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Old Westbury 11568 Old Westbury
35 Clock Tower Lane
$8,780,000
● House - Off Market

35 Clock Tower Lane

Old Westbury, NY 11568
bedrooms
6 Beds
bathrooms
8 Baths, 1 Half Bath
$10,110,861
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Ultra custom luxury home in Jericho Schools, situated on 5 super private acres on one of Old Westbury's most exclusive streets. Resort style pool with swim up bar and sun deck. Custom chef's kitchen with center island and custom cabinetry. Phenomenal master suite with pristine master bath, dual walk in closets, sitting area and balcony. All family bedrooms contain en suite bathrooms. 10 foot ceilings and 8 foot doors throughout the home. Spectacular lower level with high end movie theater, gym, wine cellar and event space that walks out to pool and yard. 4 car over sized attached garage with height for stackers. 3 stop elevator.
Unit Size
-
Days on Market
-
Land Size
5.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$12,332
HOA Dues
-
Year Built
2018

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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: 4 years ago (OneKey MLS #3388590)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
Apr 27, 2022 In contract -
In contract
Apr 4, 2022 Listed by BERKSHIRE HATHAWAY $9,995,000
Listed by BERKSHIRE HATHAWAY
Oct 28, 2020 Sold
Premium
Sold
Aug 26, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 528
  • Garage Type: 7
  • Garage Square Area: 1,014
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 2
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 202,772
  • Total Building Area: 10,405
  • Gross Building Area: 4,632
  • Building Area: 10,405
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 10,405
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004655
  • 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
  • School Tax District Code 2: OW
  • Census Tract: 517705

Geography

  • District: 282431
  • Section: 17
  • Parcel: 17-012-00-0013
  • Block: 12
  • Lot: 13
  • Municipality: OLD WESTBURY
  • Latitude: 40.8053
  • Longitude: -73.5889

    Address

  • Full Address: 35 Clock Tower Ln
  • Address - House Number: 35
  • Address - Street Name: Clock Tower
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Old Westbury
  • Carrier Code: C054
  • 4-Digit Zip Code: 1003
  • Zip Code: 11568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,890,779
  • Tax Rate Code Area: 520

    Appraisal Valuation

  • Standard Deviation: 0.3908
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 21
  • Final Value: 4,979,584
  • High Value: 6,926,027
  • Low Value: 3,033,140

    Market Valuation

  • Market Total Value: $5,732,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,732
  • Assessed Land Value: $1,347
  • Assessed Improvements Value: $4,385

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-73613
  • Previous Sale Recording Date: Nov 16, 2020
  • Previous Sale Contract Date: Oct 28, 2020
  • Previous Sale Amount: $7,080,000
  • Previous Sale Document Type: 12

    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 Old Westbury

Stats & Trends

Median Asking:

$2,897,000

Sale Price/ft²

$606

Below Asking

0.04%

Average Days on Market

127

Average Home Size

6156 ft²

Average Home Age

40.9 years

Currently For Sale

24 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

Rentals Near You

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OneKey

Last Updated: 4 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 35 Clock Tower Lane built and last sold?
The property at 35 Clock Tower Lane was built in 2018 and last sold on Jun 24, 2022 for $8,780,000.
How much is this home worth?
The estimated value of the home located at 35 Clock Tower Lane is $0.
What are some comparable homes to 35 Clock Tower Lane?
There are currently no comparable homes to 35 Clock Tower Lane.
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