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Islip 11751 Islip
41 Elliot Street
Photo of 41 Elliot Street
Sold on May 16, 2025

31

Map

Photo of 41 Elliot Street
Photo of 41 Elliot Street
$480,000
● House - Off Market

41 Elliot Street

Islip, NY 11751
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$3,382
Est. Monthly
10.26%
Cap Rate

About This Property

Lovely 4 Bedroom 1 Full Bath Cape Cod located in a quiet section of the Commack Road area. Featuring hardwood floors, wood burning fireplace, large eat in kitchen, screened porch, full unfinished basement, 1 car garage, full fenced in yard, in ground sprinklers and low taxes $11,180. before basic star rebate. This is the one you have been waiting for!~
Unit Size
1,500 Ft²
Days on Market
162 days
Land Size
0.25 acres
Price per sqft
$333
Property Type
House
Property Taxes
$932
HOA Dues
-
Year Built
1906

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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: 2 years ago (OneKey MLS #KEY803468)

Price History

Date / Event Date Event Price
May 16, 2025 Sold
Premium
Sold
Feb 4, 2025 In contract -
In contract
Jan 14, 2025 In contract -
In contract
Jan 13, 2025 Price Decreased $499,000
↓ $50K (9.1%)
Price Decreased
Dec 5, 2024 Listed by Eric G Ramsay Jr Assoc LLC $549,000
Listed by Eric G Ramsay Jr Assoc LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1906
  • First Altered Year: 2005
  • Building Count: 1
  • Floor Count: 6
  • Total Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 6,250
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 63
  • Building Depth: 90
  • Building Frontage: 63
  • Gross Building Area: 28,883

    Floor Area Ratio

  • Built Floor Area Ratio: 5
  • Residential Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: H8
  • Lot Type: 3
  • Land Use: 08
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 109
  • City Council District: 7
  • Historic District Name: Morningside Heights Historic District
  • Police Precinct: 26
  • Fire Company: E047
  • Health Area: 8800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 03

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1990
  • Lot: 35
  • Borough Block Lot: 1019900035

    Address

  • Full Address: 49 Claremont Avenue
  • Zip Code: 10027

Valuation

    Assessments Valuation

  • Assessed Total Value: $1,510,650
  • Assessed Land Value: $405,000

    Exemptions

  • Exempt Total Value: $1,510,650
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 53 Mowbray Avenue, Bay Shore, NY, 11706

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 41 Elliot Street built and last sold?
The property at 41 Elliot Street was built in 1906 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 41 Elliot Street is $0.
What are some comparable homes to 41 Elliot Street?
There are currently no comparable homes to 41 Elliot Street.
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