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Old Bethpage 11804 Old Bethpage
24 Melissa Lane
$385,000
● House - Off Market

24 Melissa Lane

Oyster Bay, NY 11804
bedrooms
3 Beds
bathrooms
2 Baths
$1,012,046
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Lovely 3 Bedroom Ranch With Heated Inground Pool. Formal Living Room, Formal Dining Room, Den, Eik, Full Bsmt, Cedar Closet. Perfect Mid Block Location!, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,135
HOA Dues
-
Year Built
1959

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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 #KEYL2485248)

Price History

Date / Event Date Event Price
Nov 28, 2012 Sold
Premium
Sold
Sep 10, 2012 Sold
Premium
Sold
Apr 11, 2012 Listed by Coldwell Banker American Homes $469,000
Listed by Coldwell Banker American Homes

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • 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: 210
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,485
  • Building Area: 1,485
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,485
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 020

Neighborhood

  • School District Name: Plainview-Old Bethpage Central School District
  • School Tax School District: 020
  • Census Tract: 520100

Geography

  • District: 282489
  • Section: 47
  • Parcel: 47-099-00-0021
  • Block: 99
  • Lot: 21
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7704
  • Longitude: -73.4547

    Address

  • Full Address: 24 Melissa Ln
  • Address - House Number: 24
  • Address - Street Name: Melissa
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Old Bethpage
  • Carrier Code: C006
  • 4-Digit Zip Code: 1202
  • Zip Code: 11804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,448,876
  • Tax Rate Code Area: 579

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 778,781
  • High Value: 916,941
  • Low Value: 640,621

    Market Valuation

  • Market Total Value: $606,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606
  • Assessed Land Value: $336
  • Assessed Improvements Value: $270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 10, 2012
  • Current Sale Recording Date: Nov 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2012112801873
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 Bethpage

Stats & Trends

Median Asking:

$1,299,000

Sale Price/ft²

$579

Below Asking

0.01%

Average Days on Market

77

Average Home Size

2126 ft²

Average Home Age

48.9 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 24 Melissa Lane built and last sold?
The property at 24 Melissa Lane was built in 1959 and last sold on Sep 10, 2012 for $385,000.
How much is this home worth?
The estimated value of the home located at 24 Melissa Lane is $473,690.
What are some comparable homes to 24 Melissa Lane?
There are currently no comparable homes to 24 Melissa Lane.
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