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East Massapequa 11762 East Massapequa
175 Park Lane
$630,000
● House - Off Market

175 Park Lane

Oyster Bay, NY 11758
bedrooms
2 Beds
bathrooms
1 Bath
$3,850
Est. Monthly
3.99%
Cap Rate

About This Property

Welcome To This Beautifully Maintained Ranch 2 Bedroom, 1 Bathroom Ranch With A Full Basement In Massapequa! Featuring A Large Kitchen With Plenty Of Cabinet Space & Gas Cooking, Flowing Into An Elegant Formal Dining Room With Hardwood Floors! Additionally, You'll Find 2 Spacious & Comfortable Bedrooms On The First Floor, A Gorgeous Expanded Den/Family Room With Plenty Of Natural Light & A Full Bathroom! The Finished Basement Features Extra Entertainment Space As Well As Lots Of Room Of Storage & Laundry Area! This Oversized Property Features A Detached 1.5 Car Garage, Meticulously Manicured 6,960 Sq Ft Lot, Above Ground Pool & Privacy. Close To Schools, Transportation, Shopping & Dining, Nature Trails, Beaches & More!, Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
1953

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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 #KEYL3589869)

Price History

Date / Event Date Event Price
Feb 27, 2025 Sold
Premium
Sold
Dec 2, 2024 In contract -
In contract
Nov 7, 2024 Listed by Signature Premier Properties $599,000
Listed by Signature Premier Properties

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,960
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 600
  • Total Building Area: 816
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 023

Neighborhood

  • School District Name: Massapequa Union Free School District
  • School Tax School District: 023
  • Census Tract: 521801

Geography

  • District: 282489
  • Section: 48
  • Parcel: 48-525-00-0004
  • Block: 525
  • Lot: 4
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.6872
  • Longitude: -73.4381

    Address

  • Full Address: 175 Park Ln
  • Address - House Number: 175
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Massapequa
  • Carrier Code: C095
  • 4-Digit Zip Code: 4310
  • Zip Code: 11758

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $975,435
  • Tax Rate Code Area: 565

    Appraisal Valuation

  • Standard Deviation: 0.1297
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 85
  • Final Value: 520,584
  • High Value: 588,136
  • Low Value: 453,032

    Market Valuation

  • Market Total Value: $378,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378
  • Assessed Land Value: $192
  • Assessed Improvements Value: $186

    Exemptions

  • Homeowner Exemption: Yes
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 East Massapequa

Stats & Trends

Median Asking:

$732,000

Sale Price/ft²

$482

Below Asking

0.01%

Average Days on Market

81

Average Home Size

2120 ft²

Average Home Age

58.1 years

Currently For Sale

26 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 94 Union Avenue, Amityville, NY, 11701

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,170 ft²
94 Union Avenue, Amityville, NY, 11701 Listing by Christopher Dellaccio CBR

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 175 Park Lane built and last sold?
The property at 175 Park Lane was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 175 Park Lane is $0.
What are some comparable homes to 175 Park Lane?
There are currently no comparable homes to 175 Park Lane.
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