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North Great River 11752 North Great River
76 Otis Road
$500,000
● House - Off Market

76 Otis Road

Islip Terrace, NY 11752
bedrooms
3 Beds
bathrooms
2 Baths
$566,464
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Spacious Expanded Ranch, Huge Master Bedroom w Huge Full Bath (walk in Shower) Sunken Den w Fireplace. New Eat in Kitchen w- Quarts Countertops, New Full Bath, 200 amp Electric, Central Air, Hardwood Floors, Ceiling Fans in all Rooms, new Carpet in Den. Paver Driveway-walks & Stoop. LOW LOW Taxes!! $9,954.78
Unit Size
-
Days on Market
77 days
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$830
HOA Dues
-
Year Built
1962

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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 #ONE3327834)

Price History

Date / Event Date Event Price
Jan 6, 2022 Sold
Premium
Sold
Sep 22, 2021 Sold
Premium
Sold
Jul 28, 2021 In contract -
In contract
Jul 7, 2021 Listed by Howard Hanna Coach $499,000
Listed by Howard Hanna Coach

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 264
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,827
  • Building Area: 1,323
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,323
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2229407Y196028 T026H00000000

Neighborhood

  • School District Name: East Islip Union Free School District
  • School Tax School District: EAST ISLIP
  • Census Tract: 146402

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.23
  • Parcel: 0500-231.00-02.00-056.000
  • Block: 1000
  • Lot: 200.056
  • Municipality: ISLIP
  • Latitude: 40.7607
  • Longitude: -73.1714

    Address

  • Full Address: 76 Otis Rd
  • Address - House Number: 76
  • Address - Street Name: Otis
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Islip Terrace
  • Carrier Code: C015
  • 4-Digit Zip Code: 1908
  • Zip Code: 11752

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,011,012
  • Tax Rate Code Area: 472803

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 583,073
  • High Value: 724,020
  • Low Value: 442,125

    Market Valuation

  • Market Total Value: $468,406
  • Market Land Value: $98,901
  • Market Improvement Value: $369,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,100
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $26,900

    Sales

  • Current Sale Contract Date: Sep 18, 2021
  • Current Sale Recording Date: Jan 06, 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 North Great River

Stats & Trends

Median Asking:

$642,000

Sale Price/ft²

$396

Above Asking

0.00%

Average Days on Market

93

Average Home Size

1655 ft²

Average Home Age

65.5 years

Currently For Sale

2 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 300 Carleton Avenue, Central Islip, NY, 11722

$3,795 /mo

  • 2 Beds
  • 2 Baths
  • 1,163 ft²
300 Carleton Avenue #5207, Central Islip, NY, 11722 Listing by Rita B. Bender

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 76 Otis Road built and last sold?
The property at 76 Otis Road was built in 1962 and last sold on Sep 18, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 76 Otis Road is $503,990.
What are some comparable homes to 76 Otis Road?
There are currently no comparable homes to 76 Otis Road.
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