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West Islip 11795 West Islip
426 Oak Neck Road
$479,000
● House - Off Market

426 Oak Neck Road

Islip, NY 11795
bedrooms
4 Beds
bathrooms
2 Baths
$724,599
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Fabulous Louisiana Style  Hi-Ranch In Desired West Islip S.D. Situated On 75 X 100 Lot W/Completely Fenced Backyard Including Wonderful Trex Deck And New Front Balcony. Many Updates Including Kitchen W/Granite Counter-Tops & Stainless Appliances. Gorgeous Bella Wood Brazilian Cherry Hardwood Floors In Lr, Dr, Hallway & Bdrm.. Spacious Lower Level Which Has Been Recently Updated Including New Carpet.  Don't Miss This One!!, Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$993
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 #KEYL3045383)

Price History

Date / Event Date Event Price
Oct 16, 2018 Sold
Premium
Sold
Jul 5, 2018 Listed by Douglas Elliman Real Estate $479,000
Listed by Douglas Elliman Real Estate
Jun 2, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning

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: 275
  • 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: 2,632
  • Building Area: 1,997
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,997
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2197954Y175909 T055H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 147001

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.45
  • Parcel: 0500-457.00-01.00-023.000
  • Block: 7000
  • Lot: 100.023
  • Municipality: ISLIP
  • Latitude: 40.7062
  • Longitude: -73.2856

    Address

  • Full Address: 426 Oak Neck Rd
  • Address - House Number: 426
  • Address - Street Name: Oak Neck
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: West Islip
  • Carrier Code: C027
  • 4-Digit Zip Code: 3614
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,338,785
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 676,032
  • High Value: 828,952
  • Low Value: 523,112

    Market Valuation

  • Market Total Value: $625,000
  • Market Land Value: $104,396
  • Market Improvement Value: $520,604

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,500
  • Assessed Land Value: $7,600
  • Assessed Improvements Value: $37,900

    Sales

  • Current Sale Contract Date: Sep 27, 2018
  • Current Sale Recording Date: Oct 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 02, 2000
  • Previous Sale Contract Date: Apr 17, 2000
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 40
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 West Islip

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2221 ft²

Average Home Age

62.7 years

Currently For Sale

38 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 50 Cedar Point Drive, West Islip, NY, 11795

$5,500 /mo

  • 5 Beds
  • 2 Baths
  • 3,060 ft²
50 Cedar Point Drive, West Islip, NY, 11795 Listing by Marie Catanzano

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 426 Oak Neck Road built and last sold?
The property at 426 Oak Neck Road was built in 1968 and last sold on Sep 27, 2018 for $479,000.
How much is this home worth?
The estimated value of the home located at 426 Oak Neck Road is $0.
What are some comparable homes to 426 Oak Neck Road?
There are currently no comparable homes to 426 Oak Neck Road.
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