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Matinecock 11560 Matinecock
16 Laurel Lane
$2,750,000
● House - Off Market

16 Laurel Lane

Oyster Bay, NY 11560
bedrooms
7 Beds
bathrooms
4 Baths, 2 Half Baths
$4,237,607
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Charming updated Ted Lay Center Hall Colonial on 3.6 Matinecock acres with pool  located on a quiet Country Lane. Light and Bright sitting high on a hill, this 7 bedroom house has wonderful entertaining space while offering Classic Style. Beautifully interpreted for Today's Living. All Updated!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
3.69 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,446
HOA Dues
-
Year Built
1954

Payment Calculator

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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 #KEYL3117473)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
May 10, 2019 In contract -
In contract
Apr 9, 2019 Listed by Daniel Gale Assoc Inc $2,895,000
Listed by Daniel Gale Assoc Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 14
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 24
  • Garage Type: 7
  • Garage Square Area: 352
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 19

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 44,000
  • Gross Building Area: 44,000
  • Building Area: 44,000
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 4,251
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: T
  • Land Acres: 0000002000
  • Standard Land Use Code: 6504
  • County Land Use Code: 6920
  • 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: MK
  • Census Tract: 517801

Geography

  • District: 282421
  • Section: 23
  • Parcel: 23-00K-00-0599
  • Block: K
  • Lot: 599
  • Municipality: MATINECOCK
  • Latitude: 40.874
  • Longitude: -73.5787

    Address

  • Full Address: 16 Laurel Ln
  • Address - House Number: 16
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Locust Valley
  • Carrier Code: C003
  • 4-Digit Zip Code: 2204
  • Zip Code: 11560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 516

    Assessments Valuation

  • Assessed Year: 2023
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 Matinecock

Stats & Trends

Median Asking:

$5,024,000

Sale Price/ft²

$633

Below Asking

0.02%

Average Days on Market

106

Average Home Size

7734 ft²

Average Home Age

55.3 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

$5,200 /mo

  • 3 Beds
  • 1 Bath
24 High Street, Locust Valley, NY, 11560 Listing by Fatemeh Jarrahian CBR
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
Unit for rent at 12 Smith Street, Glen Cove, NY, 11542

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 650 ft²
12 Smith Street, Glen Cove, NY, 11542 Listing by Fabio Acquista

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 16 Laurel Lane built and last sold?
The property at 16 Laurel Lane was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Laurel Lane is $2,923,950.
What are some comparable homes to 16 Laurel Lane?
There are currently no comparable homes to 16 Laurel Lane.
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