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Ronkonkoma 11779 Ronkonkoma
48 The Vale
$367,000
● House - Off Market

48 The Vale

Brookhaven, NY 11779
bedrooms
2 Beds
bathrooms
1 Bath
square feet
808 Ft²
$2,543
Est. Monthly

About This Property

Short Walk to Lake Ronkonkoma. This Spacious 2 Bedroom Ranch with LR and DR was Fully Renovated in 2014 with Siding, Windows, Baseboards, and Electric (200-amp service). Kitchen was renovated in 2021. New Roof, Propane Stove and Dryer. Boiler and Outside Oil tank were replaced within the last 5 years. Oak Hardwood floors thru-out, including under existing rugs. Connetquot SD!!!!, Additional information: Appearance:Excellent,Separate Hotwater Heater:N
Unit Size
808 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$476
Property Type
House
Property Taxes
$652
HOA Dues
-
Year Built
1945

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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 #KEYL3478735)

Price History

Date / Event Date Event Price
Jun 28, 2024 Sold
Premium
Sold
Feb 9, 2024 In contract -
In contract
Feb 2, 2024 Relisted $385,000
Relisted
Feb 1, 2024 No longer available -
No longer available
Jan 23, 2024 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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: 6,534
  • Lot Size Frontage Feet: 750
  • Total Building Area: 808
  • Building Area: 808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 808
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2243497Y217483 T003H00000000

Neighborhood

  • School District Name: Connetquot Central School District
  • School Tax School District: CONNETQUOT
  • Census Tract: 145809

Zoning

  • Zoning: B

Geography

  • District: 0500-0
  • Section: 50.03
  • Parcel: 0500-033.00-01.00-039.000
  • Block: 3000
  • Lot: 100.039
  • Municipality: ISLIP
  • Latitude: 40.8192
  • Longitude: -73.1199

    Address

  • Full Address: 48 The Vale
  • Address - House Number: 48
  • Address - Street Name: The Vale
  • State: NY
  • City Name: Ronkonkoma
  • Carrier Code: C007
  • 4-Digit Zip Code: 3138
  • Zip Code: 11779

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $764,006
  • Tax Rate Code Area: 472807

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 369,301
  • High Value: 422,580
  • Low Value: 316,023

    Market Valuation

  • Market Total Value: $355,083
  • Market Land Value: $151,099
  • Market Improvement Value: $203,984

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,850
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $14,850

    Sales

  • Current Sale Contract Date: Dec 29, 2017
  • Current Sale Recording Date: Jan 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0018-0014226
  • Previous Sale Recording Date: Mar 05, 2014
  • Previous Sale Contract Date: Feb 18, 2014
  • Previous Sale Amount: $137,700
  • Previous Sale Document Type: 12
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 Ronkonkoma

Stats & Trends

Median Asking:

$629,990

Sale Price/ft²

$421

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1356 ft²

Average Home Age

66.7 years

Currently For Sale

26 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 57 Penn Street, Lake Grove, NY, 11755

$3,450 /mo

  • 2 Beds
  • 1 Bath
  • 768 ft²
57 Penn Street, Lake Grove, NY, 11755 Listing by Ardith M. Evans
Unit for rent at 158 Mohawk Street, Ronkonkoma, NY, 11779

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 820 ft²
158 Mohawk Street, Ronkonkoma, NY, 11779 Listing by Geris Hernandez
Unit for rent at 91 Richmond Boulevard, Ronkonkoma, NY, 11779

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 658 ft²
91 Richmond Boulevard #3B, Ronkonkoma, NY, 11779 Listing by Margaret A. DiDonato

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 48 The Vale built and last sold?
The property at 48 The Vale was built in 1945 and last sold on Dec 29, 2017 for $190,000.
How much is this home worth?
The estimated value of the home located at 48 The Vale is $388,345.
What are some comparable homes to 48 The Vale?
There are currently no comparable homes to 48 The Vale.
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