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Central Islip 11722 Central Islip
37 Bow Lane
$145,000
● House - Off Market

37 Bow Lane

Islip, NY 11722
bedrooms
3 Beds
bathrooms
1 Bath
$331,690
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

3 Bedroom Ranch With Updated Eat In Kitchen, Livingroom With Fireplace, Newer Bath, Full Finished Basement, Extra Large Fenced Yard With Pool For Entertaining, Quiet Street, Located Near All Transportation And Shopping!!  Taxes With Star Program $6034.39, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1963

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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: 4 months ago (OneKey MLS #KEYL2481747)

Price History

Date / Event Date Event Price
Mar 24, 2021 Sold
Premium
Sold
Feb 17, 2021 Sold
Premium
Sold
Dec 3, 2020 In contract -
In contract
Nov 21, 2020 Price Decreased $350,000
↓ $24K (6.4%)
Price Decreased
Nov 16, 2020 Price Increased $374,000
↑ $24K (6.9%)
Price Increased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 8
  • Basement Area: 800
  • Garage Type: 1
  • Garage Square Area: 275
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,035
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2226225Y209426 T012H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 145706

Zoning

  • Zoning: A

Geography

  • District: 0500-0
  • Section: 50.08
  • Parcel: 0500-080.00-02.00-069.000
  • Lot: 200.069
  • Municipality: ISLIP
  • Latitude: 40.7976
  • Longitude: -73.1825

    Address

  • Full Address: 37 Bow Ln
  • Address - House Number: 37
  • Address - Street Name: Bow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C010
  • 4-Digit Zip Code: 2618
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $811,123
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 479,286
  • High Value: 601,468
  • Low Value: 357,105

    Market Valuation

  • Market Total Value: $344,780
  • Market Land Value: $96,154
  • Market Improvement Value: $248,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,100
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $18,100

    Sales

  • Current Sale Contract Date: Feb 17, 2021
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 16, 2013
  • Previous Sale Contract Date: Jun 29, 2013
  • Previous Sale Amount: $145,000
  • 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 Central Islip

Stats & Trends

Median Asking:

$577,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

87

Average Home Size

1699 ft²

Average Home Age

59 years

Currently For Sale

46 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 1334 Connetquot Avenue, Central Islip, NY, 11722

$3,600 /mo

  • 3 Beds
  • 1 Bath
  • 2,084 ft²
1334 Connetquot Avenue, Central Islip, NY, 11722 Listing by Vianny Ogando

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 37 Bow Lane built and last sold?
The property at 37 Bow Lane was built in 1963 and last sold on Feb 17, 2021 for $344,750.
How much is this home worth?
The estimated value of the home located at 37 Bow Lane is $0.
What are some comparable homes to 37 Bow Lane?
There are currently no comparable homes to 37 Bow Lane.
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