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Syosset 11791 Syosset
18 Preston Lane
$1,220,000
● House - Off Market

18 Preston Lane

Oyster Bay, NY 11791
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$1,862,959
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Brand New Custom Center-Hall Colonial Finishing Being Built (95% Completed) On Pristine Block Filled W/ Many New Homes & Within The Highly Desirable Syosset Grove Neighborhood! Photos Are Of Same Model Built Previously. Large Home On Large Property Features:  Designer Kit & Vanities W/ High-End Ss Prof Appliances, Pella Wdws, Sophisticated Moldings Throughout Every Square Foot, 2-Car Gar, 1st Flr Bdrm/Office, 3 Fbaths (2 Up, 1 Down), & Gigantic Master Suite W/ W-I-C & Fbath+Jacuzzi, & Much More!, Additional information: Appearance:Brand New,Green Features:Green Certified,Insulated Doors,Separate Hotwater Heater:Y
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$372
Property Type
House
Property Taxes
$1,105
HOA Dues
-
Year Built
2018

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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 #KEYL3007768)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold
Premium
Sold
Apr 8, 2021 In contract -
In contract
Mar 24, 2021 Listed by Douglas Elliman Real Estate $1,349,000
Listed by Douglas Elliman Real Estate
Jul 6, 2018 Sold
Premium
Sold
Feb 27, 2018 Listed by NYONLINEREALTY.COM $1,229,000
Listed by NYONLINEREALTY.COM
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 154
  • Garage Type: 7
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,384
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,864
  • Building Area: 2,864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 014

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 014
  • Census Tract: 518700

Geography

  • District: 282489
  • Section: 15
  • Parcel: 15-118-00-0028
  • Block: 118
  • Lot: 28
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8072
  • Longitude: -73.5108

    Address

  • Full Address: 18 Preston Ln
  • Address - House Number: 18
  • Address - Street Name: Preston
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Syosset
  • Carrier Code: C008
  • 4-Digit Zip Code: 4708
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,523,350
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,378,629
  • High Value: 1,624,339
  • Low Value: 1,132,919

    Market Valuation

  • Market Total Value: $1,049,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,049
  • Assessed Land Value: $363
  • Assessed Improvements Value: $686

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-084710
  • Previous Sale Recording Date: Jul 06, 2018
  • Previous Sale Contract Date: Jun 25, 2018
  • Previous Sale Amount: $4,287,000
  • 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 Syosset

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$604

Below Asking

0.01%

Average Days on Market

91

Average Home Size

2903 ft²

Average Home Age

48.3 years

Currently For Sale

42 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 18 E Park Drive, Syosset, NY, 11791

$6,800 /mo

  • 5 Beds
  • 4 Baths
  • 2,200 ft²
18 E Park Drive, Syosset, NY, 11791 Listing by Qun D. Lin
Unit for rent at 25 Cumberland Road, Jericho, NY, 11753

$6,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,200 ft²
25 Cumberland Road, Jericho, NY, 11753 Listing by Jacqueline M. Lobo CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Preston Lane built and last sold?
The property at 18 Preston Lane was built in 2018 and last sold on Jun 18, 2021 for $1,350,000.
How much is this home worth?
The estimated value of the home located at 18 Preston Lane is $1,362,490.
What are some comparable homes to 18 Preston Lane?
There are currently no comparable homes to 18 Preston Lane.
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