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Central Islip 11722 Central Islip
28 Chestnut Street
$625,000
● House - Off Market

28 Chestnut Street

Central Islip, NY 11722
bedrooms
8 Beds
bathrooms
4 Baths
$4,048
Est. Monthly
17.80%
Cap Rate

About This Property

Amazing opportunity to own this unique home located in Central Islip. Great for a growing Family! Large full fenced lot provides plenty of space for entertaining. This home has updates through out and is conveniently located with access to major highways, shopping, transportation, schools and more! This home is a must see in person! Must provide pre-approval or POF prior to showing.
Unit Size
-
Days on Market
77 days
Land Size
0.82 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,101
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (OneKey MLS #ONE3534243)

Price History

Date / Event Date Event Price
May 15, 2024 Sold
Premium
Sold
Mar 1, 2024 In contract -
In contract
Feb 28, 2024 Listed by Catalanotto Real Estate Group $599,999
Listed by Catalanotto Real Estate Group
Mar 23, 1998 Sold
Premium
Sold
Dec 8, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,719
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000820
  • Standard Land Use Code: 1101
  • County Land Use Code: 220
  • Legal Description 1: X2219133Y197182 T023H00000000

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.20
  • Parcel: 0500-206.00-02.00-040.000
  • Block: 6000
  • Lot: 200.040
  • Municipality: ISLIP
  • Latitude: 40.7643
  • Longitude: -73.2085

    Address

  • Full Address: 28 Chestnut St
  • Address - House Number: 28
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C012
  • 4-Digit Zip Code: 4830
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,028,608
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 622,093
  • High Value: 755,712
  • Low Value: 488,473

    Market Valuation

  • Market Total Value: $571,428
  • Market Land Value: $215,659
  • Market Improvement Value: $355,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,600
  • Assessed Land Value: $15,700
  • Assessed Improvements Value: $25,900

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 1998
  • Current Sale Recording Date: Mar 23, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 08, 1997
  • Previous Sale Contract Date: Oct 27, 1997
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 51
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:

$577,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

87

Average Home Size

1702 ft²

Average Home Age

57.7 years

Currently For Sale

45 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 28 Chestnut Street built and last sold?
The property at 28 Chestnut Street was built in and last sold on Mar 11, 1998 for $120,000.
How much is this home worth?
The estimated value of the home located at 28 Chestnut Street is $0.
What are some comparable homes to 28 Chestnut Street?
There are currently no comparable homes to 28 Chestnut Street.
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