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Islip 11751 Islip
38 Roosevelt Avenue
$325,000
● House - Off Market

38 Roosevelt Avenue

Islip, NY 11751
bedrooms
2 Beds
bathrooms
2 Baths
$475,366
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Charming Ranch for One Level Living perfect for the first time home buyer or someone looking to downsize. Front enclosed porch with French doors to front deck/porch, LR, Master Bedroom, Add'l bedroom, Full family bath, Mudroom, Full finished basement, Full stand up attic. The detached 1 car garage was formerly a 2 car garage that was never removed from the records. Newer Roof, windows, appliances and more! 2nd bathroom is located in the detached garage, for which the owner has CO., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$735
HOA Dues
-
Year Built
1950

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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 #KEYL3169222)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Oct 18, 2019 In contract -
In contract
Oct 1, 2019 Listed by Signature Premier Properties $325,000
Listed by Signature Premier Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • First Altered Year: 2002
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 14,610
  • Lot Size Depth Feet: 102
  • Lot Size Frontage Feet: 143
  • Building Depth: 102
  • Building Frontage: 143
  • Gross Building Area: 68,760

    Building Floor Area

  • Commercial Building Floor Area: 68,760
  • Other Building Floor Area: 68,760

    Floor Area Ratio

  • Built Floor Area Ratio: 5
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: W3
  • Lot Type: 5
  • Land Use: 08
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 108
  • City Council District: 5
  • Police Precinct: 19
  • Fire Company: E044
  • Health Area: 4300
  • Sanitation District Borough: 1
  • Sanitation Subsection: 2B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8B

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1471
  • Lot: 5
  • Borough Block Lot: 1014710005

    Address

  • Full Address: 411 East 76 Street
  • Zip Code: 10021

Valuation

    Assessments Valuation

  • Assessed Total Value: $8,995,050
  • Assessed Land Value: $2,596,950

    Exemptions

  • Exempt Total Value: $0
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:

$644,500

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1491 ft²

Average Home Age

65.7 years

Currently For Sale

35 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 584 Main Street, Islip, NY, 11751

$3,150 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
584 Main Street #1, Islip, NY, 11751 Listing by Sean Darbyshire RENE
Unit for rent at 2 Somerset Avenue, East Islip, NY, 11730

$1,900 /mo

  • Studio
  • 1 Bath
  • 198 ft²
2 Somerset Avenue #APT3, East Islip, NY, 11730 Listing by Jamie C. Winkler
Unit for rent at 327 Brook Avenue, Bay Shore, NY, 11706

$3,025 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
327 Brook Avenue #3272B, Bay Shore, NY, 11706 Listing by Michelle Holmes

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 38 Roosevelt Avenue built and last sold?
The property at 38 Roosevelt Avenue was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 38 Roosevelt Avenue is $328,250.
What are some comparable homes to 38 Roosevelt Avenue?
There are currently no comparable homes to 38 Roosevelt Avenue.
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