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Glen Head 11545 Glen Head
1 Chestnut Place
$525,000
● House - Off Market

1 Chestnut Place

Oyster Bay, NY 11545
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$1,050,707
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Price Improved,First Time On The Market,Original Family Built & Owned.New Roof,New Gas Hot Water Heater,Tremendous Curb Appeal.Owner Will Contribute $2,500 Towards New Appliances., Additional information: Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$772
HOA Dues
-
Year Built
1923

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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 #KEYL2580259)

Price History

Date / Event Date Event Price
Jan 17, 2014 Sold
Premium
Sold
Dec 4, 2013 Sold
Premium
Sold
May 6, 2013 Listed by Coldwell Banker American Homes $539,000
Listed by Coldwell Banker American Homes

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,750
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 002

Neighborhood

  • School District Name: North Shore Central School District
  • School Tax School District: 002
  • Census Tract: 517600

Geography

  • District: 282489
  • Section: 21
  • Parcel: 21-00S-00-0850
  • Block: S
  • Lot: 850
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8383
  • Longitude: -73.6253

    Address

  • Full Address: 1 Chestnut Pl
  • Address - House Number: 1
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Glen Head
  • Carrier Code: C001
  • 4-Digit Zip Code: 1700
  • Zip Code: 11545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,355,622
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 838,351
  • High Value: 988,888
  • Low Value: 687,813

    Market Valuation

  • Market Total Value: $653,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653
  • Assessed Land Value: $274
  • Assessed Improvements Value: $379

    Sales

  • Current Sale Contract Date: Dec 04, 2013
  • Current Sale Recording Date: Jan 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014011700324
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 Glen Head

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$551

Below Asking

0.02%

Average Days on Market

79

Average Home Size

2161 ft²

Average Home Age

56.2 years

Currently For Sale

9 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 25 Miller Street, Glen Cove, NY, 11542

$4,300 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
25 Miller Street, Glen Cove, NY, 11542 Listing by Carolina Boucos PSA SFR CBR SRS
Unit for rent at 19 Elm Street, Greenvale, NY, 11548

$4,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,372 ft²
19 Elm Street, Greenvale, NY, 11548 Listing by Laura A. Algios SFR SRES

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 1 Chestnut Place built and last sold?
The property at 1 Chestnut Place was built in 1923 and last sold on Dec 4, 2013 for $525,000.
How much is this home worth?
The estimated value of the home located at 1 Chestnut Place is $0.
What are some comparable homes to 1 Chestnut Place?
There are currently no comparable homes to 1 Chestnut Place.
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