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Matinecock 11560 Matinecock
16 Valley Road
$1,400,000
● House - Off Market

16 Valley Road

Oyster Bay, NY 11560
bedrooms
5 Beds
bathrooms
3 Baths
$2,013,942
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

One of Matinecocks sought after location.Luxurious Serenity captivated in this 5 Bedroom Ranch Residence. Tucked away on a Private two Acre Parcel of flowering cherry trees and lush lawns, this property is close to the Clubs, Schools, Shopping and Arteries.  Wonderful bluestone patio with awning and pool for outside entertaining ., Additional information: Appearance:Excellent,Business Located At:,Rental Income:,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
2.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,793
HOA Dues
-
Year Built
1951

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 #KEYL3197198)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Feb 26, 2020 In contract -
In contract
Feb 4, 2020 Listed by Daniel Gale Assoc Inc $1,425,000
Listed by Daniel Gale Assoc Inc
Mar 10, 2014 Sold
Premium
Sold
Jan 17, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 6
  • 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: 7
  • Basement Area: 68
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 92,783
  • Total Building Area: 2,998
  • Building Area: 2,998
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002130
  • 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
  • School Tax District Code 2: MK
  • Census Tract: 517801

Geography

  • District: 282421
  • Section: 23
  • Parcel: 23-00B-00-0336
  • Block: B
  • Lot: 336
  • Municipality: MATINECOCK
  • Latitude: 40.8611
  • Longitude: -73.5723

    Address

  • Full Address: 16 Valley Rd
  • Address - House Number: 16
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Locust Valley
  • Carrier Code: C003
  • 4-Digit Zip Code: 2603
  • Zip Code: 11560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,183,394
  • Tax Rate Code Area: 516

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 77
  • Final Value: 1,743,639
  • High Value: 2,044,523
  • Low Value: 1,442,755

    Market Valuation

  • Market Total Value: $1,274,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,274
  • Assessed Land Value: $852
  • Assessed Improvements Value: $422

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-053550
  • Previous Sale Recording Date: Mar 10, 2014
  • Previous Sale Contract Date: Jan 17, 2014
  • Previous Sale Amount: $1,020,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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

$4,995 /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 25 Soundview Avenue, Locust Valley, NY, 11560

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,469 ft²
25 Soundview Avenue, Locust Valley, NY, 11560 Listing by Susana J. Muir

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 Valley Road built and last sold?
The property at 16 Valley Road was built in 1951 and last sold on May 29, 2020 for $1,415,000.
How much is this home worth?
The estimated value of the home located at 16 Valley Road is $1,439,250.
What are some comparable homes to 16 Valley Road?
There are currently no comparable homes to 16 Valley Road.
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