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Bayport 11705 Bayport
317 Bernice Drive
$325,000
● House - Off Market

317 Bernice Drive

Bayport, NY 11705
bedrooms
Studio
bathrooms
0 Bath
$555,383
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Great Location! Just off Montauk Hwy in Bayport, only 2 minutes from RT 97 Nichols Rd, fast HWY access to Sunrise HWY and the Long Island Expressway. Building features 14 Ft ceiling W/ 12Ft garage door, 400 AMP service, central AC and fenced in yard, Currently build out as R&D W/ 30% warehouse and 70% office can also be used as showroom and retail.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
-
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: 3 years ago (OneKey MLS #ONE3217332)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Nov 20, 2020 Sold
Premium
Sold
May 26, 2020 Listed by Coldwell Banker Realty $419,000
Listed by Coldwell Banker Realty
Oct 7, 1994 Sold
Premium
Sold

Property Highlights

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: 6,970
  • Lot Size Frontage Feet: 580
  • 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: C
  • Land Acres: 0000000160
  • Standard Land Use Code: 2003
  • County Land Use Code: 484
  • Legal Description 1: N051N00000000

Neighborhood

  • School District Name: Bayport-Blue Point Union Free School District
  • School Tax School District: BAYPORT-BLUE PO
  • Census Tract: 147901

Zoning

  • Zoning: BUS1

Geography

  • District: 0500-3
  • Section: 50.33
  • Parcel: 0500-333.00-02.00-013.003
  • Block: 3000
  • Lot: 200.013
  • Municipality: ISLIP
  • Latitude: 40.7475
  • Longitude: -73.0543

    Address

  • Full Address: 317 Bernice Dr
  • Address - House Number: 317
  • Address - Street Name: Bernice
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bayport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1201
  • Zip Code: 11705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472805

    Market Valuation

  • Market Total Value: $473,901
  • Market Land Value: $210,165
  • Market Improvement Value: $263,736

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,500
  • Assessed Land Value: $15,300
  • Assessed Improvements Value: $19,200

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 07, 1994
  • Previous Sale Contract Date: Sep 29, 1994
  • Previous Sale Amount: $165,000
  • 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 Bayport

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

75

Average Home Size

2551 ft²

Average Home Age

84.9 years

Currently For Sale

10 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 234 River Avenue, Patchogue, NY, 11772

$1,960 /mo

  • Studio
  • 1 Bath
  • 485 ft²
234 River Avenue #53, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 311 West Main Street, Patchogue, NY, 11772

$2,155 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
311 West Main Street #11, Patchogue, NY, 11772 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 317 Bernice Drive built and last sold?
The property at 317 Bernice Drive was built in and last sold on Nov 24, 2020 for $330,000.
How much is this home worth?
The estimated value of the home located at 317 Bernice Drive is $423,190.
What are some comparable homes to 317 Bernice Drive?
There are currently no comparable homes to 317 Bernice Drive.
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