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Massapequa Park 11762 Massapequa Park
348 Broadway
$555,000
● House - Off Market

348 Broadway

Oyster Bay, NY 11762
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,894 Ft²
$877,555
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Possible M/D With Proper Permits, Non Transferable. This Beautiful Home Located In The Desirable Village Of Mass Pk Features 3 Bdrms, Possible 4th Bdrm/Offfice, 2 Fb, 2 Lr, 2 Eik, New Hardwood Flrs, Pvt Drvwy/Can Fit Up To 4 Cars. Full Unfinished Bsmt With An Extra Storage Room, Fenced In Yard With Lg Storage Shed W/Elec., Additional information: Appearance:Diamond,Separate Hotwater Heater:Y
Unit Size
1,894 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$306
Property Type
House
Property Taxes
$933
HOA Dues
-
Year Built
1954

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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: 6 months ago (OneKey MLS #KEYL3022679)

Price History

Date / Event Date Event Price
Jul 30, 2018 Sold
Premium
Sold
Apr 20, 2018 Listed by Nappa Realty Inc $579,999
Listed by Nappa Realty Inc
Sep 8, 2014 Sold
Premium
Sold
Feb 27, 2014 Listed by Nappa Realty Inc $429,000
Listed by Nappa Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,894
  • Gross Building Area: 1,894
  • Building Area: 1,894
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,894
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • Legal Description 1: TOWN #3 SCH DIST 023

Neighborhood

  • School District Name: Massapequa Union Free School District
  • School Tax School District: 023
  • School Tax District Code 2: MP
  • Census Tract: 521500

Geography

  • District: 282417
  • Section: 48
  • Parcel: 48-209-00-0077
  • Block: 209
  • Lot: 77
  • Municipality: MASSAPEQUA PARK
  • Latitude: 40.6944
  • Longitude: -73.445

    Address

  • Full Address: 348 Broadway
  • Address - House Number: 348
  • Address - Street Name: Broadway
  • State: NY
  • City Name: Massapequa Park
  • Carrier Code: C014
  • 4-Digit Zip Code: 1845
  • Zip Code: 11762

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,324,711
  • Tax Rate Code Area: 583

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 733,066
  • High Value: 852,833
  • Low Value: 613,300

    Market Valuation

  • Market Total Value: $522,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $522
  • Assessed Land Value: $220
  • Assessed Improvements Value: $302

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Jul 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-066681
  • Previous Sale Recording Date: Sep 08, 2014
  • Previous Sale Contract Date: Aug 26, 2014
  • Previous Sale Amount: $422,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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 Massapequa Park

Stats & Trends

Median Asking:

$799,990

Sale Price/ft²

$486

Below Asking

0.01%

Average Days on Market

78

Average Home Size

2261 ft²

Average Home Age

47.2 years

Currently For Sale

17 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 12 Terrace View Road, Farmingdale, NY, 11735

$3,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,814 ft²
12 Terrace View Road, Farmingdale, NY, 11735 Listing by Chiarina Loverde

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 348 Broadway built and last sold?
The property at 348 Broadway was built in 1954 and last sold on Jul 23, 2018 for $565,000.
How much is this home worth?
The estimated value of the home located at 348 Broadway is $606,277.
What are some comparable homes to 348 Broadway?
There are currently no comparable homes to 348 Broadway.
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