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West Bay Shore 11706 West Bay Shore
513 Pine Drive
$415,000
● House - Off Market

513 Pine Drive

Islip, NY 11706
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,913 Ft²
$546,912
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Updated 1933 Vintage 1913 Sq. Ft. Exp. Ranch with Amazing Open Floor Plan Featuring Cathedral Ceilings, New Electric, New Hot Water Heater, New S.S. App.Pellet Stove And Gas In the House  Living Room, Formal Dining Room, EIK with Breakfast Nook, Master Bd. with Full Bath, Upstairs includes Loft area, Full Bath and 2nd Bedroom.  Basement Is Partially Finished With Brand New Washer and Dryer.  Awesome Space For Entertaining!! Enjoy the nice secluded Backyard!! Close to All!, Additional information: Appearance:Diamond+++
Unit Size
1,913 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$214
Property Type
House
Property Taxes
$914
HOA Dues
-
Year Built
1935

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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 #KEYL3237591)

Price History

Date / Event Date Event Price
Oct 19, 2020 Sold
Premium
Sold
Aug 7, 2020 In contract -
In contract
Jul 29, 2020 Listed by Exit Realty All Pro $409,000
Listed by Exit Realty All Pro
May 31, 2019 Sold
Premium
Sold
Sep 18, 2018 Listed by Exit Realty All Pro $339,000
Listed by Exit Realty All Pro

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • 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: 1
  • Garage Square Area: 220
  • 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: 2,133
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,913
  • 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: X2201021Y183474 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: 0500-365.00-01.00-034.000
  • Block: 5000
  • Lot: 100.034
  • Municipality: ISLIP
  • Latitude: 40.727
  • Longitude: -73.2743

    Address

  • Full Address: 513 Pine Dr
  • Address - House Number: 513
  • 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: $1,252,268
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 597,168
  • High Value: 747,852
  • Low Value: 446,485

    Market Valuation

  • Market Total Value: $548,077
  • Market Land Value: $89,286
  • Market Improvement Value: $458,791

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,900
  • Assessed Land Value: $6,500
  • Assessed Improvements Value: $33,400

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 03, 2019
  • Previous Sale Amount: $339,000
  • 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

77

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 513 Pine Drive built and last sold?
The property at 513 Pine Drive was built in 1935 and last sold on Oct 19, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 513 Pine Drive is $431,030.
What are some comparable homes to 513 Pine Drive?
There are currently no comparable homes to 513 Pine Drive.
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