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Jericho 11753 Jericho
28 Madison Avenue
Photo of 28 Madison Avenue
Sold on Jun 27, 2023

24

Map

Photo of 28 Madison Avenue
Photo of 28 Madison Avenue
$1,180,000
● House - Off Market

28 Madison Avenue

Oyster Bay, NY 11753
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,220,843
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Lovely 4 bedroom, 2.5 bath Expanded Split home in Jericho prime location. The home features 1st Floor bedroom, spacious den with access to the backyard patio and a powder room. 2nd level- Cathedral ceilings in the Living room, Open Concept Eat In Kitchen/ Dining Room Combination with vaulted ceiling, A 2years Gourmet Chefs kitchen with high-end appliances Monogram to Subzero and custom cabinetry! 3rd level has the Primary bedroom with Ensuite, 2 bedrooms and 1 Full bathroom. Lower level basement- den, utilities, closets/storage and laundry room. Parklike huge Backyard with patio and beautiful deck. Close to Park, School and access to transportation., Additional information: Appearance:MINT,Interior Features:Lr/Dr
Unit Size
-
Days on Market
90 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,661
HOA Dues
-
Year Built
1964

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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 #KEYL3467294)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
Apr 22, 2023 In contract -
In contract
Mar 27, 2023 Listed by BERKSHIRE HATHAWAY $1,218,800
Listed by BERKSHIRE HATHAWAY
Dec 29, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 5
  • 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: 559
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,907
  • Building Area: 1,907
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,907
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 015

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518501

Geography

  • District: 282489
  • Section: 11
  • Parcel: 11-481-00-0004
  • Block: 481
  • Lot: 4
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7774
  • Longitude: -73.5503

    Address

  • Full Address: 28 Madison Ave
  • Address - House Number: 28
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Jericho
  • Carrier Code: C008
  • 4-Digit Zip Code: 1423
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,993,512
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 1,171,368
  • High Value: 1,280,709
  • Low Value: 1,062,026

    Market Valuation

  • Market Total Value: $856,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $856
  • Assessed Land Value: $456
  • Assessed Improvements Value: $400

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-37326
  • Previous Sale Recording Date: Dec 29, 1997
  • Previous Sale Contract Date: Dec 18, 1997
  • Previous Sale Amount: $318,950
  • Previous Sale Document Type: 27
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:

$1,280,000

Sale Price/ft²

$595

Below Asking

0.02%

Average Days on Market

92

Average Home Size

2928 ft²

Average Home Age

49.8 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 10 Friendly Lane, Jericho, NY, 11753

$5,800 /mo

  • 5 Beds
  • 3 Baths
  • 1,942 ft²
10 Friendly Lane, Jericho, NY, 11753 Listing by Jaya Varghese

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 28 Madison Avenue built and last sold?
The property at 28 Madison Avenue was built in 1964 and last sold on Jun 23, 2023 for $1,180,000.
How much is this home worth?
The estimated value of the home located at 28 Madison Avenue is $0.
What are some comparable homes to 28 Madison Avenue?
There are currently no comparable homes to 28 Madison Avenue.
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