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Central Islip 11722 Central Islip
638 Wilson Boulevard
$550,000
● House - Off Market

638 Wilson Boulevard

Islip, NY 11722
bedrooms
5 Beds
bathrooms
2 Baths
$556,376
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Fully renovated high ranch 5 bedroom 2 full bat, with hardwood floors, and stainless steal appliances. This house has a huge corner lot, and has a 2 car garage. House offers rental income potential with proper permits.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$737
HOA Dues
-
Year Built
1965

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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 #KEYL3378100)

Price History

Date / Event Date Event Price
Jul 27, 2022 Sold
Premium
Sold
Jun 10, 2022 Sold
Premium
Sold
Mar 22, 2022 In contract -
In contract
Feb 23, 2022 Listed by Island Advantage Realty LLC $550,000
Listed by Island Advantage Realty LLC
Oct 12, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 21,780
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,029
  • Building Area: 1,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,029
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP COLUMBUS PARK #3
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2220024Y197887 T023H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 146202

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.20
  • Parcel: 0500-206.00-02.00-014.000
  • Block: 6000
  • Lot: 200.014
  • Municipality: ISLIP
  • Latitude: 40.7661
  • Longitude: -73.2053

    Address

  • Full Address: 638 Wilson Blvd
  • Address - House Number: 638
  • Address - Street Name: Wilson
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C005
  • 4-Digit Zip Code: 4345
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,068,494
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 538,501
  • High Value: 616,190
  • Low Value: 460,813

    Market Valuation

  • Market Total Value: $476,649
  • Market Land Value: $152,473
  • Market Improvement Value: $324,176

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,700
  • Assessed Land Value: $11,100
  • Assessed Improvements Value: $23,600

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 12, 2021
  • Previous Sale Contract Date: Aug 26, 2021
  • Previous Sale Amount: $355,000
  • 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 Central Islip

Stats & Trends

Median Asking:

$577,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

87

Average Home Size

1718 ft²

Average Home Age

59.1 years

Currently For Sale

45 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 300 Carleton Avenue, Central Islip, NY, 11722

$3,695 /mo

  • 2 Beds
  • 2 Baths
  • 1,108 ft²
300 Carleton Avenue #7213, Central Islip, NY, 11722 Listing by Rita B. Bender
Unit for rent at 4 E Walnut Street, Central Islip, NY, 11722

$2,150 /mo

  • 1 Bed
  • 1 Bath
  • 2,130 ft²
4 E Walnut Street #FLOOR1, Central Islip, NY, 11722 Listing by Ryan Joshua Hodulick
Unit for rent at 221 Eastview Drive, Central Islip, NY, 11722

$3,290 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
221 Eastview Drive #17, Central Islip, NY, 11722 Listing by Elizabeth R. Delesia

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 638 Wilson Boulevard built and last sold?
The property at 638 Wilson Boulevard was built in 1965 and last sold on May 31, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 638 Wilson Boulevard is $555,500.
What are some comparable homes to 638 Wilson Boulevard?
There are currently no comparable homes to 638 Wilson Boulevard.
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