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Islip 11751 Islip
3 Surf Avenue
$413,000
● House - Off Market

3 Surf Avenue

Islip, NY 11751
bedrooms
4 Beds
bathrooms
3 Baths
$820,183
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Beautifully Expanded And Updated Colonial Has It All! Andersen Windows, Granite Kitchen, 3 Beautifully Appointed Baths, 2nd Floor Laundry, Wood Floors, Central Air, First Floor Is Handicapped Accessible  And Much More! Conveniently Located Near Downtown Islip., Additional information: Appearance:Diamond,Separate Hotwater Heater:Gas
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$709
HOA Dues
-
Year Built
1953

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: 6 months ago (OneKey MLS #KEYL2624218)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 29, 2021 In contract -
In contract
Jun 4, 2021 Listed by Century 21 AA Realty $649,000
Listed by Century 21 AA Realty
Oct 17, 2014 Sold
Premium
Sold
Oct 19, 2013 Listed by Douglas Elliman Real Estate $439,990
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 4
  • Garage Square Area: 288
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,430
  • Building Area: 2,142
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,142
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2215405Y182814 T059H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147402

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.39
  • Parcel: 0500-395.00-03.00-039.000
  • Block: 5000
  • Lot: 300.039
  • Municipality: ISLIP
  • Latitude: 40.7249
  • Longitude: -73.2224

    Address

  • Full Address: 3 Surf Ave
  • Address - House Number: 3
  • Address - Street Name: Surf
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip
  • Carrier Code: C001
  • 4-Digit Zip Code: 4217
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,604,021
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 728,070
  • High Value: 899,565
  • Low Value: 556,575

    Market Valuation

  • Market Total Value: $674,450
  • Market Land Value: $142,857
  • Market Improvement Value: $531,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,100
  • Assessed Land Value: $10,400
  • Assessed Improvements Value: $38,700

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 17, 2014
  • Previous Sale Contract Date: Oct 03, 2014
  • Previous Sale Amount: $408,500
  • Previous Sale Document Type: 12
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

$407

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1319 ft²

Average Home Age

71 years

Currently For Sale

32 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 53 Mowbray Avenue, Bay Shore, NY, 11706

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano
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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3 Surf Avenue built and last sold?
The property at 3 Surf Avenue was built in 1953 and last sold on Aug 30, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 3 Surf Avenue is $655,490.
What are some comparable homes to 3 Surf Avenue?
There are currently no comparable homes to 3 Surf Avenue.
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