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Laurel Hollow 11791 Laurel Hollow
1348 Ridge Road
$1,600,000
● House - Off Market

1348 Ridge Road

Oyster Bay, NY 11791
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$2,399,440
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

WATER VIEWS of CSH from this gracious Laurel Hollow Residence set on almost 2.6 beautiful acres! Enjoy views from Baronial Living Room w/over-sized custom fireplace,formal Dining Room,Den,Mudroom,Office,grand Kitchen and (deep) covered Porch.This gracious 5 Bedroom,4.5 Bath residence was part of the DeForest Estate showcasing charming original  details while thoughtfully expanded/equipped with modern day conveniences. Generator & Stove on propane,oil heat,CAC. Beach & Mooring.available. Taxes to DECREASE $7,500 over 5yrs!Prequal req to show, Additional information: Appearance:Mint,Business Located At:,Rental Income:,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
2.60 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,025
HOA Dues
-
Year Built
1960

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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 #KEYL3202888)

Price History

Date / Event Date Event Price
Sep 3, 2020 Sold
Premium
Sold
Jul 20, 2020 In contract -
In contract
Feb 26, 2020 Listed by Daniel Gale Agency Inc $1,775,000
Listed by Daniel Gale Agency Inc
Mar 11, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 6
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 109,205
  • Total Building Area: 3,440
  • Building Area: 3,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002507
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 011

Neighborhood

  • School District Name: Cold Spring Harbor Central School District
  • School Tax School District: 011
  • School Tax District Code 2: LH
  • Census Tract: 518201

Geography

  • District: 282413
  • Section: 26
  • Parcel: 26-00C-00-2056
  • Block: C
  • Lot: 2056
  • Municipality: LAUREL HOLLOW
  • Latitude: 40.8656
  • Longitude: -73.4757

    Address

  • Full Address: 1348 Ridge Rd
  • Address - House Number: 1348
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Syosset
  • Carrier Code: R001
  • 4-Digit Zip Code: 9632
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,856,496
  • Tax Rate Code Area: 520

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,636,852
  • High Value: 1,900,994
  • Low Value: 1,372,711

    Market Valuation

  • Market Total Value: $1,313,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,313
  • Assessed Land Value: $898
  • Assessed Improvements Value: $415

    Sales

  • Current Sale Contract Date: Mar 05, 1999
  • Current Sale Recording Date: Mar 11, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Laurel Hollow

Stats & Trends

Median Asking:

$2,695,000

Sale Price/ft²

$587

Below Asking

0.03%

Average Days on Market

112

Average Home Size

3522 ft²

Average Home Age

56.8 years

Currently For Sale

4 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 245 Main Street, Cold Spring Harbor, NY, 11724

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
245 Main Street, Cold Spring Harbor, NY, 11724 Listing by Nordeen Accardi CBR WCR
Unit for rent at 428 Harbor Road, Laurel Hollow, NY, 11724

$6,300 /mo

  • 2 Beds
  • 2 Baths
428 Harbor Road #C, Laurel Hollow, NY, 11724 Listing by Deborah A. Sande

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 1348 Ridge Road built and last sold?
The property at 1348 Ridge Road was built in 1960 and last sold on Mar 5, 1999 for $925,000.
How much is this home worth?
The estimated value of the home located at 1348 Ridge Road is $1,792,750.
What are some comparable homes to 1348 Ridge Road?
There are currently no comparable homes to 1348 Ridge Road.
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