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West Islip 11795 West Islip
692 Keith Lane
$640,000
● House - Off Market

692 Keith Lane

Islip, NY 11795
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,722 Ft²
$612,711
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Your search is over!  This 4 bedroom, 2 bathroom cape has been stripped to the bone and completely renovated. Brand New Everything including: Roof, Vinyl siding, Large oversized deck, 200 Amp Service, CAC, Boiler, Anderson Windows, Therma-Tru doors, 2-Panel interior doors, 2 completely renovated bathrooms and Quartz Kitchen white shaker cabinets and Stainless GE appliances. Hardwood floors throughout.  Full unfinished basement with private entrance.  Nothing to do for 30 years - just bring your toothbrush., Additional information: Appearance:Mint,Interior Features:Lr/Dr
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$346
Property Type
House
Property Taxes
$952
HOA Dues
-
Year Built
1951

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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: 5 months ago (OneKey MLS #KEYL3369603)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Mar 23, 2022 Sold
Premium
Sold
Feb 2, 2022 In contract -
In contract
Jan 14, 2022 Listed by Jones Hollow Realty Group Inc $595,000
Listed by Jones Hollow Realty Group Inc
Sep 14, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • 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: 1
  • Garage Square Area: 242
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,146
  • Building Area: 1,722
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,722
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2195394Y176523 T053H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 146901

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.45
  • Parcel: 0500-456.00-01.00-119.000
  • Block: 6000
  • Lot: 100.119
  • Municipality: ISLIP
  • Latitude: 40.708
  • Longitude: -73.2948

    Address

  • Full Address: 692 Keith Ln
  • Address - House Number: 692
  • Address - Street Name: Keith
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: West Islip
  • Carrier Code: C003
  • 4-Digit Zip Code: 3401
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,134,523
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 364,964
  • High Value: 417,617
  • Low Value: 312,312

    Market Valuation

  • Market Total Value: $521,978
  • Market Land Value: $101,648
  • Market Improvement Value: $420,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $30,600

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current 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:

$749,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2243 ft²

Average Home Age

61.6 years

Currently For Sale

35 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 11 Wharf Way, Brooklyn, NY, 11795

$7,500 /mo

  • 2 Beds
  • 2 Baths
11 Wharf Way #702, Brooklyn, NY, 11795 Listing by Mohamed Fathelbab
Unit for rent at 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz
Unit for rent at 4 Richland Boulevard, Brightwaters, NY, 11718

$2,000 /mo

  • Studio
  • 1 Bath
  • 379 ft²
4 Richland Boulevard #09, Brightwaters, NY, 11718 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 692 Keith Lane built and last sold?
The property at 692 Keith Lane was built in 1951 and last sold on Mar 23, 2022 for $640,000.
How much is this home worth?
The estimated value of the home located at 692 Keith Lane is $608,217.
What are some comparable homes to 692 Keith Lane?
There are currently no comparable homes to 692 Keith Lane.
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