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Locust Valley 11560 Locust Valley
11 Beaver Drive
$1,150,000
● House - Off Market

11 Beaver Drive

Oyster Bay, NY 11560
bedrooms
4 Beds
bathrooms
5 Baths
$2,059,709
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Price Reduction! Wonderful Opportunity To Live In Locust Valley. This Expanded Ranch Has Spectacular Waterviews Of Beaver Dam Lake. This Secluded Property Is Set On 2 Acres. Living Room,Dining Room & Master Suite All With Waterviews. Amazing Outdoor Living - Pool, Cabana, Decks, & Covered Porch. Close To Shopping, Lirr &Schools. Prospective Purchaser To Verify All Info, Additional information: Appearance:Pristine,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
2.01 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,825
HOA Dues
-
Year Built
1968

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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: 6 months ago (OneKey MLS #KEYL2882153)

Price History

Date / Event Date Event Price
Jun 19, 2018 Sold
Premium
Sold
Apr 3, 2017 Sold
Premium
Sold
Sep 9, 2016 Listed by Daniel Gale Assoc Inc $1,250,000
Listed by Daniel Gale Assoc Inc

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8
  • Location Influence Type: 18

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 3,431
  • Building Area: 3,431
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,431
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002010
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 004

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 004
  • Census Tract: 517802

Geography

  • District: 282489
  • Section: 29
  • Parcel: 29-R03-00-0282
  • Block: R03
  • Lot: 282
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8819
  • Longitude: -73.5689

    Address

  • Full Address: 11 Beaver Dr
  • Address - House Number: 11
  • Address - Street Name: Beaver
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Locust Valley
  • Carrier Code: C006
  • 4-Digit Zip Code: 2308
  • Zip Code: 11560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,303,874
  • Tax Rate Code Area: 515

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,664,799
  • High Value: 1,975,993
  • Low Value: 1,353,606

    Market Valuation

  • Market Total Value: $1,080,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,080
  • Assessed Land Value: $733
  • Assessed Improvements Value: $347

    Sales

  • Current Sale Contract Date: Mar 20, 2017
  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201700032525

    Financing

  • First Mortgage Financing Type: ADJ
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 Locust Valley

Stats & Trends

Median Asking:

$989,000

Sale Price/ft²

$553

Below Asking

0.02%

Average Days on Market

100

Average Home Size

1733 ft²

Average Home Age

74.9 years

Currently For Sale

8 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 High Street, Locust Valley, NY, 11560

$4,500 /mo

  • 3 Beds
  • 1 Bath
24 High Street, Locust Valley, NY, 11560 Listing by Fatemeh Jarrahian CBR
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
Unit for rent at 23 Locust Avenue, Bayville, NY, 11709

$3,495 /mo

  • 2 Beds
  • 2 Baths
  • 996 ft²
23 Locust Avenue, Bayville, NY, 11709 Listing by Barbara L. Catapano

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 Beaver Drive built and last sold?
The property at 11 Beaver Drive was built in 1968 and last sold on Mar 20, 2017 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 11 Beaver Drive is $1,262,500.
What are some comparable homes to 11 Beaver Drive?
There are currently no comparable homes to 11 Beaver Drive.
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