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Central Islip 11722 Central Islip
41 Gibbs Road
$690,000
● House - Off Market

41 Gibbs Road

Islip, NY 11722
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,931 Ft²
$4,199
Est. Monthly
7.27%
Cap Rate

About This Property

Beautifully Renovated Colonial, Ready to move in and Call it home, The home offers a blend of modern and elegant style. This Home Features 4 Bedrooms and 2 full baths in the second floor, The First floor consists of Ample Living Room, Full Guest Bathroom, Custom EIK with Quartz Countertops and SSA, Formal Dining Room and a Sun Room giving you access to the park like backyard. Gleaming Hardwood floors throughout the home, Full Unfinished Basement and Spacious Double Garage. The Pool is in AS IS condition and no representation on the condition of the pool. Too much to list., Additional information: Appearance:Mint ++,Interior Features:Lr/Dr
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$363
Property Type
House
Property Taxes
$761
HOA Dues
-
Year Built
-

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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 #KEYL3549043)

Price History

Date / Event Date Event Price
Jul 18, 2024 Sold
Premium
Sold
Apr 12, 2024 Delisted -
Delisted
Mar 1, 2024 In contract -
In contract
Feb 27, 2024 Listed by Millennium Homes $699,999
Listed by Millennium Homes
Jan 22, 2024 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Frontage Feet: 950
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2225496Y208592 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: 0500-1
  • Section: 50.10
  • Parcel: 0500-100.00-01.00-065.002
  • Lot: 100.065
  • Municipality: ISLIP
  • Latitude: 40.7953
  • Longitude: -73.1852

    Address

  • Full Address: 41 Gibbs Rd
  • Address - House Number: 41
  • Address - Street Name: Gibbs
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C024
  • 4-Digit Zip Code: 2636
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $255,767
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 685,968
  • High Value: 786,427
  • Low Value: 585,508

    Market Valuation

  • Market Total Value: $391,483
  • Market Land Value: $97,527
  • Market Improvement Value: $293,956

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,500
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $21,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 10, 2023
  • Previous Sale Contract Date: Apr 28, 2023
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 34
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

92

Average Home Size

1618 ft²

Average Home Age

57.6 years

Currently For Sale

41 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 639 Townline Road, Hauppauge, NY, 11788

$5,400 /mo

  • 5 Beds
  • 3 Baths
  • 2,315 ft²
639 Townline Road, Hauppauge, NY, 11788 Listing by Xuehui S. Lin

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 41 Gibbs Road built and last sold?
The property at 41 Gibbs Road was built in and last sold on Oct 25, 2023 for $429,900.
How much is this home worth?
The estimated value of the home located at 41 Gibbs Road is $708,465.
What are some comparable homes to 41 Gibbs Road?
There are currently no comparable homes to 41 Gibbs Road.
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