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Upper Brookville 11771 Upper Brookville
1029 Friendly Road
$1,140,000
● Land - Off Market

1029 Friendly Road

Oyster Bay, NY 11771
bedrooms
Studio
bathrooms
3 Baths, 1 Half Bath
$7,862
Est. Monthly

About This Property

INCREDIBLE, SECLUDED LOCATION! (Currently a 4 BR Colonial.) *A TEAR DOWN* AS IS. FABULOUS PRIVATE COUNTRY RD!!
Unit Size
-
Days on Market
-
Land Size
2.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,974
HOA Dues
-
Year Built
1956

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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 #KEYL3474501)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Sep 20, 2023 In contract -
In contract
Jul 24, 2023 Price Decreased $1,199,000
↓ $51K (4.1%)
Price Decreased
Jul 8, 2023 Price Decreased $1,250,000
↓ $25K (2%)
Price Decreased
Jun 28, 2023 Price Decreased $1,275,000
↓ $24K (1.9%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 6
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 7
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 2,326
  • Building Area: 2,326
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002020
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 003

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 003
  • School Tax District Code 2: UB
  • Census Tract: 517701

Geography

  • District: 282427
  • Section: 24
  • Parcel: 24-00E-00-0223
  • Block: E
  • Lot: 223
  • Municipality: UPPER BROOKVILLE
  • Latitude: 40.8428
  • Longitude: -73.5696

    Address

  • Full Address: 1029 Friendly Rd
  • Address - House Number: 1029
  • Address - Street Name: Friendly
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Oyster Bay
  • Carrier Code: R001
  • 4-Digit Zip Code: 4407
  • Zip Code: 11771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,116,316
  • Tax Rate Code Area: 511

    Appraisal Valuation

  • Standard Deviation: 0.0932
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 91
  • Final Value: 1,129,773
  • High Value: 1,235,138
  • Low Value: 1,024,408

    Market Valuation

  • Market Total Value: $1,103,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,103
  • Assessed Land Value: $887
  • Assessed Improvements Value: $216
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 Upper Brookville

Stats & Trends

Median Asking:

$3,497,500

Sale Price/ft²

$661

Below Asking

0.01%

Average Days on Market

91

Average Home Size

6500 ft²

Average Home Age

35.3 years

Currently For Sale

15 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 1719 Cedar Swamp Road, Brookville, NY, 11545

$10,000 /mo

  • 6 Beds
  • 4 Baths
  • 3,031 ft²
1719 Cedar Swamp Road, Brookville, NY, 11545 Listing by George Gatt
Unit for rent at 953 Ripley Lane, Oyster Bay, NY, 11771

$3,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
953 Ripley Lane, Oyster Bay, NY, 11771 Listing by Donna M. Scala 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 1029 Friendly Road built and last sold?
The property at 1029 Friendly Road was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1029 Friendly Road is $1,616,000.
What are some comparable homes to 1029 Friendly Road?
There are currently no comparable homes to 1029 Friendly Road.
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