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Lynbrook 11563 Lynbrook
2 Crab Avenue
$459,000
● House - Off Market

2 Crab Avenue

Hempstead, NY 11563
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,778 Ft²
$703,823
RealtyHop Estimate
50.07%
Since Jan 1, 2018
NY-New York
Primary Model

About This Property

Spacious 4Br Brick Cape, Living Rm, Fdr, Eik, Wood Floors Throughout, Full Basement. 2 Car Garage, Double Driveways On Crab Ave And Wood St.   Short Walk To Lirr, Schools, Greiss Park And Shopping., Additional information: Appearance:Very Good,Separate Hotwater Heater:Yes
Unit Size
1,778 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$264
Property Type
House
Property Taxes
$1,041
HOA Dues
-
Year Built
1940

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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 #KEYL2969166)

Price History

Date / Event Date Event Price
Dec 21, 2017 Sold
Premium
Sold
Sep 8, 2017 Listed by Becker Realty Services Inc $469,000
Listed by Becker Realty Services Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,452
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,778
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 020

Neighborhood

  • School District Name: Lynbrook Union Free School District
  • School Tax School District: 020
  • School Tax District Code 2: LYN
  • Census Tract: 411800

Geography

  • District: 282025
  • Section: 37
  • Parcel: 37-304-00-0158
  • Block: 304
  • Lot: 158-159
  • Municipality: LYNBROOK
  • Latitude: 40.658
  • Longitude: -73.6813

    Address

  • Full Address: 2 Crab Ave
  • Address - House Number: 2
  • Address - Street Name: Crab
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lynbrook
  • Carrier Code: C005
  • 4-Digit Zip Code: 2486
  • Zip Code: 11563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,143,628
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 702,303
  • High Value: 826,895
  • Low Value: 577,711

    Market Valuation

  • Market Total Value: $550,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550
  • Assessed Land Value: $224
  • Assessed Improvements Value: $326

    Sales

  • Current Sale Contract Date: Dec 05, 2017
  • Current Sale Recording Date: Dec 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017-126838

    Financing

  • First Mortgage Financing Type: ADJ
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 Lynbrook

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

94

Average Home Size

1472 ft²

Average Home Age

82.1 years

Currently For Sale

38 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 67 Prospect Avenue, Hewlett, NY, 11557

$3,030 /mo

  • 1 Bed
  • 1 Bath
  • 785 ft²
67 Prospect Avenue #16C, Hewlett, NY, 11557 Listing by Michelle Holmes
Unit for rent at 65 Prospect Avenue, Hewlett, NY, 11557

$3,680 /mo

  • 2 Beds
  • 2 Baths
  • 1,060 ft²
65 Prospect Avenue #15W, Hewlett, NY, 11557 Listing by Michelle Holmes
Unit for rent at 1132 Fulton Street, Woodmere, NY, 11598

$5,999 /mo

  • 3 Beds
  • 3 Baths
  • 2,350 ft²
1132 Fulton Street, Woodmere, NY, 11598 Listing by Marc Jeret

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 2 Crab Avenue built and last sold?
The property at 2 Crab Avenue was built in 1940 and last sold on Dec 5, 2017 for $459,000.
How much is this home worth?
The estimated value of the home located at 2 Crab Avenue is $492,692.
What are some comparable homes to 2 Crab Avenue?
There are currently no comparable homes to 2 Crab Avenue.
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