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West Islip 11795 West Islip
647 Peter Paul
$530,000
● House - Off Market

647 Peter Paul

Islip, NY 11795
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$570,590
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Pristine split ranch in desirable West Islip. Amazing lot with shed with electric. Plenty of room for a pool and more. This 3BR 1.5 Bth beauty is PRISTINE, and ready to move right in. Don't miss this one. It definitely won't last!, Additional information: Appearance:pristine,Interior Features:Lr/Dr,Separate Hotwater Heater:yes
Unit Size
-
Days on Market
83 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$784
HOA Dues
-
Year Built
1955

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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: 6 months ago (OneKey MLS #KEYL3437055)

Price History

Date / Event Date Event Price
Apr 24, 2023 Sold
Premium
Sold
Jan 9, 2023 Sold
Premium
Sold
Nov 27, 2022 In contract -
In contract
Nov 11, 2022 Relisted $539,000
Relisted
Nov 7, 2022 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 8
  • Basement Area: 408
  • Garage Type: 1
  • Garage Square Area: 231
  • 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: 1,508
  • Building Area: 1,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,277
  • 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: X2196729Y175093 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: 50.45
  • Parcel: 0500-456.00-03.00-069.000
  • Block: 6000
  • Lot: 300.069
  • Municipality: ISLIP
  • Latitude: 40.7041
  • Longitude: -73.2901

    Address

  • Full Address: 647 Peter Paul Dr
  • Address - House Number: 647
  • Address - Street Name: Peter Paul
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: West Islip
  • Carrier Code: C004
  • 4-Digit Zip Code: 3515
  • Zip Code: 11795

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 526,985
  • High Value: 603,012
  • Low Value: 450,958

    Market Valuation

  • Market Total Value: $489,011
  • Market Land Value: $116,758
  • Market Improvement Value: $372,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,600
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $27,100

    Sales

  • Current Sale Contract Date: Jan 09, 2023
  • Current Sale Recording Date: Apr 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 12, 2018
  • Previous Sale Contract Date: Jul 27, 2018
  • Previous Sale Document Type: 55
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:

$749,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2205 ft²

Average Home Age

63.3 years

Currently For Sale

41 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 107 Cooper Street, Babylon, NY, 11702

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
107 Cooper Street, Babylon, NY, 11702 Listing by Jennifer Brule
Unit for rent at 10 Shore Road, Babylon, NY, 11702

$2,780 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
10 Shore Road #3, Babylon, NY, 11702 Listing by Michelle Holmes
Unit for rent at 214 Oak Neck, Islip, NY, 11795

$5,400 /mo

  • 4 Beds
  • 3 Baths
  • 5,663 ft²
214 Oak Neck, Islip, NY, 11795 Listing by Kareen J. Mendoza Faras

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 647 Peter Paul Drive built and last sold?
The property at 647 Peter Paul Drive was built in 1955 and last sold on Jan 9, 2023 for $530,000.
How much is this home worth?
The estimated value of the home located at 647 Peter Paul Drive is $544,390.
What are some comparable homes to 647 Peter Paul Drive?
There are currently no comparable homes to 647 Peter Paul Drive.
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