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Islip 11751 Islip
29 Milton Street
$415,000
● House - Off Market

29 Milton Street

Islip, NY 11751
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$534,743
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

A must see totally turn key home on a quiet street in Islip close to schools and shops! Large yard boasts a self contained cottage (converted two car garage with separate meter and cesspool) that currently has a half bath. Home features a gourmet eat in kitchen with granite counter tops and stainless steel appliances. 2 bedrooms upstairs including a large master that could be converted back into 3 bedrooms if necessary.  Full bath upstairs.  Both a front porch for morning coffee and a Trex deck for barbecues allows you to enjoy the massive yard., Additional information: Appearance:Diamond+,Interior Features:Guest Quarters,Marble Bath
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$809
HOA Dues
-
Year Built
1897

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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: 4 months ago (OneKey MLS #KEYL3225431)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Jul 13, 2020 In contract -
In contract
Jun 24, 2020 Listed by Shea & Sanders Real Estate Inc $399,900
Listed by Shea & Sanders Real Estate Inc

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1897
  • First Altered Year: 1956
  • Recent Altered Year: 1998
  • Building Count: 1
  • Floor Count: 6
  • Total Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 38,866
  • Lot Size Depth Feet: 192
  • Lot Size Frontage Feet: 200
  • Building Depth: 160
  • Building Frontage: 200
  • Gross Building Area: 107,520

    Building Floor Area

  • Commercial Building Floor Area: 107,520
  • Other Building Floor Area: 107,520

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: W6
  • Lot Type: 3
  • Land Use: 08
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 109
  • City Council District: 7
  • Police Precinct: 26
  • Fire Company: E047
  • Health Area: 8800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 03

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1989
  • Lot: 50
  • Borough Block Lot: 1019890050

    Address

  • Full Address: 600 West 120 Street
  • Zip Code: 10027

Valuation

    Assessments Valuation

  • Assessed Total Value: $8,878,500
  • Assessed Land Value: $1,413,000

    Exemptions

  • Exempt Total Value: $8,878,500
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 Islip

Stats & Trends

Median Asking:

$644,500

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1491 ft²

Average Home Age

65.7 years

Currently For Sale

35 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 584 Main Street, Islip, NY, 11751

$3,150 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
584 Main Street #1, Islip, NY, 11751 Listing by Sean Darbyshire RENE
Unit for rent at 2 Somerset Avenue, East Islip, NY, 11730

$1,900 /mo

  • Studio
  • 1 Bath
  • 198 ft²
2 Somerset Avenue #APT3, East Islip, NY, 11730 Listing by Jamie C. Winkler
Unit for rent at 327 Brook Avenue, Bay Shore, NY, 11706

$3,025 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
327 Brook Avenue #3272B, Bay Shore, NY, 11706 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 Milton Street built and last sold?
The property at 29 Milton Street was built in 1897 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29 Milton Street is $403,899.
What are some comparable homes to 29 Milton Street?
There are currently no comparable homes to 29 Milton Street.
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