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Brightwaters 11718 Brightwaters
562 Potter Boulevard
$380,000
● House - Off Market

562 Potter Boulevard

Islip, NY 11718
bedrooms
6 Beds
bathrooms
3 Baths
$863,190
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

***Mint Condition Expanded Cape  ***Brightwaters Village***  ****Owner Wants To Deal*****  ****Docking & Beach Rights****, Additional information: Appearance:Mint,ExterioFeatures:Tennis,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,224
HOA Dues
-
Year Built
-

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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 #KEYL2503109)

Price History

Date / Event Date Event Price
Nov 13, 2012 Sold
Premium
Sold
Oct 1, 2012 Sold
Premium
Sold
Jun 12, 2012 Listed by Sunset 3 Realty $399,990
Listed by Sunset 3 Realty
Nov 20, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 14,810
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2202065Y184624 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: 0501-001.00-01.00-048.000
  • Block: 1000
  • Lot: 100.048
  • Municipality: ISLIP
  • Latitude: 40.7301
  • Longitude: -73.2705

    Address

  • Full Address: 562 Potter Blvd
  • Address - House Number: 562
  • Address - Street Name: Potter
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Brightwaters
  • Carrier Code: C003
  • 4-Digit Zip Code: 1616
  • Zip Code: 11718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,672,592
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 830,321
  • High Value: 1,023,529
  • Low Value: 637,112

    Market Valuation

  • Market Total Value: $645,161
  • Market Land Value: $130,184
  • Market Improvement Value: $514,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,000
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $44,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2012
  • Current Sale Recording Date: Nov 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Nov 20, 2003
  • Previous Sale Contract Date: Oct 10, 2003
  • Previous Sale Amount: $425,000
  • 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:

$847,500

Sale Price/ft²

$432

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2991 ft²

Average Home Age

81.4 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 562 Potter Boulevard built and last sold?
The property at 562 Potter Boulevard was built in and last sold on Sep 27, 2012 for $380,000.
How much is this home worth?
The estimated value of the home located at 562 Potter Boulevard is $0.
What are some comparable homes to 562 Potter Boulevard?
There are currently no comparable homes to 562 Potter Boulevard.
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