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West Bay Shore 11706 West Bay Shore
509 Pine Drive
$600,000
● House - Off Market

509 Pine Drive

Islip, NY 11706
bedrooms
6 Beds
bathrooms
3 Baths
$607,459
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

This home is located in the Bay Shore/Brightwaters area, a desirable, quiet neighborhood close to parks, schools, and stores. This home boasts 6 bedrooms and 3 bathrooms. Plenty of rooms for growing family, a home office/exercise room or whatever you have been needing that extra room for. Walk to the park or enjoy some down time in your quaint fenced backyard. If you should become tired of quaint, it is less than a 10 minute ride to the railroad terminal and Bay Shore's wonderful Main St. full of restaurants, boutiques, all just before the Ferry terminal for a quick ride to Fire Island., Additional information: Appearance:Good,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
102 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$967
HOA Dues
-
Year Built
1947

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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: 4 months ago (OneKey MLS #KEYL3362487)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Mar 17, 2022 Sold
Premium
Sold
Dec 16, 2021 In contract -
In contract
Dec 1, 2021 Listed by Migrate Realty LLC $589,900
Listed by Migrate Realty LLC
Jan 31, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 200
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,016
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2201050Y183335 T038H00000000

Neighborhood

  • School District Name: Bay Shore Union Free School District
  • School Tax School District: BAY SHORE
  • Census Tract: 147003

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.36
  • Parcel: 0500-365.00-01.00-036.000
  • Block: 5000
  • Lot: 100.036
  • Municipality: ISLIP
  • Latitude: 40.7266
  • Longitude: -73.2742

    Address

  • Full Address: 509 Pine Dr
  • Address - House Number: 509
  • Address - Street Name: Pine
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bay Shore
  • Carrier Code: C085
  • 4-Digit Zip Code: 6324
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,171,281
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 644,312
  • High Value: 794,156
  • Low Value: 494,468

    Market Valuation

  • Market Total Value: $581,044
  • Market Land Value: $89,286
  • Market Improvement Value: $491,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,300
  • Assessed Land Value: $6,500
  • Assessed Improvements Value: $35,800

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 31, 2005
  • Previous Sale Contract Date: Jan 06, 2005
  • Previous Sale Amount: $240,000
  • 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 West Bay Shore

Stats & Trends

Median Asking:

$729,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

78

Average Home Size

2181 ft²

Average Home Age

48.6 years

Currently For Sale

9 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 327 Brook Avenue, Bay Shore, NY, 11706

$3,025 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
327 Brook Avenue #3272B, Bay Shore, NY, 11706 Listing by Michelle Holmes
Unit for rent at 4 Richland Boulevard, Brightwaters, NY, 11718

$2,000 /mo

  • Studio
  • 1 Bath
  • 379 ft²
4 Richland Boulevard #09, Brightwaters, NY, 11718 Listing by Michelle Holmes
Unit for rent at 55 Pinebrook Place, Bay Shore, NY, 11706

$2,275 /mo

  • 1 Bed
  • 1 Bath
  • 835 ft²
55 Pinebrook Place, Bay Shore, NY, 11706 Listing by Deana Herrick McCreery CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 509 Pine Drive built and last sold?
The property at 509 Pine Drive was built in 1947 and last sold on Mar 17, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 509 Pine Drive is $595,799.
What are some comparable homes to 509 Pine Drive?
There are currently no comparable homes to 509 Pine Drive.
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