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Islip Terrace 11752 Islip Terrace
7 Rocket Drive
Photo of 7 Rocket Drive
Sold on Feb 3, 2023

29

Map

Photo of 7 Rocket Drive
Photo of 7 Rocket Drive
$580,000
● House - Off Market

7 Rocket Drive

Islip, NY 11752
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,040 Ft²
$600,798
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Bright & Spacious Hi Ranch With A 12' x 22' 2-Story Extension Adding To The Main Floor A Skylit Eat In Kitchen w/18' of Cabinets PLUS A Banquet Size Skylit 25' Formal Dining Rm PLUS An Oversized Den/Playroom on The Ground Level. Freshly Painted Interior. New Hi Hats Up & Down. New 3 Yr Old Roof (One Layer). Hardwood Floors Throughout Main Floor. Oversized Full Bath With Jacuzzi Tub Plus Separate Stall Shower On Ground Floor. Endless Possibilities Offering A Flexible Floor Plan To Someday Make It Your Own As A Possible Mother/Daughter Or Legal Accessory Apt. Separate Laundry Rm w/ Gas Dryer. So Much Storage w/ Full Attic, Custom Shed w/Loft & 2 Car Garage w/New Electric Garage Door Opener. 12 x 20 Upper Deck With Stairs Overlooking Fully Fenced Yard w/ 5 Zone In Ground Sprinklers & Outdoor Shower. This is Not Your Ordinary Hi Ranch. 2022/2023 Taxes Shown., Additional information: Appearance:Excellent+,Interior Features:Lr/Dr,Separate Hotwater Heater:Gas
Unit Size
2,040 Ft²
Days on Market
49 days
Land Size
0.25 acres
Price per sqft
$282
Property Type
House
Property Taxes
$1,103
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: 2 years ago (OneKey MLS #KEYL3448144)

Price History

Date / Event Date Event Price
May 2, 2023 Sold
Premium
Sold
Feb 3, 2023 Sold
Premium
Sold
Dec 27, 2022 In contract -
In contract
Dec 14, 2022 Listed by Keller Williams Realty Elite $575,000
Listed by Keller Williams Realty Elite
Dec 29, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage

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: 1,380
  • Lot Size Frontage Feet: 810
  • 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: X2227486Y191509 T026H00000000

Neighborhood

  • School District Name: East Islip Union Free School District
  • School Tax School District: EAST ISLIP
  • Census Tract: 146500

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.29
  • Parcel: 0500-297.00-02.00-004.000
  • Block: 7000
  • Lot: 200.004
  • Municipality: ISLIP
  • Latitude: 40.7484
  • Longitude: -73.1785

    Address

  • Full Address: 7 Rocket Dr
  • Address - House Number: 7
  • Address - Street Name: Rocket
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Islip Terrace
  • Carrier Code: C005
  • 4-Digit Zip Code: 2911
  • Zip Code: 11752

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472803

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 564,110
  • High Value: 645,492
  • Low Value: 482,727

    Market Valuation

  • Market Total Value: $621,566
  • Market Land Value: $96,154
  • Market Improvement Value: $525,412

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,250
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $38,250

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: May 02, 2023
  • 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 Islip Terrace

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$379

Below Asking

0.01%

Average Days on Market

99

Average Home Size

1687 ft²

Average Home Age

69.3 years

Currently For Sale

6 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 7 Suffolk Lane, East Islip, NY, 11730

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,731 ft²
7 Suffolk Lane, East Islip, NY, 11730 Listing by Sean Darbyshire RENE

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Rocket Drive built and last sold?
The property at 7 Rocket Drive was built in and last sold on Feb 3, 2023 for $680,000.
How much is this home worth?
The estimated value of the home located at 7 Rocket Drive is $0.
What are some comparable homes to 7 Rocket Drive?
There are currently no comparable homes to 7 Rocket Drive.
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