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Islip 11751 Islip
3 Cranberry Drive
Photo of 3 Cranberry Drive
Sold on Aug 16, 2023

36

Map

Photo of 3 Cranberry Drive
Photo of 3 Cranberry Drive
$775,000
● House - Off Market

3 Cranberry Drive

Islip, NY 11751
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,461 Ft²
$795,509
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This is that one of a kind special waterfront home you have been waiting for.Update this home to your liking.This expanded Ranch has large rooms,walk in closets,large bedroom on 2nd floor.Primary on 1st floor.Updated roof,windows.This home sits on 1.4 acres.The property is set on and overlooks Knapp Lake and has a waterfall the lets the water flow right into your very own beautiful pond. Sunroom. Huge attic from 2nd floor bedroom.Estate sale has to finish probate and is being sold as is. All appliances are as is. Bedrooms, dining room, den, kitchen all contain gorgeous water views. over sized 2 car attached garage.You very own pond contains Sunfish,Carp,Bass,Turtles,Blue Herons and Night Herons. This is your oasis., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:y
Unit Size
2,461 Ft²
Days on Market
83 days
Land Size
1.40 acres
Price per sqft
$325
Property Type
House
Property Taxes
$1,704
HOA Dues
-
Year Built
-

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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: 2 years ago (OneKey MLS #KEYL3479645)

Price History

Date / Event Date Event Price
Aug 16, 2023 Sold
Premium
Sold
Jun 29, 2023 In contract -
In contract
May 21, 2023 Listed by Douglas Elliman Real Estate $799,990
Listed by Douglas Elliman Real Estate
Dec 27, 1994 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Lot Size Frontage Feet: 3,170
  • 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: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2220794Y185134 T058H00000000WL

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147401

Zoning

  • Zoning: A

Geography

  • District: 0500-3
  • Section: 50.37
  • Parcel: 0500-371.00-01.00-059.000
  • Block: 1000
  • Lot: 100.059
  • Municipality: ISLIP
  • Latitude: 40.731
  • Longitude: -73.2033

    Address

  • Full Address: 3 Cranberry Dr
  • Address - House Number: 3
  • Address - Street Name: Cranberry
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Islip
  • Carrier Code: C015
  • 4-Digit Zip Code: 3701
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 782,822
  • High Value: 896,911
  • Low Value: 668,734

    Market Valuation

  • Market Total Value: $866,758
  • Market Land Value: $469,780
  • Market Improvement Value: $396,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,100
  • Assessed Land Value: $34,200
  • Assessed Improvements Value: $28,900

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 1994
  • Current Sale Recording Date: Dec 27, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Previous Sale Recording Date: Dec 15, 1994
  • Previous Sale Contract Date: Oct 12, 1994
  • 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 Islip

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$406

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1357 ft²

Average Home Age

67.7 years

Currently For Sale

31 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 7 Suffolk Lane, East Islip, NY, 11730

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,731 ft²
7 Suffolk Lane, East Islip, NY, 11730 Listing by Sean Darbyshire RENE

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3 Cranberry Drive built and last sold?
The property at 3 Cranberry Drive was built in and last sold on Dec 5, 1994 for $25,000.
How much is this home worth?
The estimated value of the home located at 3 Cranberry Drive is $0.
What are some comparable homes to 3 Cranberry Drive?
There are currently no comparable homes to 3 Cranberry Drive.
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