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Islip 11751 Islip
93 Root Avenue
$495,000
● House - Off Market

93 Root Avenue

Islip, NY 11751
bedrooms
4 Beds
bathrooms
2 Baths
$583,190
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

This mint expanded 4 bedroom 2 bath dormered cape with huge detached 2 car garage plus basement too in Islip has it all!  Open first floor living and dining is great for entertaining and the large master bedroom with reading nook, walk in closet and private bath offers loads of space to relax and retreat!  Fully fenced yard and stamped concrete back patio complete this lovely home on a quiet block.  Hurry to come see it for yourself before it's gone!
Unit Size
-
Days on Market
66 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$932
HOA Dues
-
Year Built
1950

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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 #ONE3283029)

Price History

Date / Event Date Event Price
May 13, 2021 Sold
Premium
Sold
Mar 30, 2021 Sold
Premium
Sold
Feb 3, 2021 In contract -
In contract
Feb 3, 2021 Relisted $469,000
Relisted
Jan 26, 2021 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 4
  • Garage Square Area: 483
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,743
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2215896Y187387 T044H00000000

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: 0500-344.00-01.00-003.000
  • Block: 4000
  • Lot: 100.003
  • Municipality: ISLIP
  • Latitude: 40.7373
  • Longitude: -73.2205

    Address

  • Full Address: 93 Root Ave
  • Address - House Number: 93
  • Address - Street Name: Root
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip
  • Carrier Code: C002
  • 4-Digit Zip Code: 2417
  • Zip Code: 11751

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 594,081
  • High Value: 731,010
  • Low Value: 457,153

    Market Valuation

  • Market Total Value: $493,131
  • Market Land Value: $97,527
  • Market Improvement Value: $395,604

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,900
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $28,800

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 06, 2019
  • Previous Sale Contract Date: May 02, 2019
  • Previous Sale Amount: $390,000
  • Previous 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

Stats & Trends

Median Asking:

$644,500

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1491 ft²

Average Home Age

65.7 years

Currently For Sale

35 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 93 Root Avenue built and last sold?
The property at 93 Root Avenue was built in 1950 and last sold on Mar 30, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 93 Root Avenue is $473,690.
What are some comparable homes to 93 Root Avenue?
There are currently no comparable homes to 93 Root Avenue.
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