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Massapequa 11758 Massapequa
18 Cedar Street
$779,000
● House - Off Market

18 Cedar Street

Oyster Bay, NY 11758
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,790 Ft²
$822,079
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Elegant, well-appointed 1-family colonial, green-friendly & completely rebuilt/renovated in 2015. 5 bedrooms, 2 full bathrooms, granite kitchen countertops, stainless steel appliances, high-end mouldings & finishes throughout, save money with Navien boiler & solar panels (fully-owned), water-saving fixtures, maintenance-free synthetic grass, central air cond, additional ductless AC/heater in master bedroom, 1st-floor bedroom currently used as a laundry room, fenced-in large backyard with covered patio, 200A electric svc, Generac natural gas backup power generator. Foyer opens to spacious living room, wetbar & staircase with high ceiling. Short walk to buses, LIRR, parks, lakes, restaurants & shopping. Sold fully-furnished if buyer prefers. Though believed accurate, all info including taxes must be independently verified. Taxes are stated as paid 2021/2022. Owner, Listing Agent & Broker are not responsible for any inaccuracies, prospective buyers & their agents must confirm all facts., Additional information: Appearance:MINT+++,Green Features:Insulated Doors,Location Features:Protected Wetland
Unit Size
1,790 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$435
Property Type
House
Property Taxes
$1,241
HOA Dues
-
Year Built
1950

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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: 6 months ago (OneKey MLS #KEYL3429873)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Sep 21, 2022 In contract -
In contract
Sep 13, 2022 Withdrawn -
Withdrawn
Aug 28, 2022 Listed by DynamicEdge Realty LLC $779,000
Listed by DynamicEdge Realty LLC
May 3, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,628
  • Building Area: 1,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 521301

Geography

  • District: 282489
  • Section: 57
  • Parcel: 57-182-00-0018
  • Block: 182
  • Lot: 18-19
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.6702
  • Longitude: -73.4793

    Address

  • Full Address: 18 Cedar St
  • Address - House Number: 18
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: NY
  • City Name: Massapequa
  • Carrier Code: C034
  • 4-Digit Zip Code: 5724
  • Zip Code: 11758

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,359,694
  • Tax Rate Code Area: 557

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 645,546
  • High Value: 749,719
  • Low Value: 541,373

    Market Valuation

  • Market Total Value: $464,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464
  • Assessed Land Value: $140
  • Assessed Improvements Value: $324

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-110164
  • Previous Sale Recording Date: Nov 15, 2022
  • Previous Sale Contract Date: Nov 10, 2022
  • Previous Sale Amount: $779,000
  • Previous Sale Document Type: 12
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 Massapequa

Stats & Trends

Median Asking:

$898,900

Sale Price/ft²

$504

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2488 ft²

Average Home Age

53 years

Currently For Sale

32 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

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$6,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,658 ft²
4025 Boston Avenue, Seaford, NY, 11783 Listing by Patricia L. Ruh
Unit for rent at 3914 Waverly Avenue, Seaford, NY, 11783

$4,000 /mo

  • 2 Beds
  • 1 Bath
  • 835 ft²
3914 Waverly Avenue #2, Seaford, NY, 11783 Listing by Ashleigh Carrucciu
Unit for rent at 3535 Park Avenue, Wantagh, NY, 11793

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
3535 Park Avenue, Wantagh, NY, 11793 Listing by Deena Ceffalia

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Cedar Street built and last sold?
The property at 18 Cedar Street was built in 1950 and last sold on Nov 10, 2022 for $779,000.
How much is this home worth?
The estimated value of the home located at 18 Cedar Street is $907,990.
What are some comparable homes to 18 Cedar Street?
There are currently no comparable homes to 18 Cedar Street.
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