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    501 Lake Ct, Unit 501 Middle Island, NY 11953

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    For Sale
    $324,999

    Charming 2-bedroom co-op with lake views and community amenities.

    Lot size:
    4.86 Acres

    Property Features for 501 Lake Ct

    General Information

    Lot size
    4.86 Acres

    Building Details

    Year built
    1982

    Source: Signature Premier Properties Agent Zachary Scher CBR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeside Co-op with Modern Updates

    This is a charming 2-bedroom, 1-bathroom ground-level co-op with serene lake views of Artist Lake. Located on the lakeside of the Lake Pointe community, this move-in-ready home offers modern updates. It features a spacious deck with water views, suitable for relaxing or entertaining. Residents have access to community amenities such as a community pool, playground and laundry. This home offers comfort, convenience, and lake views.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middle Island
    County
    Suffolk
    State
    New York
    Longitude
    -72.931633
    Latitude
    40.881875

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    FAQs

    What type of property is this?
    Apartment building - Charming 2-bedroom co-op with lake views and community amenities.
    Where is this apartment building located?
    The property is located at 501 Lake Ct, Unit 501 Middle Island, NY.
    What is the asking price?
    The asking price for this property is $324,999.
    What are key features of this property?
    This property features: - Serene lake views of Artist Lake; - Move-in-ready condition with modern updates; - Ground-level unit with a **spacious private deck**
    (631) 974-2609
    Request Owner's contact information
    501 Lake Ct, Unit 501 Middle Island, NY 11953
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    Middle Island, NY 11953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 Lake Ct, Unit 501 Middle Island, NY 11953
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