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Central Islip 11722 Central Islip
278 Leaf Avenue
$435,000
● House - Off Market

278 Leaf Avenue

Islip, NY 11722
bedrooms
4 Beds
bathrooms
3 Baths
$642,110
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

FULLY RENOVATED BIG SPLANCH HOME...FIRST FLOOR OFFER: SPACIOUS OPEN FLOOR PLAN DINNING & KITCHEN WITH CUSTOM QUARTZ COUNTER TOPS, SS APPLIANCES, FAMILY R W/FIRE PLACE, 1 BEDROOM W/F BATH, LAUNDRY R ( WASHER & DRYER AS ISV) 2ND FLOOR: FORMAL LIVING R, 3RD FLOOR: MASTER BED WITH PRIVATE F BATH, 2 EXTRA BEDS F BATH, BASEMENT: BOILER R, OFFICE OR BED, FLAT BACK YARD. IT IS GAS!!  ACCESS TO ALL 5 MINUTES FROM HIGHWAYS TOP OF THE LINE THROUGHOUT MUST TO SEE JUST BRING YOUR FURNITURE WON'T LAST HURRY!, Additional information: Appearance:DIAMOND
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$943
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (OneKey MLS #KEYL3170056)

Price History

Date / Event Date Event Price
Jan 6, 2020 Sold
Premium
Sold
Dec 4, 2019 Sold
Premium
Sold
Oct 19, 2019 In contract -
In contract
Oct 4, 2019 Listed by HomeSmart Premier Living Rlty $439,000
Listed by HomeSmart Premier Living Rlty
Jul 10, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 242
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,940
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2217485Y204425 T023H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 146202

Zoning

  • Zoning: B

Geography

  • District: 0500-1
  • Section: 50.14
  • Parcel: 0500-140.00-02.00-056.000
  • Lot: 200.056
  • Municipality: ISLIP
  • Latitude: 40.7841
  • Longitude: -73.2142

    Address

  • Full Address: 278 Leaf Ave
  • Address - House Number: 278
  • Address - Street Name: Leaf
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C021
  • 4-Digit Zip Code: 2730
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,286,735
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2375
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 620,961
  • High Value: 768,482
  • Low Value: 473,441

    Market Valuation

  • Market Total Value: $561,813
  • Market Land Value: $92,033
  • Market Improvement Value: $469,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,900
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $34,200

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Jan 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 10, 2019
  • Previous Sale Contract Date: Jun 21, 2019
  • Previous Sale Amount: $275,096
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Islip

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

92

Average Home Size

1640 ft²

Average Home Age

57.6 years

Currently For Sale

40 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 300 Carleton Avenue, Central Islip, NY, 11722

$3,795 /mo

  • 2 Beds
  • 2 Baths
  • 1,163 ft²
300 Carleton Avenue #5207, Central Islip, NY, 11722 Listing by Rita B. Bender
Unit for rent at 38 Sage Street, Central Islip, NY, 11722

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,050 ft²
38 Sage Street, Central Islip, NY, 11722 Listing by Luis Dominguez
Unit for rent at 4 E Walnut Street, Central Islip, NY, 11722

$2,150 /mo

  • 1 Bed
  • 1 Bath
  • 2,130 ft²
4 E Walnut Street #FLOOR1, Central Islip, NY, 11722 Listing by Ryan Joshua Hodulick

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 278 Leaf Avenue built and last sold?
The property at 278 Leaf Avenue was built in 1970 and last sold on Nov 18, 2019 for $435,000.
How much is this home worth?
The estimated value of the home located at 278 Leaf Avenue is $443,390.
What are some comparable homes to 278 Leaf Avenue?
There are currently no comparable homes to 278 Leaf Avenue.
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