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North Bay Shore 11706 North Bay Shore
45 Cedar Drive
$370,000
● House - Off Market

45 Cedar Drive

Islip, NY 11706
bedrooms
4 Beds
bathrooms
2 Baths
$560,421
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Completely Renovated August 2018. Gleaming Hardwood Floors Throughout. New Kitchen Featuring Dark Shaker Cabinets Topped With Granite Countertops And Stainless Steel Appliances. All New Bathrooms, Siding, Windows, Roof, Driveway And Fixtures. Large Spacious Backyard. Don't Miss Out- This House Won't Last!, Additional information: Appearance:Diamond+++,Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$616
HOA Dues
-
Year Built
1955

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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 #KEYL3053461)

Price History

Date / Event Date Event Price
Oct 17, 2018 Sold
Premium
Sold
Aug 1, 2018 Listed by Tidemill Enterprises Inc $370,000
Listed by Tidemill Enterprises Inc
Jul 13, 2018 Sold
Premium
Sold
Apr 6, 2018 Listed by Tidemill Enterprises Inc $190,800
Listed by Tidemill Enterprises Inc
Aug 24, 2017 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 8
  • Basement Area: 266
  • Garage Type: 1
  • Garage Square Area: 231
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,533
  • Building Area: 1,302
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,302
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP BRIGHTWATERS LAND CORPORATION
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2200100Y191781 T017H00000000

Neighborhood

  • School District Name: Brentwood Union Free School District
  • School Tax School District: BRENTWOOD
  • Census Tract: 145905

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.26
  • Parcel: 0500-265.00-02.00-021.000
  • Block: 5000
  • Lot: 200.021
  • Municipality: ISLIP
  • Latitude: 40.7497
  • Longitude: -73.2774

    Address

  • Full Address: 45 Cedar Dr
  • Address - House Number: 45
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bay Shore
  • Carrier Code: C010
  • 4-Digit Zip Code: 1401
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472812

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 574,670
  • High Value: 711,947
  • Low Value: 437,393

    Market Valuation

  • Market Total Value: $455,357
  • Market Land Value: $87,912
  • Market Improvement Value: $367,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,150
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $26,750

    Sales

  • Current Sale Contract Date: Jun 06, 2018
  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 24, 2017
  • Previous Sale Contract Date: Jun 14, 2017
  • Previous Sale Amount: $603,972
  • Previous Sale Document Type: 59

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
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 North Bay Shore

Stats & Trends

Median Asking:

$632,000

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

99

Average Home Size

1522 ft²

Average Home Age

67.5 years

Currently For Sale

14 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 46 Garden City Street, Bay Shore, NY, 11706

$5,000 /mo

  • 6 Beds
  • 2 Baths
  • 3,132 ft²
46 Garden City Street, Bay Shore, NY, 11706 Listing by Eric Gordon Ramsay IV

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 45 Cedar Drive built and last sold?
The property at 45 Cedar Drive was built in 1955 and last sold on Jun 6, 2018 for $177,000.
How much is this home worth?
The estimated value of the home located at 45 Cedar Drive is $0.
What are some comparable homes to 45 Cedar Drive?
There are currently no comparable homes to 45 Cedar Drive.
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