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Islip 11751 Islip
97 Root Avenue
$580,000
● House - Off Market

97 Root Avenue

Islip, NY 11751
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,150 Ft²
$3,589
Est. Monthly

About This Property

Check Out This Beautifully Updated 4 Bedroom, 1.5 Bathroom Cape just a short distance from Islip's Main Street. Beautiful Gleaming Hardwood Floors Throughout, Spacious Living Room W/ Lots Of Natural Light, Fully updated Eat In Kitchen W/ Stainless Steel Appliances & Granite Countertops, 2 Spacious Bedrooms on the 1st Floor, Fully renovated Full bath w/ Tub 2 Additional Bedrooms on Second Floor. Your Partially Finished Basement with Wet bar & New Half Bath has plenty of room to host your friends and Family. Relax In Your Shade Covered Backyard W/ oversized Patio, Large Storage Shed, New Roof, Boiler, Fence & 7 Zone IGS System Basement Windows, In-Ground Lawn Sprinklers, Close To Schools, Parks, Main Street & More!, Additional information: Appearance:Mint
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$478
Property Type
House
Property Taxes
$888
HOA Dues
-
Year Built
1947

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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 #KEYL3519767)

Price History

Date / Event Date Event Price
Feb 21, 2024 Sold
Premium
Sold
Dec 29, 2023 In contract -
In contract
Dec 5, 2023 Listed by EXIT Realty Premier $550,000
Listed by EXIT Realty Premier
Dec 19, 2019 Sold
Premium
Sold
Oct 24, 2019 Price Decreased $379,000
↓ $10K (2.6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 8,712
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 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: 50.31
  • Parcel: 0500-319.00-02.00-064.003
  • Block: 9000
  • Lot: 200.064
  • Municipality: ISLIP
  • Latitude: 40.7374
  • Longitude: -73.2202

    Address

  • Full Address: 97 Root Ave
  • Address - House Number: 97
  • 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: 2023
  • Tax Amount: $1,065,986
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 551,266
  • High Value: 683,469
  • Low Value: 419,063

    Market Valuation

  • Market Total Value: $439,560
  • Market Land Value: $101,648
  • Market Improvement Value: $337,912

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $24,600

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Jan 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: Apr 26, 2019
  • Previous Sale Amount: $260,100
  • 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

1493 ft²

Average Home Age

67.3 years

Currently For Sale

36 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 584 Main Street, Islip, NY, 11751

$3,150 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
584 Main Street #1, Islip, NY, 11751 Listing by Sean Darbyshire RENE
Unit for rent at 2 Somerset Avenue, East Islip, NY, 11730

$1,900 /mo

  • Studio
  • 1 Bath
  • 198 ft²
2 Somerset Avenue #APT3, East Islip, NY, 11730 Listing by Jamie C. Winkler
Unit for rent at 327 Brook Avenue, Bay Shore, NY, 11706

$3,025 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
327 Brook Avenue #3272B, Bay Shore, NY, 11706 Listing by Michelle Holmes

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 97 Root Avenue built and last sold?
The property at 97 Root Avenue was built in 1947 and last sold on Dec 17, 2019 for $370,000.
How much is this home worth?
The estimated value of the home located at 97 Root Avenue is $548,942.
What are some comparable homes to 97 Root Avenue?
There are currently no comparable homes to 97 Root Avenue.
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