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South Farmingdale 11735 South Farmingdale
1 Carmans Gate
$545,000
● House - Off Market

1 Carmans Gate

Farmingdale, NY 11735
bedrooms
5 Beds
bathrooms
2 Baths
$708,158
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

OPEN HOUSE IF BUYERS ARE NOT ACCOMPANIED BY AN AGENT THE SELLER REQUIRES PHOTO ID AND PRE APPROVAL FOR ACCESS AT OPEN HOUSE.   Come Home To This Pretty Cape Cod With Charming Front Porch. This Home Features Updated Roof, Siding. Windows, Kitchen And Baths. Lower level Features  A Unique Floor Plan- 3 Bedrooms Living Room, Formal Dining Room, Eat In Kitchen With Stainless Steel Appliances. A Great Room W/Skylight w/Access To A Beautiful Yard Meant For Entertaining. The Upper Level has HW Floors/ WW Carpet -Full Bath, 1 Bedroom And Entertaining Area Or Second Large Bedroom. This Yard Was Meant For Entertaining Outside Stone Kitchen/Bar W/Industrial Grill and Exhaust This Kitchen Is Tv Ready. PVC Fencing. Bring Mom! Full Basement With Many Possibilities and OSE Heat 4 Zones! Taxes With Star Exemption 12,138.43!
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,128
HOA Dues
-
Year Built
1954

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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: 5 years ago (OneKey MLS #3263208)

Price History

Date / Event Date Event Price
Feb 17, 2021 Sold
Premium
Sold
Dec 30, 2020 Sold
Premium
Sold
Nov 12, 2020 In contract -
In contract
Oct 20, 2020 Listed by Century 21 Catapano Homes $539,000
Listed by Century 21 Catapano Homes
Oct 21, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,732
  • Gross Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • Legal Description 1: TOWN #3 SCH DIST 022

Neighborhood

  • School District Name: Farmingdale Union Free School District
  • School Tax School District: 022
  • Census Tract: 520600

Geography

  • District: 282489
  • Section: 48
  • Parcel: 48-448-00-0001
  • Block: 448
  • Lot: 1
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.713
  • Longitude: -73.4343

    Address

  • Full Address: 1 Carmans Gate
  • Address - House Number: 1
  • Address - Street Name: Carmans Gate
  • State: NY
  • City Name: Farmingdale
  • Carrier Code: C015
  • 4-Digit Zip Code: 6005
  • Zip Code: 11735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,358,673
  • Tax Rate Code Area: 674

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 636,511
  • High Value: 749,817
  • Low Value: 523,206

    Market Valuation

  • Market Total Value: $477,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $477
  • Assessed Land Value: $253
  • Assessed Improvements Value: $224

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-018942
  • Previous Sale Recording Date: Jun 02, 2005
  • Previous Sale Contract Date: Feb 10, 2005
  • Previous Sale Amount: $401,700
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 South Farmingdale

Stats & Trends

Median Asking:

$749,990

Sale Price/ft²

$491

Below Asking

0.01%

Average Days on Market

82

Average Home Size

1413 ft²

Average Home Age

77.1 years

Currently For Sale

31 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 24 Jerome Drive, Farmingdale, NY, 11735

$5,800 /mo

  • 5 Beds
  • 3 Baths
  • 1,800 ft²
24 Jerome Drive, Farmingdale, NY, 11735 Listing by Patricia Yovino

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Carmans Gate built and last sold?
The property at 1 Carmans Gate was built in 1954 and last sold on Dec 30, 2020 for $545,000.
How much is this home worth?
The estimated value of the home located at 1 Carmans Gate is $544,390.
What are some comparable homes to 1 Carmans Gate?
There are currently no comparable homes to 1 Carmans Gate.
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