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Brightwaters 11718 Brightwaters
508 Lombardy Boulevard
$385,000
● House - Off Market

508 Lombardy Boulevard

Islip, NY 11718
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,398 Ft²
$674,510
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

One Of 'Original Brightwaters Colonial' Home.  Brings Character Of 'Old Brightwaters Charm' To The Residence,  Newly Built 1.5 Car Detached Garage,  Hardwood Floors Thruout, Crown & Base Molding Trim, Private Office & Sun Porch W/Frplc And A Meticulously Maintained Backyard.  New Roof.  A Beautiful, Charming, 3 Bedroom, Classic Brightwater's Home With Excellent Character!, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
1,398 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$286
Property Type
House
Property Taxes
$901
HOA Dues
-
Year Built
1925

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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 #KEYL2857532)

Price History

Date / Event Date Event Price
Nov 28, 2016 Sold
Premium
Sold
Jun 2, 2016 Listed by Realty Connect USA LLC $399,990
Listed by Realty Connect USA LLC
Jun 2, 2003 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 700
  • Garage Type: 4
  • Garage Square Area: 330
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,428
  • Building Area: 2,070
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,070
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMENDED MAP SECTION D BRIGHTWATERS
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2204343Y183616 N H00000000

Neighborhood

  • School District Name: Bay Shore Union Free School District
  • School Tax School District: BAY SHORE
  • Census Tract: 147100

Zoning

  • Zoning: NULL

Geography

  • District: 0501-0
  • Section: 50.100
  • Parcel: 0501-004.00-01.00-030.000
  • Block: 4000
  • Lot: 100.030
  • Municipality: ISLIP
  • Latitude: 40.7273
  • Longitude: -73.2624

    Address

  • Full Address: 508 Lombardy Blvd
  • Address - House Number: 508
  • Address - Street Name: Lombardy
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Brightwaters
  • Carrier Code: C001
  • 4-Digit Zip Code: 1010
  • Zip Code: 11718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $158,016
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 668,396
  • High Value: 819,917
  • Low Value: 516,874

    Market Valuation

  • Market Total Value: $437,788
  • Market Land Value: $92,166
  • Market Improvement Value: $345,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $30,000

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Nov 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jun 02, 2003
  • Previous Sale Contract Date: May 16, 2003
  • Previous Sale Amount: $271,000
  • 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 Brightwaters

Stats & Trends

Median Asking:

$895,500

Sale Price/ft²

$423

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2359 ft²

Average Home Age

66.7 years

Currently For Sale

7 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 53 Mowbray Avenue, Bay Shore, NY, 11706

$5,999 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano
Unit for rent at 407 East Main Street, Bay Shore, NY, 11706

$2,470 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
407 East Main Street #4077B, Bay Shore, NY, 11706 Listing by Michelle Holmes
Unit for rent at 403 East Main Street, Bay Shore, NY, 11706

$2,470 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
403 East Main Street #4031A, Bay Shore, NY, 11706 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 508 Lombardy Boulevard built and last sold?
The property at 508 Lombardy Boulevard was built in 1925 and last sold on Oct 31, 2016 for $385,000.
How much is this home worth?
The estimated value of the home located at 508 Lombardy Boulevard is $414,857.
What are some comparable homes to 508 Lombardy Boulevard?
There are currently no comparable homes to 508 Lombardy Boulevard.
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