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West Islip 11795 West Islip
586 Pat Drive
$625,000
● House - Off Market

586 Pat Drive

Islip, NY 11795
bedrooms
4 Beds
bathrooms
2 Baths
$4,243
Est. Monthly
8.22%
Cap Rate

About This Property

Split-Level Style home located in award winning West Islip School District. This home features four bedrooms, two bathrooms, a spacious living room and dining room, solar panels (leased), new roof and siding done in 2023, updated electrical panel, and is situated on a quarter-acre lot. Located in close proximity to Bay Shore and Babylon Main Street, and just two miles from Babylon Train Station. Enjoy all West Islip has to offer and easy access to Robert Moses Beaches! Taxes of $12,667.81., Additional information: Separate Hotwater Heater:Y
Unit Size
-
Days on Market
189 days
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,056
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 #KEYL3582684)

Price History

Date / Event Date Event Price
Apr 9, 2025 Sold
Premium
Sold
Oct 2, 2024 Listed by Eric G Ramsay Jr Assoc LLC $649,000
Listed by Eric G Ramsay Jr Assoc LLC
Jan 22, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

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: 10,890
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • 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: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2196884Y174065 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: 0500-468.00-04.00-070.000
  • Block: 8000
  • Lot: 400.070
  • Municipality: ISLIP
  • Latitude: 40.7012
  • Longitude: -73.2896

    Address

  • Full Address: 586 Pat Dr
  • Address - House Number: 586
  • Address - Street Name: Pat
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: West Islip
  • Carrier Code: C004
  • 4-Digit Zip Code: 3512
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 619,963
  • High Value: 765,951
  • Low Value: 473,975

    Market Valuation

  • Market Total Value: $570,742
  • Market Land Value: $116,758
  • Market Improvement Value: $453,984

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,550
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $33,050

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2010
  • Current Sale Recording Date: Jan 22, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 08, 1997
  • Previous Sale Contract Date: Dec 31, 1996
  • 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 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 586 Pat Drive built and last sold?
The property at 586 Pat Drive was built in and last sold on Jan 5, 2010 for $298,000.
How much is this home worth?
The estimated value of the home located at 586 Pat Drive is $0.
What are some comparable homes to 586 Pat Drive?
There are currently no comparable homes to 586 Pat Drive.
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