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Bayville 11709 Bayville
2 Cherry Road
Photo of 2 Cherry Road
Sold on Oct 10, 2025

18

Map

Photo of 2 Cherry Road
Photo of 2 Cherry Road
$500,000
● House - Off Market

2 Cherry Road

Oyster Bay, NY 11709
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$3,014
Est. Monthly
6.58%
Cap Rate

About This Property

Discover the potential of 2 Cherry Road, nestled in the heart of Bayville! This charming property offers a rare opportunity to own a home in one of Long Island's most desirable beach communities at an unbeatable price of $499,000. Just blocks from the Long Island Sound, this home is perfect for buyers with vision-bring your contractor and creativity to make it your own. Featuring great bones, and a peaceful neighborhood setting, this diamond in the rough is ready for your personal touch. Whether you're looking for a year-round residence, a weekend retreat, or an investment project, this is a value-packed opportunity you won't want to miss.
Unit Size
864 Ft²
Days on Market
69 days
Land Size
0.14 acres
Price per sqft
$578
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1948

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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 #KEY895330)

Price History

Date / Event Date Event Price
Oct 10, 2025 Sold
Premium
Sold
Aug 22, 2025 In contract -
In contract
Aug 5, 2025 In contract -
In contract
Jul 30, 2025 Listed by HomeSmart Premier Living Rlty $499,000
Listed by HomeSmart Premier Living Rlty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 340
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,099
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 440
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 006

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 006
  • School Tax District Code 2: BAY
  • Census Tract: 517901

Geography

  • District: 282401
  • Section: 29
  • Parcel: 29-D12-00-0319
  • Block: D12
  • Lot: 319
  • Municipality: BAYVILLE
  • Latitude: 40.9046
  • Longitude: -73.5747

    Address

  • Full Address: 2 Cherry Rd
  • Address - House Number: 2
  • Address - Street Name: Cherry
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Bayville
  • Carrier Code: C002
  • 4-Digit Zip Code: 1705
  • Zip Code: 11709

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $607,328
  • Tax Rate Code Area: 505

    Appraisal Valuation

  • Standard Deviation: 0.1297
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 85
  • Final Value: 536,498
  • High Value: 606,116
  • Low Value: 466,881

    Market Valuation

  • Market Total Value: $378,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378
  • Assessed Land Value: $238
  • Assessed Improvements Value: $140

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2017
  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017-105340
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 Bayville

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$468

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2583 ft²

Average Home Age

49.8 years

Currently For Sale

16 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 23 Locust Avenue, Bayville, NY, 11709

$3,495 /mo

  • 2 Beds
  • 2 Baths
  • 996 ft²
23 Locust Avenue, Bayville, NY, 11709 Listing by Barbara L. Catapano
Unit for rent at 14 Bayville Avenue, Bayville, NY, 11709

$3,350 /mo

  • 3 Beds
  • 1 Bath
  • 965 ft²
14 Bayville Avenue #5, Bayville, NY, 11709 Listing by Nicholas Evangelista

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Cherry Road built and last sold?
The property at 2 Cherry Road was built in 1948 and last sold on Oct 6, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 2 Cherry Road is $0.
What are some comparable homes to 2 Cherry Road?
There are currently no comparable homes to 2 Cherry Road.
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