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West Islip 11795 West Islip
629 Oak Neck Road
$475,000
● House - Off Market

629 Oak Neck Road

West Islip, NY 11795
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$510,839
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Beautifully updated cape Offers an Entry foyer, formal dining room with hardwood floors, first floor bedroom or den & half bath. Updated eat in kitchen with sliding glass doors to your private deck. Second Floor, Two bedrooms and a full bath. Meticulously landscaped with patio and firepit for entertaining. New heating and hot water unit. One car detached garage & new PVC fully fenced property!
Unit Size
-
Days on Market
92 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1917

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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: 3 years ago (OneKey MLS #ONE3321107)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 13, 2021 Sold
Premium
Sold
Jul 9, 2021 In contract -
In contract
Jul 3, 2021 Price Decreased $449,999
↓ $49K (9.8%)
Price Decreased
Jun 22, 2021 Price Increased $499,000
↑ $49K (10.9%)
Price Increased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • 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: 4
  • Garage Square Area: 187
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,457
  • Building Area: 1,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,270
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP PINELAKE AT BABYLON MAP #3
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2197856Y177477 T055H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 147001

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.43
  • Parcel: 0500-438.00-03.00-027.000
  • Block: 8000
  • Lot: 300.027
  • Municipality: ISLIP
  • Latitude: 40.7106
  • Longitude: -73.2859

    Address

  • Full Address: 629 Oak Neck Rd
  • Address - House Number: 629
  • Address - Street Name: Oak Neck
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: West Islip
  • Carrier Code: C027
  • 4-Digit Zip Code: 3632
  • Zip Code: 11795

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 578,153
  • High Value: 719,718
  • Low Value: 436,588

    Market Valuation

  • Market Total Value: $409,340
  • Market Land Value: $86,538
  • Market Improvement Value: $322,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,800
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $23,500

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 14, 2002
  • Previous Sale Contract Date: Jul 29, 2002
  • Previous Sale Amount: $240,000
  • 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 West Islip

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

84

Average Home Size

2251 ft²

Average Home Age

62.8 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 629 Oak Neck Road built and last sold?
The property at 629 Oak Neck Road was built in 1917 and last sold on Sep 13, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 629 Oak Neck Road is $0.
What are some comparable homes to 629 Oak Neck Road?
There are currently no comparable homes to 629 Oak Neck Road.
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