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Old Brookville 11548 Old Brookville
18 Pineridge Road
Photo of 18 Pineridge Road
Sold on Feb 9, 2023

8

Map

Photo of 18 Pineridge Road
Photo of 18 Pineridge Road
$1,275,000
● Land - Off Market

18 Pineridge Road

Oyster Bay, NY 11548
bedrooms
Studio
bathrooms
0 Bath
$1,457,588
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Level lot for sale! Rare opportunity to build a new custom home on 1+ acre property backing to a 19-acre Nassau County Preserve. Use your own builder or the builder of the home next door (#20). Pineridge is the perfect location for a private retreat with no traffic, 2 cul de sacs, secluded and quiet, yet super-convenient to all! Prime lot! Property is now recognized as land only and 2023 taxes will reflect resulting decrease. Part of award-winning North Shore School District.
Unit Size
-
Days on Market
-
Land Size
1.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,780
HOA Dues
-
Year Built
1954

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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: 2 years ago (OneKey MLS #KEYL3425538)

Price History

Date / Event Date Event Price
Mar 9, 2023 Sold
Premium
Sold
Dec 12, 2022 In contract -
In contract
Nov 7, 2022 Price Decreased $1,395,000
↓ $104K (6.9%)
Price Decreased
Aug 23, 2022 Listed by Compass Greater NY LLC $1,499,000
Listed by Compass Greater NY LLC
Jan 18, 2022 No longer available -
No longer available
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,787
  • Total Building Area: 1,789
  • Building Area: 1,789
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,789
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001120
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 002

Neighborhood

  • School District Name: North Shore Central School District
  • School Tax School District: 002
  • School Tax District Code 2: OB
  • Census Tract: 517701

Geography

  • District: 282415
  • Section: 20
  • Parcel: 20-J07-00-0005
  • Block: J07
  • Lot: 5
  • Municipality: OLD BROOKVILLE
  • Latitude: 40.8162
  • Longitude: -73.6195

    Address

  • Full Address: 18 Pineridge Rd
  • Address - House Number: 18
  • Address - Street Name: Pineridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Greenvale
  • Carrier Code: C003
  • 4-Digit Zip Code: 1118
  • Zip Code: 11548

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,914,640
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 646

    Appraisal Valuation

  • Standard Deviation: 0.0936
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 91
  • Final Value: 1,431,206
  • High Value: 1,565,178
  • Low Value: 1,297,234

    Market Valuation

  • Market Total Value: $1,042,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,042
  • Assessed Land Value: $639
  • Assessed Improvements Value: $403

    Sales

  • Current Sale Contract Date: Feb 09, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-00014920
  • Previous Sale Recording Date: Dec 28, 2020
  • Previous Sale Contract Date: Nov 23, 2020
  • Previous Sale Amount: $700,000
  • 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 Old Brookville

Stats & Trends

Median Asking:

$3,500,000

Sale Price/ft²

$672

Above Asking

0.00%

Average Days on Market

115

Average Home Size

7293 ft²

Average Home Age

52.3 years

Currently For Sale

15 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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OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Pineridge Road built and last sold?
The property at 18 Pineridge Road was built in 1954 and last sold on Feb 9, 2023 for $1,275,000.
How much is this home worth?
The estimated value of the home located at 18 Pineridge Road is $1,408,950.
What are some comparable homes to 18 Pineridge Road?
There are currently no comparable homes to 18 Pineridge Road.
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