NOT LISTED FOR SALE

296 Nassau Ln N Island Park, NY 11558

Estimated Value: $686,566 - $884,000

6 Beds
2 Baths
2,144 Sq Ft
$366/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $570,000 $266 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,384/month

163 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Eat-In Kitchen
  • Francis X Hegarty Elementary School Rated A-
  • 1 Car Attached Garage
  • 1-minute walk to Village of Island Park Mayor Landgraf Playground

About This Home

As of July 2021

Great investment opportunity in Village. Perfect location, Plenty of updates. Spacious 3BR over 3BR, Rent roll is $3,875.009 per month, Flood insurance is grandfathered and can be transferred, current rate is $1,105.00 per year $250,000Bldg/$100,000Contents. Priced to sell, this will not last. Also... Coin operated washer & dryer in garage for tenant use.

Last Agent to Sell the Property

Michael Hastava

Coldwell Banker American Homes Brokerage Phone: 888-276-0630 License #30HA0566367 Listed on: 10/24/2020

Coldwell Banker American Homes

Last Buyer's Agent

James Vollaro

Island Advantage Realty LLC License #10401302177

Island Advantage Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,965

Year Built

  • Built in 1962

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Wall to Wall Carpet
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Francis X Hegarty Elementary School
  • Island Park Lincoln Orens Middle School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Legal Lot and Block 115 / 123
  • Assessor Parcel Number 2021-43-123-00-0115-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,965

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1962
  • New Construction: No
  • Attribution Contact: 888-276-0630
  • BuildingSize: 2144
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Inclusions: Dryer,Refrigerator,Wall to Wall Carpet,Washer
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Brick, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Island Park Lincoln Orens Ms

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 2021-43-123-00-0115-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-10-26

Rental Info

  • Lease Considered: No
  • Available Date: 2021-06-01

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 7964.71
  • Tax Block: 123
  • Tax Lot: 115
  • Tax Other Annual Assessment Amount: 2428.5
  • Tax Map Number: 2021-43-123-00-0115-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Francis X Hegarty Elementary School
  • Middle School District: Island Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Jul 22, 2021
Sold by
Stevenson Gary E and Stevenson Jennifer F
Bought by
Bbf Services Llc
Seller's Agent
Michael Hastava
Coldwell Banker American Homes
Buyer's Agent
James Vollaro
Island Advantage Realty LLC
List Price
$629,000
Sold Price
$570,000
Premium/Discount to List
-$59,000
-9.38%
Current Estimated Value
$777,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,969
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Oct 26, 2006
Sold by
Stevenson Gary

Purchase Details

Closed on
Jul 24, 2001
Sold by
Orefici George
Bought by
Stevenson Gary

Purchase Details

Closed on
Jul 1, 1998
Sold by
Quarantello Agnes
Bought by
Oreficf George M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bbf Services Llc $570,000 Washington Title
-- -- --
Stevenson Gary $295,000 Michael Sutton
Oreficf George M $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevenson Gary E $41,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $570,000 -9.4% $266 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $629,000 0.0% $293 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $629,000 -- $293 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,744 $475 $148 $327
2024 $1,744 $456 $142 $314
2023 $8,390 $510 $159 $351
2022 $8,390 $510 $159 $351
2021 $10,248 $484 $151 $333
2020 $6,552 $553 $428 $125
2019 $1,379 $553 $401 $152
2018 $1,408 $590 $0 $0
2017 $5,414 $786 $428 $358
2016 $7,209 $786 $428 $358
2015 $1,761 $786 $428 $358
2014 $1,761 $786 $428 $358
2013 $1,638 $786 $428 $358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3263199

OneKey® MLS

APN: 2021-43-123-00-0115-0