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Jericho 11753 Jericho
256 Forest Drive
Photo of 256 Forest Drive
Sold on May 19, 2025

31

Map

Photo of 256 Forest Drive
Photo of 256 Forest Drive
$1,178,000
● House - Off Market

256 Forest Drive

Oyster Bay, NY 11753
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,964 Ft²
$8,373
Est. Monthly
2.59%
Cap Rate

About This Property

Don't miss this exceptional opportunity to own a wonderful home in one of Jericho's most desirable neighborhoods. Located in the "F-Section" of East Birchwood, Jericho, this meticulously maintained Hollywood split home is larger than the typical Hollywood model with bigger bedrooms. With a perfect mid-block location, this residence offers both tranquility and convenience. This home offers 4 bedrooms, 2.5 baths, an updated eat-in kitchen with bay window, updated primary bath, finished basement that provides additional living and entertainment areas and 2-car garage. The oversized south-exposure backyard is ideal for outdoor activities and relaxation. Features include central air conditioning, gas heat and cooking, inground sprinklers and a central station alarm. Newer roof (3 years), along with the furnace and hot water heater (both 5 years). Blue Ribbon Syosset school district (Robbins Lane Elementary/South Woods Middle/Syosset High). The location provides easy access to shops, restaurants, parks, and the LIRR, facilitating convenient commuting and leisure activities
Unit Size
1,964 Ft²
Days on Market
73 days
Land Size
0.24 acres
Price per sqft
$661
Property Type
House
Property Taxes
$1,999
HOA Dues
-
Year Built
1957

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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 #KEY828000)

Price History

Date / Event Date Event Price
May 19, 2025 Sold
Premium
Sold
Mar 26, 2025 In contract -
In contract
Mar 4, 2025 Listed by Daniel Gale Sothebys Intl Rlty $1,298,000
Listed by Daniel Gale Sothebys Intl Rlty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 394
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,440
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 518600

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-549-00-0014
  • Block: 549
  • Lot: 14
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7936
  • Longitude: -73.5215

    Address

  • Full Address: 256 Forest Dr
  • Address - House Number: 256
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Jericho
  • Carrier Code: C003
  • 4-Digit Zip Code: 2322
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,977,562
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,036,290
  • High Value: 1,203,518
  • Low Value: 869,062

    Market Valuation

  • Market Total Value: $765,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $765
  • Assessed Land Value: $440
  • Assessed Improvements Value: $325
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 Jericho

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$597

Below Asking

0.02%

Average Days on Market

88

Average Home Size

2826 ft²

Average Home Age

50.3 years

Currently For Sale

43 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 14 Hicks Avenue, Syosset, NY, 11791

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,071 ft²
14 Hicks Avenue, Syosset, NY, 11791 Listing by Batul N. Morbi GRI
Unit for rent at 6 Dawes Avenue, Syosset, NY, 11791

$4,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,453 ft²
6 Dawes Avenue, Syosset, NY, 11791 Listing by Myung Hee Yoon CBR
Unit for rent at 37 Amby Avenue, Plainview, NY, 11803

$4,980 /mo

  • 5 Beds
  • 2 Baths
  • 1,800 ft²
37 Amby Avenue, Plainview, NY, 11803 Listing by Jiang Zhang

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 256 Forest Drive built and last sold?
The property at 256 Forest Drive was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 256 Forest Drive is $0.
What are some comparable homes to 256 Forest Drive?
There are currently no comparable homes to 256 Forest Drive.
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