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Great River 11739 Great River
369 Great River Road
$1,257,000
● House - Off Market

369 Great River Road

Islip, NY 11739
bedrooms
4 Beds
bathrooms
2 Baths
$2,032,570
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Spectacular Waterfront (1.2 acres) Connetquot River estate, containing a newly renovated 3,000 sq. SF home, plus 600 SF newly renovated/permitted waterfront cottage w/loft, plus a 700 sq. foot detached garage w/loft and attached fitness room. Cottage has Fujitsu AC/Heat and a fireplace. Waterfront has a 75' protected deep water slip and an additional 50' of bulkhead for smaller boats. Complete with a protected beach area for swimming and launching kayaks. Amazing views from home and the cottage., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
1.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,250
HOA Dues
-
Year Built
1915

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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: 5 months ago (OneKey MLS #KEYL3173077)

Price History

Date / Event Date Event Price
Mar 12, 2020 Sold
Premium
Sold
Jan 16, 2020 Sold
Premium
Sold
Nov 26, 2019 In contract -
In contract
Oct 16, 2019 Listed by GYGA Realty $1,395,000
Listed by GYGA Realty
Oct 9, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • 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: 708
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Lot Size Frontage Feet: 930
  • Total Building Area: 4,531
  • Building Area: 2,974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,974
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF KINGS ESTATES
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2235044Y182418 T063H00000000H

Neighborhood

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

Zoning

  • Zoning: AA

Geography

  • District: 0500-4
  • Section: 50.42
  • Parcel: 0500-428.00-01.00-013.000
  • Block: 8000
  • Lot: 100.013
  • Municipality: ISLIP
  • Latitude: 40.7231
  • Longitude: -73.1517

    Address

  • Full Address: 369 Great River Rd
  • Address - House Number: 369
  • 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: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472803

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,374,241
  • High Value: 1,703,141
  • Low Value: 1,045,342

    Market Valuation

  • Market Total Value: $1,446,428
  • Market Land Value: $590,659
  • Market Improvement Value: $855,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,300
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $62,300

    Sales

  • Current Sale Contract Date: Jan 14, 2020
  • Current Sale Recording Date: Mar 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 29, 2011
  • Previous Sale Contract Date: Sep 15, 2011
  • Previous Sale Amount: $925,000
  • 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 Great River

Stats & Trends

Median Asking:

$939,500

Sale Price/ft²

$472

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2869 ft²

Average Home Age

55.2 years

Currently For Sale

5 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 369 Great River Road built and last sold?
The property at 369 Great River Road was built in 1915 and last sold on Jan 14, 2020 for $1,257,500.
How much is this home worth?
The estimated value of the home located at 369 Great River Road is $1,408,950.
What are some comparable homes to 369 Great River Road?
There are currently no comparable homes to 369 Great River Road.
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