by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Mill Neck 11765 Mill Neck
117 Horseshoe Road
$3,600,000
● Land - Off Market

117 Horseshoe Road

Oyster Bay, NY 11765
bedrooms
Studio
bathrooms
0 Bath
$24,023
Est. Monthly

About This Property

Magnificent Mill Neck Waterfront Building Lot at the end of Horseshoe Road. Build you Dream Home while Enjoying Magnificent Sunsets.
Unit Size
-
Days on Market
-
Land Size
5.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$5,118
HOA Dues
-
Year Built
1982

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #KEYL3552609)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Premium
Sold
Jun 17, 2024 In contract -
In contract
May 17, 2024 Listed by Daniel Gale Sothebys Intl Rlty $3,850,000
Listed by Daniel Gale Sothebys Intl Rlty
Jan 5, 2023 Sold
Premium
Sold
Oct 19, 2022 In contract -
In contract
Show More

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 3
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,163
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 229,866
  • Total Building Area: 4,623
  • Building Area: 4,623
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,623
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005277
  • Standard Land Use Code: 1001
  • County Land Use Code: 2500
  • Legal Description 1: TOWN #3 SCH DIST 004

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 004
  • School Tax District Code 2: MN
  • Census Tract: 517801

Geography

  • District: 282425
  • Section: 29
  • Parcel: 29-00L-00-1025
  • Block: L
  • Lot: 1025
  • Municipality: MILL NECK
  • Latitude: 40.896
  • Longitude: -73.5667

    Address

  • Full Address: 117 Horseshoe Rd
  • Address - House Number: 117
  • Address - Street Name: Horseshoe
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mill Neck
  • Carrier Code: R001
  • 4-Digit Zip Code: 1005
  • Zip Code: 11765

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,441,195
  • Tax Rate Code Area: 516

    Appraisal Valuation

  • Standard Deviation: 0.2516
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 3,146,577
  • High Value: 3,938,533
  • Low Value: 2,354,620

    Market Valuation

  • Market Total Value: $2,864,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,864
  • Assessed Land Value: $1,787
  • Assessed Improvements Value: $1,077

    Sales

  • Current Sale Contract Date: Jan 05, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-3604
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 Mill Neck

Stats & Trends

Median Asking:

$2,699,000

Sale Price/ft²

$662

Below Asking

0.01%

Average Days on Market

44

Average Home Size

7483 ft²

Average Home Age

75.3 years

Currently For Sale

12 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

$5,200 /mo

  • 3 Beds
  • 1 Bath
24 High Street, Locust Valley, NY, 11560 Listing by Fatemeh Jarrahian CBR
Unit for rent at 46 Davis Street, Locust Valley, NY, 11560

$3,500 /mo

  • 2 Beds
  • 1 Bath
46 Davis Street, Locust Valley, NY, 11560 Listing by Diana Mellone
Unit for rent at 15 Pershing Avenue, Locust Valley, NY, 11560

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,308 ft²
15 Pershing Avenue, Locust Valley, NY, 11560 Listing by Margaret Cheung Lin

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 117 Horseshoe Road built and last sold?
The property at 117 Horseshoe Road was built in 1982 and last sold on Jan 5, 2023 for $3,003,000.
How much is this home worth?
The estimated value of the home located at 117 Horseshoe Road is $3,888,500.
What are some comparable homes to 117 Horseshoe Road?
There are currently no comparable homes to 117 Horseshoe Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Mill Neck Homes for Sale
Mill Neck Houses for Sale
Mill Neck Homes with Basements
Mill Neck Homes with Pools
Mill Neck Homes with Parking
Mill Neck Homes with Garages
Mill Neck Homes with a View
Mill Neck Homes with Guest House
Nearby Cities
Bayville Homes for Sale
Oyster Bay Homes for Sale
Locust Valley Homes for Sale
Upper Brookville Homes for Sale
Old Brookville Homes for Sale
Lattingtown Homes for Sale
East Norwich Homes for Sale
Matinecock Homes for Sale
Nearby Property Records
Nassau County, NY Property Records
Westchester County, NY Property Records
New York, NY Property Records
Bergen County, NJ Property Records
Fairfield County, CT Property Records
Hudson County, NJ Property Records
Rockland County, NY Property Records
Essex County, NJ Property Records
Top Real Estate Agents
Top Agents in Mill Neck
Top Agents in 11771
Top Agents in 11560
Top Agents in Bayville
Top Agents in 11709
Top Agents in Oyster Bay
Top Agents in Locust Valley
Top Agents in 11732