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Great River 11739 Great River
347 Great River Road
$1,700,000
● House - Off Market

347 Great River Road

Islip, NY 11739
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$1,501,513
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Incredible opportunity to renovate this Classic Colonial featuring 3 bedrooms 3.5 baths Formal living room, formal dining rom, eat in kitchen, family room, heated sun room, 2 car garage on 1.4 acres waterfront on the Connetquot River. Docking and small private beach!
Unit Size
-
Days on Market
-
Land Size
1.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,333
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: 6 months ago (OneKey MLS #KEYL3472968)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
Jun 20, 2023 Sold
Premium
Sold
Apr 22, 2023 In contract -
In contract
Apr 21, 2023 Listed by Eric G Ramsay Jr Assoc LLC $1,499,000
Listed by Eric G Ramsay Jr Assoc LLC
Sep 23, 1993 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: 67,518
  • Lot Size Frontage Feet: 0
  • 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: 0000001550
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Islip Union Free School District
  • School Tax School District: EAST ISLIP
  • Census Tract: 147503

Geography

  • District: 0500-4
  • Section: 50.42
  • Parcel: 0500-428.00-01.00-005.001
  • Block: 8000
  • Lot: 100.005
  • Municipality: ISLIP
  • Latitude: 40.7242
  • Longitude: -73.1543

    Address

  • Full Address: 347 Great River Rd
  • Address - House Number: 347
  • Address - Street Name: Great River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great River
  • Carrier Code: R777
  • 4-Digit Zip Code: 3010
  • Zip Code: 11739

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 472803

    Market Valuation

  • Market Total Value: $1,416,209
  • Market Land Value: $755,495
  • Market Improvement Value: $660,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,100
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $48,100

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 23, 1993
  • Previous Sale Contract Date: Aug 20, 1993
  • Previous Sale Amount: $25,000
  • 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 Great River

Stats & Trends

Median Asking:

$980,000

Sale Price/ft²

$481

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2998 ft²

Average Home Age

54 years

Currently For Sale

4 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 264 E Main Street, East Islip, NY, 11730

$2,635 /mo

  • 1 Bed
  • 1 Bath
  • 684 ft²
264 E Main Street #264, East Islip, NY, 11730 Listing by Michelle Holmes
Unit for rent at 255 E Main Street, East Islip, NY, 11730

$2,620 /mo

  • 1 Bed
  • 1 Bath
  • 980 ft²
255 E Main Street #49, East Islip, NY, 11730 Listing by Michelle Holmes
Unit for rent at 20 W Shore Road, Oakdale, NY, 11769

$2,445 /mo

  • 1 Bed
  • 1 Bath
  • 625 ft²
20 W Shore Road #A, Oakdale, NY, 11769 Listing by Michelle Holmes

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 347 Great River Road built and last sold?
The property at 347 Great River Road was built in and last sold on Jun 20, 2023 for $1,700,000.
How much is this home worth?
The estimated value of the home located at 347 Great River Road is $1,513,990.
What are some comparable homes to 347 Great River Road?
There are currently no comparable homes to 347 Great River Road.
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