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West Islip 11795 West Islip
513 Devon Place
$955,000
● House - Off Market

513 Devon Place

West Islip, NY 11795
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,040,184
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Stunning Waterfront Home in Willets Point Just a Few Homes from the Great South Bay! This Beautiful Split Level Features a Spacious Open Concept with Gorgeous Custom Eat-in-Kitchen with Granite Countertops and Top of the Line Appliances, Formal Dining Room, Formal Living Room with Wood Burning Fireplace, Family Room, 4 Bedrooms and 2.5 Baths.  Master Suite w/ Newly Renovated Bath, All Hardwood Floors and Custom Moldings, Navien 3 Zone Gas Heating System, 1 Car Garage & So Much More.  Resort Like Backyard Featuring 75 Feet of Bulkhead with a Lifetime Poly Dock with Electric and Freshwater, 18x36 In Ground Saltwater Swimming Pool, Paver Patio, Pergola, Outdoor Kitchen and Mature Plantings.  No Detail Left Untouched!  Flood Zone X - No Flood Insurance Required!  An Absolute Must See!
Unit Size
-
Days on Market
71 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,757
HOA Dues
-
Year Built
1957

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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 #ONE3314038)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
Jul 29, 2021 Sold
Premium
Sold
May 19, 2021 Listed by Century 21 Gold Star Realty $899,995
Listed by Century 21 Gold Star Realty
Jul 28, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 528
  • Garage Type: 1
  • Garage Square Area: 273
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,953
  • Building Area: 2,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2194336Y169307 T054H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 146902

Zoning

  • Zoning: A

Geography

  • District: 0500-4
  • Section: 50.47
  • Parcel: 0500-477.00-03.00-054.000
  • Block: 7000
  • Lot: 300.054
  • Municipality: ISLIP
  • Latitude: 40.6882
  • Longitude: -73.2988

    Address

  • Full Address: 513 Devon Pl
  • Address - House Number: 513
  • Address - Street Name: Devon
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: West Islip
  • Carrier Code: C005
  • 4-Digit Zip Code: 4717
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,141,999
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 1,024,693
  • High Value: 1,266,323
  • Low Value: 783,063

    Market Valuation

  • Market Total Value: $1,017,307
  • Market Land Value: $281,593
  • Market Improvement Value: $735,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,060
  • Assessed Land Value: $20,500
  • Assessed Improvements Value: $53,560

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 28, 2003
  • Previous Sale Contract Date: Jun 30, 2003
  • Previous Sale Amount: $600,000
  • 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 West Islip

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2258 ft²

Average Home Age

61.9 years

Currently For Sale

38 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

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 513 Devon Place built and last sold?
The property at 513 Devon Place was built in 1957 and last sold on Jun 29, 2021 for $955,000.
How much is this home worth?
The estimated value of the home located at 513 Devon Place is $0.
What are some comparable homes to 513 Devon Place?
There are currently no comparable homes to 513 Devon Place.
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