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West Islip 11795 West Islip
549 Peter Paul Drive
$450,000
● House - Off Market

549 Peter Paul Drive

Islip, NY 11795
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$751,777
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

This Is A 3 Bedroom Ranch With An Additional 1 Bedroom Guest Suite With Full Bath, Living Rm And Separate Outside Entrance To Pool. There Is A Large Florida Room Overlooking In-Ground Pool With Large Masonry Patio. This Property Has Quick Access To Parkways, Beaches And Good Samaritan Hospital. Can Be Available For Immediat Occupancy!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$245
Property Type
House
Property Taxes
$955
HOA Dues
-
Year Built
1954

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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 #KEYL2992200)

Price History

Date / Event Date Event Price
May 24, 2018 Sold
Premium
Sold
Dec 19, 2017 Listed by Pace Real Estate Svcs LLC $489,900
Listed by Pace Real Estate Svcs LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 10,890
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,030
  • Building Area: 1,821
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,821
  • 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: X2196684Y173403 T053H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 146901

Zoning

  • Zoning: A

Geography

  • District: 0500-4
  • Section: 50.46
  • Parcel: 0500-468.00-04.00-060.000
  • Block: 8000
  • Lot: 400.060
  • Municipality: ISLIP
  • Latitude: 40.6994
  • Longitude: -73.2902

    Address

  • Full Address: 549 Peter Paul Dr
  • Address - House Number: 549
  • Address - Street Name: Peter Paul
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: West Islip
  • Carrier Code: C004
  • 4-Digit Zip Code: 3513
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,243,158
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 664,808
  • High Value: 815,189
  • Low Value: 514,427

    Market Valuation

  • Market Total Value: $578,296
  • Market Land Value: $116,758
  • Market Improvement Value: $461,538

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,100
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $33,600

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Price:
    Premium
  • Current 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 Islip

Stats & Trends

Median Asking:

$749,950

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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 549 Peter Paul Drive built and last sold?
The property at 549 Peter Paul Drive was built in 1954 and last sold on Apr 25, 2018 for $450,000.
How much is this home worth?
The estimated value of the home located at 549 Peter Paul Drive is $510,891.
What are some comparable homes to 549 Peter Paul Drive?
There are currently no comparable homes to 549 Peter Paul Drive.
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