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Stony Brook 11790 Stony Brook
1 Olney Way
$710,000
● House - Off Market

1 Olney Way

Brookhaven, NY 11790
bedrooms
4 Beds
bathrooms
3 Baths
$650,088
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Do not miss this STUNNER with a LEGAL ACCESSORY APARTMENT with Three Village schools! Perfect for a mother/daughter or someone looking to offset their mortgage payment with incredible rental income. The main house features 3/4 bedrooms and 2 full baths, stunning kitchen and bathrooms updated in 2012, gorgeous den with tall vaulted ceilings and skylights. The massive accessory apartment features an open floor plan with an updated kitchen and bathroom in 2012 and a primary bedroom suite with huge walk in closet and bathroom all handicap accessible! Prime location in a quiet neighborhood right off of Stony Brook Rd. The beautifully landscaped backyard is a great entertainment area with plenty of room for kids to play, and it is a great blank canvas to add a pool if you wish! PVC fencing all around. Very rare opportunity to buy a very well kept house with accessory apartment in Three Village schools. Do not miss! Professional pictures coming next week
Unit Size
-
Days on Market
276 days
Land Size
0.43 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,370
HOA Dues
-
Year Built
1967

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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 months ago (OneKey MLS #KEYL3427277)

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold
Premium
Sold
Jun 12, 2023 Sold
Premium
Sold
Sep 12, 2022 In contract -
In contract
Aug 31, 2022 Listed by Exit Realty Achieve $649,000
Listed by Exit Realty Achieve
Oct 23, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,497
  • Building Area: 2,497
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,497
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRATHMORE
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: STRATHMORE 4898 SEC 22 1854

Neighborhood

  • School District Name: Three Village Central School District
  • School Tax School District: THREE VILLAGE
  • Census Tract: 158012

Geography

  • Assessors Map Reference: MAP 0304898
  • Account Number: 00000362140
  • District: 0200-3
  • Section: 386.00
  • Parcel: 0200-386.00-04.00-046.000
  • Block: 4
  • Lot: 46.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8813
  • Longitude: -73.1211

    Address

  • Full Address: 1 Olney Way
  • Address - House Number: 1
  • Address - Street Name: Olney
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Stony Brook
  • Carrier Code: C006
  • 4-Digit Zip Code: 3009
  • Zip Code: 11790

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472201

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 635,560
  • High Value: 727,250
  • Low Value: 543,869

    Market Valuation

  • Market Total Value: $6,991
  • Market Land Value: $741
  • Market Improvement Value: $6,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,775
  • Assessed Land Value: $400
  • Assessed Improvements Value: $3,375

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Previous Sale Recording Date: Oct 23, 2003
  • Previous Sale Contract Date: Oct 15, 2003
  • Previous Sale Amount: $415,500
  • Previous Sale Document Type: 12
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 Stony Brook

Stats & Trends

Median Asking:

$779,000

Sale Price/ft²

$396

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2319 ft²

Average Home Age

60.4 years

Currently For Sale

21 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 6 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
6 Williams Boulevard #061M, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 5 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
5 Williams Boulevard #51H, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 25 Williams Boulevard, Lake Grove, NY, 11755

$2,655 /mo

  • 1 Bed
  • 1 Bath
  • 745 ft²
25 Williams Boulevard #252F, Lake Grove, NY, 11755 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Olney Way built and last sold?
The property at 1 Olney Way was built in 1967 and last sold on Jun 12, 2023 for $710,000.
How much is this home worth?
The estimated value of the home located at 1 Olney Way is $655,490.
What are some comparable homes to 1 Olney Way?
There are currently no comparable homes to 1 Olney Way.
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