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East Islip 11730 East Islip
70 Overlook Drive Drive
$540,000
● House - Off Market

70 Overlook Drive Drive

Islip, NY 11730
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$809,161
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Beautifully Outfitted And Updated Expanded Ranch - Move Right In! Gorgeous Kitchen, Hardwood Flooring, Radiant Heat In Sunroom & Basement,Multi-Jet Shower, New In 2016 Pool And Patios, Fully Fenced Yard With Barbecue Patio And Paver Pool Surround. Lovely Finished Basement For Media Or Family Room, All Co's In Place., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$992
HOA Dues
-
Year Built
1957

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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 #KEYL3043819)

Price History

Date / Event Date Event Price
Oct 15, 2018 Sold
Premium
Sold
Jun 28, 2018 Listed by Daniel Gale Sothebys Intl $534,900
Listed by Daniel Gale Sothebys Intl

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 1
  • Garage Square Area: 220
  • 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: 1,765
  • Building Area: 1,353
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,353
  • 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: X2229823Y185502 T062H00000000

Neighborhood

  • School District Name: East Islip Union Free School District
  • School Tax School District: EAST ISLIP
  • Census Tract: 147502

Zoning

  • Zoning: A

Geography

  • District: 0500-3
  • Section: 50.37
  • Parcel: 0500-374.00-03.00-094.000
  • Block: 4000
  • Lot: 300.094
  • Municipality: ISLIP
  • Latitude: 40.7318
  • Longitude: -73.1703

    Address

  • Full Address: 70 Overlook Dr
  • Address - House Number: 70
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: East Islip
  • Carrier Code: C006
  • 4-Digit Zip Code: 2818
  • Zip Code: 11730

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 710,412
  • High Value: 876,896
  • Low Value: 543,928

    Market Valuation

  • Market Total Value: $568,682
  • Market Land Value: $148,352
  • Market Improvement Value: $420,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,400
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $30,600

    Sales

  • Current Sale Contract Date: Sep 24, 2018
  • Current Sale Recording Date: Oct 15, 2018
  • 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 East Islip

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2252 ft²

Average Home Age

44.8 years

Currently For Sale

24 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 66-68 Hawthorne, East Islip, NY, 11730

$3,875 /mo

  • 3 Beds
  • 1 Bath
  • 1,128 ft²
66-68 Hawthorne, East Islip, NY, 11730 Listing by Doris M. Kennedy

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 70 Overlook Drive built and last sold?
The property at 70 Overlook Drive was built in 1957 and last sold on Sep 24, 2018 for $540,000.
How much is this home worth?
The estimated value of the home located at 70 Overlook Drive is $0.
What are some comparable homes to 70 Overlook Drive?
There are currently no comparable homes to 70 Overlook Drive.
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