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Central Islip 11722 Central Islip
47 2nd Place
$450,000
● House - Off Market

47 2nd Place

Central Islip, NY 11722
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$535,247
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

This Totally Renovated 4 Bedroom Colonial On Oversized Property Is Truly Stunning. Features Open Floor Plan W/ State Of The Art Granite Kitchen, Center Island, Custom Lighting, Sliding Doors To Large Deck For Entertainment, Beautiful Location
Unit Size
-
Days on Market
160 days
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$934
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: 3 years ago (OneKey MLS #ONE3271556)

Price History

Date / Event Date Event Price
May 3, 2021 Sold
Premium
Sold
Mar 1, 2021 In contract -
In contract
Jan 26, 2021 Price Decreased $449,999
↓ $9K (2%)
Price Decreased
Dec 22, 2020 Price Increased $459,000
↑ $9K (2%)
Price Increased
Nov 24, 2020 Listed by Coldwell Banker Easton Prop $449,999
Listed by Coldwell Banker Easton Prop
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: 12,197
  • Lot Size Depth Feet: 1,670
  • 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
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2225860Y208955 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: 0500-0
  • Section: 50.08
  • Parcel: 0500-080.00-02.00-084.004
  • Lot: 200.084
  • Municipality: ISLIP
  • Latitude: 40.7963
  • Longitude: -73.1838

    Address

  • Full Address: 47 2nd Pl
  • Address - House Number: 47
  • Address - Street Name: 2nd
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C010
  • 4-Digit Zip Code: 2632
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,151,274
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 578,545
  • High Value: 727,708
  • Low Value: 429,382

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $101,648
  • Market Improvement Value: $398,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,400
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $29,000

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 30, 2020
  • Previous Sale Contract Date: Sep 23, 2020
  • Previous Sale Amount: $197,000
  • 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:

$575,000

Sale Price/ft²

$392

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1675 ft²

Average Home Age

61.7 years

Currently For Sale

46 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 83 Milmay Avenue, Hauppauge, NY, 11788

$4,500 /mo

  • 2 Beds
  • 1 Bath
  • 6,854 ft²
83 Milmay Avenue, Hauppauge, NY, 11788 Listing by Michael Y. Fong
Unit for rent at 316 Feller Drive, Central Islip, NY, 11722

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,172 ft²
316 Feller Drive, Central Islip, NY, 11722 Listing by Lascia Kelly

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 47 2nd Place built and last sold?
The property at 47 2nd Place was built in and last sold on Apr 29, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 47 2nd Place is $454,499.
What are some comparable homes to 47 2nd Place?
There are currently no comparable homes to 47 2nd Place.
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