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Fire Island 11706 Fire Island
70 Pine Street
$716,000
● House - Off Market

70 Pine Street

Kismet, NY 11702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$869,190
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Life's a Beach! Come enjoy all Kismet has to offer at this quaint beach home steps from the ocean! Newly Renovated, w/ 4 Bedrooms and 1.5 Baths, EIK, LR, and Dining Area. Have your morning coffee on the front deck, or enjoy cocktail hour on the quiet back deck space which room for everyone! Energy efficient ac/heat split units throughout the home so you can enjoy Fire Island in the chillier shoulder seasons.
Unit Size
-
Days on Market
166 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1967

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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: 3 years ago (OneKey MLS #ONE3254765)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Mar 8, 2021 Sold
Premium
Sold
Nov 21, 2020 In contract -
In contract
Sep 23, 2020 Listed by Eric G Ramsay Jr Assoc LLC $699,000
Listed by Eric G Ramsay Jr Assoc LLC
Mar 30, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 3,049
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,270
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2221052Y150062 N H00000000

Neighborhood

  • School District Name: Fire Island Union Free School District
  • School Tax School District: FIRE ISLAND
  • Census Tract: 146004

Zoning

  • Zoning: BAA

Geography

  • District: 0500-4
  • Section: 50.49
  • Parcel: 0500-491.00-02.00-068.000
  • Block: 1000
  • Lot: 200.068
  • Municipality: ISLIP
  • Latitude: 40.6347
  • Longitude: -73.2032

    Address

  • Full Address: 70 Pine St
  • Address - House Number: 70
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: NY
  • City Name: Bay Shore
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472814

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 864,642
  • High Value: 1,074,516
  • Low Value: 654,768

    Market Valuation

  • Market Total Value: $707,417
  • Market Land Value: $307,692
  • Market Improvement Value: $399,725

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,500
  • Assessed Land Value: $22,400
  • Assessed Improvements Value: $29,100

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 30, 2000
  • Previous Sale Contract Date: Mar 20, 2000
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 12
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 Fire Island

Stats & Trends

Median Asking:

$1,599,500

Sale Price/ft²

$1,136

Above Asking

16.10%

Average Days on Market

89

Average Home Size

1615 ft²

Average Home Age

57 years

Currently For Sale

74 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 70 Pine Street built and last sold?
The property at 70 Pine Street was built in 1967 and last sold on Feb 25, 2021 for $716,000.
How much is this home worth?
The estimated value of the home located at 70 Pine Street is $0.
What are some comparable homes to 70 Pine Street?
There are currently no comparable homes to 70 Pine Street.
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