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Jericho 11753 Jericho
4 Madison Place
$1,230,000
● House - Off Market

4 Madison Place

Oyster Bay, NY 11753
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
$1,851,911
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Stately Colonial Nestled On A Third Of An Acre In The Most Desirable Cul-De-Sac In Jericho, Ny.  Stunning Richly Appointed Interiors Distinguish This 5 Bedroom Home. The Heart Of This Home Is The Bright And Sunlit Kitchen Which Flows Into A Welcoming Den With Fireplace.  The Expansive Master Suite Includes A Luxurious Bath, Dressing Room, Large Closets, And Gym.Jericho Sd., Additional information: Appearance:Platinum,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,223
HOA Dues
-
Year Built
1962

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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 months ago (OneKey MLS #KEYL3086146)

Price History

Date / Event Date Event Price
Apr 23, 2019 Sold
Premium
Sold
Dec 10, 2018 Listed by Daniel Gale Associates Inc $1,248,000
Listed by Daniel Gale Associates Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,894
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,740
  • Total Building Area: 3,271
  • Building Area: 3,271
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,271
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: 11-483-00-0049
  • Block: 483
  • Lot: 49
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7767
  • Longitude: -73.5509

    Address

  • Full Address: 4 Madison Pl
  • Address - House Number: 4
  • Address - Street Name: Madison
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Jericho
  • Carrier Code: C008
  • 4-Digit Zip Code: 1455
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,825,161
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 1,457,096
  • High Value: 1,716,121
  • Low Value: 1,198,071

    Market Valuation

  • Market Total Value: $1,149,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,149
  • Assessed Land Value: $494
  • Assessed Improvements Value: $655

    Sales

  • Current Sale Contract Date: Apr 15, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-034030
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

2814 ft²

Average Home Age

51.5 years

Currently For Sale

42 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 136 Duffy Avenue, Hicksville, NY, 11801

$4,400 /mo

  • 2 Beds
  • 2 Baths
  • 2,000 ft²
136 Duffy Avenue, Hicksville, NY, 11801 Listing by Joseph Piscitello
Unit for rent at 103 Wayne Street, Jericho, NY, 11753

$4,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,562 ft²
103 Wayne Street, Jericho, NY, 11753 Listing by Mara D. Navaretta
Unit for rent at 7 Foran Place, Hicksville, NY, 11801

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 767 ft²
7 Foran Place, Hicksville, NY, 11801 Listing by Adam Frank MRP

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Madison Place built and last sold?
The property at 4 Madison Place was built in 1962 and last sold on Apr 15, 2019 for $1,230,000.
How much is this home worth?
The estimated value of the home located at 4 Madison Place is $1,260,480.
What are some comparable homes to 4 Madison Place?
There are currently no comparable homes to 4 Madison Place.
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