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Brightwaters 11718 Brightwaters
563 Potter Boulevard
$560,000
● House - Off Market

563 Potter Boulevard

Islip, NY 11718
bedrooms
4 Beds
bathrooms
2 Baths
$566,766
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Quaint Brightwaters Home is the Perfect Combination of Charm and Renovation. Living Room with Cozy Fireplace.  Completely Renovated Kitchen made for Gathering, Sunporch with Built-Ins and French Doors to Backyard. This room  can be utilized as a Dining Room/Home Office/Den, Adorable Mudroom, Full Finished Basement with Tons of Storage. Attached 1 Car Garage. Private 100 x 150 Backyard. Brightwaters Amenities include Town Docking, Private Beach, Summer Camp and More.  Gem!, Additional information: Appearance:Mint,Interior Features:Guest Quarters,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
112 days
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,198
HOA Dues
-
Year Built
-

Payment Calculator

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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 #KEYL3447220)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Mar 30, 2023 Sold
Premium
Sold
Dec 30, 2022 In contract -
In contract
Dec 8, 2022 Listed by Daniel Gale Sothebys Intl Rlty $550,000
Listed by Daniel Gale Sothebys Intl Rlty
May 22, 1997 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: X2201868Y184596 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: 0501-001.00-01.00-041.000
  • Block: 1000
  • Lot: 100.041
  • Municipality: ISLIP
  • Latitude: 40.73
  • Longitude: -73.2711

    Address

  • Full Address: 563 Potter Blvd
  • Address - House Number: 563
  • Address - Street Name: Potter
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Brightwaters
  • Carrier Code: C003
  • 4-Digit Zip Code: 1615
  • Zip Code: 11718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,335,645
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 540,908
  • High Value: 618,943
  • Low Value: 462,872

    Market Valuation

  • Market Total Value: $517,281
  • Market Land Value: $130,184
  • Market Improvement Value: $387,097

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,900
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $33,600

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 22, 1997
  • Previous Sale Contract Date: May 09, 1997
  • Previous Sale Amount: $138,000
  • 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 Brightwaters

Stats & Trends

Median Asking:

$845,000

Sale Price/ft²

$423

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3015 ft²

Average Home Age

80.8 years

Currently For Sale

8 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 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
Unit for rent at 92 South Clinton Avenue, Bay Shore, NY, 11706

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
92 South Clinton Avenue #3F, Bay Shore, NY, 11706 Listing by Michelle Holmes

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 563 Potter Boulevard built and last sold?
The property at 563 Potter Boulevard was built in and last sold on Mar 27, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 563 Potter Boulevard is $555,500.
What are some comparable homes to 563 Potter Boulevard?
There are currently no comparable homes to 563 Potter Boulevard.
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