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Glen Cove 11542 Glen Cove
1 Viola Drive
$821,500
● House - Off Market

1 Viola Drive

Oyster Bay, NY 11542
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,100 Ft²
$1,269,430
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Large Updated Split On 1/2 Acre Adorned By Mature Trees And Plantings On Desirable Viola Drive.  Great For Entertaining.  Lge 30X30 Family Room With Full Wet Bar And Lge Stone Fireplace Leading To 2-Tier Deck And In-Ground Pool.  Cooks Delight Eik.  Formal L.R. W/Fplce And Formal D.R. Kitchen And Bathrooms All Updated. Move In And Enjoy Life!, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
3,100 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$271
Property Type
House
Property Taxes
$1,202
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 months ago (OneKey MLS #KEYL3005245)

Price History

Date / Event Date Event Price
Jul 27, 2018 Sold
Premium
Sold
Feb 16, 2018 Listed by Flat Fee Express LLC $839,000
Listed by Flat Fee Express LLC
Jul 8, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 464
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 20,996
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,580
  • Total Building Area: 3,026
  • Building Area: 3,026
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,026
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #4 SCH DIST 005

Neighborhood

  • School District Name: Glen Cove City School District
  • School Tax School District: 005
  • School Tax District Code 2: GLC
  • Census Tract: 517302

Geography

  • District: 280600
  • Section: 23
  • Parcel: 23-061-00-0007
  • Block: 61
  • Lot: 7
  • Municipality: GLEN COVE UNINCORPORATED
  • Latitude: 40.8657
  • Longitude: -73.6024

    Address

  • Full Address: 1 Viola Dr
  • Address - House Number: 1
  • Address - Street Name: Viola
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Glen Cove
  • Carrier Code: C008
  • 4-Digit Zip Code: 3349
  • Zip Code: 11542

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $92,098
  • Tax Rate Code Area: 991

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,131,287
  • High Value: 1,342,953
  • Low Value: 919,621

    Market Valuation

  • Market Total Value: $662,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $662
  • Assessed Land Value: $266
  • Assessed Improvements Value: $396

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-065897
  • Previous Sale Recording Date: Jul 08, 1999
  • Previous Sale Contract Date: Jun 24, 1999
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 12

    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 Glen Cove

Stats & Trends

Median Asking:

$848,500

Sale Price/ft²

$482

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2635 ft²

Average Home Age

59.3 years

Currently For Sale

48 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 7 Laurie Place, Glen Cove, NY, 11542

$5,800 /mo

  • 4 Beds
  • 3 Baths
  • 1,935 ft²
7 Laurie Place, Glen Cove, NY, 11542 Listing by Dee Dee H. Brix SFR CBR

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 Viola Drive built and last sold?
The property at 1 Viola Drive was built in 1954 and last sold on Jul 9, 2018 for $821,500.
How much is this home worth?
The estimated value of the home located at 1 Viola Drive is $886,532.
What are some comparable homes to 1 Viola Drive?
There are currently no comparable homes to 1 Viola Drive.
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