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Central Islip 11722 Central Islip
45 Wheeler Road
$395,000
● House - Off Market

45 Wheeler Road

Islip, NY 11722
bedrooms
4 Beds
bathrooms
2 Baths
$570,091
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Beautiful updated colonial, new bathrooms, new kitchen with granite counter tops, deck, corner property with a big yard. Call today!, Additional information: Appearance:Mint+,Business Located At:,Rental Income:,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
1890

Payment Calculator

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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 #KEYL3165957)

Price History

Date / Event Date Event Price
Apr 23, 2020 Sold
Premium
Sold
Feb 19, 2020 Sold
Premium
Sold
Oct 24, 2019 In contract -
In contract
Sep 19, 2019 Listed by Millennium Homes $394,900
Listed by Millennium Homes
Aug 8, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: 4
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,110
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2220400Y207759 N012H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 145706

Zoning

  • Zoning: B

Geography

  • District: 0500-0
  • Section: 50.09
  • Parcel: 0500-098.00-02.00-024.000
  • Block: 8000
  • Lot: 200.024
  • Municipality: ISLIP
  • Latitude: 40.7931
  • Longitude: -73.2037

    Address

  • Full Address: 45 Wheeler Rd
  • Address - House Number: 45
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C001
  • 4-Digit Zip Code: 2122
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 543,950
  • High Value: 682,616
  • Low Value: 405,284

    Market Valuation

  • Market Total Value: $377,747
  • Market Land Value: $123,626
  • Market Improvement Value: $254,121

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,500
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $18,500

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 08, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: 27
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:

$579,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

87

Average Home Size

1652 ft²

Average Home Age

57.7 years

Currently For Sale

39 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 257 Southlawn Avenue, Central Islip, NY, 11722

$5,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
257 Southlawn Avenue, Central Islip, NY, 11722 Listing by Nicole N. Kurt
Unit for rent at 300 Carleton Avenue, Central Islip, NY, 11722

$3,795 /mo

  • 2 Beds
  • 2 Baths
  • 1,163 ft²
300 Carleton Avenue #5207, Central Islip, NY, 11722 Listing by Rita B. Bender
Unit for rent at 433 Lincoln Boulevard, Hauppauge, NY, 11788

$2,650 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
433 Lincoln Boulevard #12L, Hauppauge, NY, 11788 Listing by Michelle Holmes

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 Wheeler Road built and last sold?
The property at 45 Wheeler Road was built in 1890 and last sold on Feb 18, 2020 for $395,000.
How much is this home worth?
The estimated value of the home located at 45 Wheeler Road is $398,849.
What are some comparable homes to 45 Wheeler Road?
There are currently no comparable homes to 45 Wheeler Road.
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