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Islip 11751 Islip
8 Maddox Ave Avenue
$612,000
● House - Off Market

8 Maddox Ave Avenue

Islip, NY 11751
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$4,052
Est. Monthly
8.19%
Cap Rate

About This Property

Great House, Great Value in this 2150 sqft  Wide-Line Hi Ranch on Quiet Cut-de-Sec. Upper Level Offers Formal Living, Formal Dining, Eat In Kitchen, 3BR and Bath.Lower Level has Large BR, Family Room, Home Office W/Wet Bar and Full Bath. Hardwood Floors, Updated Heating System,200 AMP Electric, 1 Car Garage. Private End of Block Home, Manicured Lawn With In Ground Pool. Great Home for the Extended Family. Close to All Town & State Parks, Marinas, Bay & Ocean Beaches, Downtown Islip & Bay Shore & the LIRR. This one Checks a lot of the Boxes. Come see for Yourself!, Additional information: Appearance:excellent,Interior Features:Guest Quarters
Unit Size
2,100 Ft²
Days on Market
65 days
Land Size
0.23 acres
Price per sqft
$286
Property Type
House
Property Taxes
$1,105
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: 4 months ago (OneKey MLS #KEYL3581725)

Price History

Date / Event Date Event Price
Dec 2, 2024 Sold
Premium
Sold
Sep 27, 2024 Listed by Howard Hanna Coach $599,990
Listed by Howard Hanna Coach
Jul 2, 1999 Sold
Premium
Sold

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: 10,019
  • Lot Size Frontage Feet: 1,070
  • 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: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2214670Y186130 T044H00000000WL

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147401

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.34
  • Parcel: 0500-343.00-02.00-094.000
  • Block: 3000
  • Lot: 200.094
  • Municipality: ISLIP
  • Latitude: 40.7339
  • Longitude: -73.225

    Address

  • Full Address: 8 Maddox Ave
  • Address - House Number: 8
  • Address - Street Name: Maddox
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip
  • Carrier Code: C002
  • 4-Digit Zip Code: 2310
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 593,193
  • High Value: 720,606
  • Low Value: 465,781

    Market Valuation

  • Market Total Value: $543,956
  • Market Land Value: $107,143
  • Market Improvement Value: $436,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,600
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $31,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 1999
  • Current Sale Recording Date: Jul 02, 1999
  • Current Sale Price:
    Premium
  • Current 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 Islip

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$408

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1538 ft²

Average Home Age

69 years

Currently For Sale

34 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 53 Mowbray Avenue, Bay Shore, NY, 11706

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Maddox Avenue built and last sold?
The property at 8 Maddox Avenue was built in and last sold on Jun 24, 1999 for $220,000.
How much is this home worth?
The estimated value of the home located at 8 Maddox Avenue is $0.
What are some comparable homes to 8 Maddox Avenue?
There are currently no comparable homes to 8 Maddox Avenue.
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