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Islip 11751 Islip
42 Richmond Street
Photo of 42 Richmond Street
Sold on Apr 7, 2026

34

Map

Photo of 42 Richmond Street
Photo of 42 Richmond Street
$550,000
● House - Off Market

42 Richmond Street

Islip, NY 11751
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$3,637
Est. Monthly
9.73%
Cap Rate

About This Property

Excellent Ranch
Unit Size
1,280 Ft²
Days on Market
236 days
Land Size
0.17 acres
Price per sqft
$430
Property Type
House
Property Taxes
$936
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: 7 months ago (OneKey MLS #KEY901674)

Price History

Date / Event Date Event Price
Apr 7, 2026 Sold
Premium
Sold
Feb 4, 2026 In contract -
In contract
Feb 1, 2026 No longer available -
No longer available
Dec 19, 2025 In contract -
In contract
Oct 22, 2025 Price Decreased $549,999
↓ $50K (8.3%)
Price Decreased
Show More

Property Highlights

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: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • 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
  • Subdivision: MAP PINES ISLIP
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2214378Y190428 T043H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 146103

Zoning

  • Zoning: B

Geography

  • District: 0500-2
  • Section: 50.29
  • Parcel: 0500-293.00-02.00-045.000
  • Block: 3000
  • Lot: 200.045
  • Municipality: ISLIP
  • Latitude: 40.7457
  • Longitude: -73.2259

    Address

  • Full Address: 42 Richmond St
  • Address - House Number: 42
  • Address - Street Name: Richmond
  • Address - Suffix Type: St
  • State: NY
  • City Name: Islip
  • Carrier Code: C006
  • 4-Digit Zip Code: 2015
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $851,406
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 531,940
  • High Value: 669,956
  • Low Value: 393,924

    Market Valuation

  • Market Total Value: $439,561
  • Market Land Value: $93,407
  • Market Improvement Value: $346,154

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $25,200

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 24, 2018
  • Previous Sale Contract Date: Jan 11, 2018
  • Previous Sale Amount: $98,750
  • Previous Sale Document Type: O
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:

$649,000

Sale Price/ft²

$406

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1308 ft²

Average Home Age

67.6 years

Currently For Sale

29 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: 7 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 42 Richmond Street built and last sold?
The property at 42 Richmond Street was built in and last sold on Apr 28, 2023 for $505,000.
How much is this home worth?
The estimated value of the home located at 42 Richmond Street is $0.
What are some comparable homes to 42 Richmond Street?
There are currently no comparable homes to 42 Richmond Street.
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