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Holbrook 11741 Holbrook
40 Lambeth Street
$355,000
● House - Off Market

40 Lambeth Street

Islip, NY 11741
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$549,029
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Lovingly Well Maintained 3 Bedroom 1.5 Bath Ranch ,Basement Recreation Rm W Fireplace& Storage Situated On Just Over 1/3 Acre Of Landscaped Property W/4 Year Old Architectural Roof, Young Appliances, Skylight In Kitchen, Hardwood Floors Under Carpet, Peerless Burner W/2 Zone Heat,6 Zone Igs, Solid Wood And Stained Glass Entry Door, Custom Interior Wood Doors, 150 Amp Electric, Ceiling Fans, Custom Fence,  & Gazebo, 1 Car Garage, Extra Blown In R38 Insulation, Additional information: Appearance:Mint,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$745
HOA Dues
-
Year Built
1968

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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 #KEYL3055790)

Price History

Date / Event Date Event Price
Apr 19, 2019 Sold
Premium
Sold
Aug 9, 2018 Listed by Century 21 Princeton Prop $369,990
Listed by Century 21 Princeton Prop

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 1
  • Garage Square Area: 288
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,394
  • Building Area: 1,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,106
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2259312Y205385 T032H00000000

Neighborhood

  • School District Name: Sachem Central School District
  • School Tax School District: SACHEM
  • Census Tract: 146614

Zoning

  • Zoning: AA

Geography

  • District: 0500-1
  • Section: 50.17
  • Parcel: 0500-176.00-01.00-019.000
  • Block: 6000
  • Lot: 100.019
  • Municipality: ISLIP
  • Latitude: 40.7856
  • Longitude: -73.0632

    Address

  • Full Address: 40 Lambeth St
  • Address - House Number: 40
  • Address - Street Name: Lambeth
  • Address - Suffix Type: St
  • State: NY
  • City Name: Holbrook
  • Carrier Code: C021
  • 4-Digit Zip Code: 5504
  • Zip Code: 11741

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $965,603
  • Tax Rate Code Area: 472205

    Appraisal Valuation

  • Standard Deviation: 0.2392
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 604,133
  • High Value: 748,699
  • Low Value: 459,566

    Market Valuation

  • Market Total Value: $498,626
  • Market Land Value: $173,077
  • Market Improvement Value: $325,549

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,300
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $23,700

    Sales

  • Current Sale Contract Date: Apr 01, 2019
  • Current Sale Recording Date: Apr 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 25, 2011
  • Previous Sale Contract Date: Sep 21, 2011
  • 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 Holbrook

Stats & Trends

Median Asking:

$669,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

80

Average Home Size

1847 ft²

Average Home Age

62.7 years

Currently For Sale

23 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 67 Sunlight Walk, Holbrook, NY, 11741

$3,945 /mo

  • 2 Beds
  • 2 Baths
  • 1,366 ft²
67 Sunlight Walk #67, Holbrook, NY, 11741 Listing by Michelle Holmes
Unit for rent at 27 Sunlight Walk, Holbrook, NY, 11741

$3,690 /mo

  • 2 Beds
  • 2 Baths
  • 1,271 ft²
27 Sunlight Walk #27, Holbrook, NY, 11741 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 40 Lambeth Street built and last sold?
The property at 40 Lambeth Street was built in 1968 and last sold on Apr 1, 2019 for $355,000.
How much is this home worth?
The estimated value of the home located at 40 Lambeth Street is $373,690.
What are some comparable homes to 40 Lambeth Street?
There are currently no comparable homes to 40 Lambeth Street.
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