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Plainedge 11714 Plainedge
4 Spencer Drive
$620,000
● House - Off Market

4 Spencer Drive

Oyster Bay, NY 11714
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,730 Ft²
$957,506
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

This Is A Mint Condition Family Home. It Is Spacious With An Amazing Outdoor Entertainment Area With Ig Heated Pool. Separate Living Quarters In The 1st Floor. 4 Generous Sized Bedrooms On The 2nd Floor With 2 Full Bathrooms. Lots Of Storage In The Attic And Basement. The High Efficiency Buderus Boiler Is An Added Bonus To This Family Home., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
2,730 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$219
Property Type
House
Property Taxes
$1,321
HOA Dues
-
Year Built
1929

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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 #KEYL2902478)

Price History

Date / Event Date Event Price
Aug 10, 2017 Sold
Premium
Sold
Dec 19, 2016 Listed by Douglas Elliman Real Estate $599,000
Listed by Douglas Elliman Real Estate
Jun 14, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 7
  • 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: 7
  • Basement Area: 96
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 6,100
  • Total Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,730
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF BETHPAGE ESTATES SECTION NO 3
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 018

Neighborhood

  • School District Name: Plainedge Union Free School District
  • School Tax School District: 018
  • Census Tract: 520300

Geography

  • District: 282489
  • Section: 49
  • Parcel: 49-192-00-0039
  • Block: 192
  • Lot: 39
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.724
  • Longitude: -73.4774

    Address

  • Full Address: 4 Spencer Dr
  • Address - House Number: 4
  • Address - Street Name: Spencer
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bethpage
  • Carrier Code: C010
  • 4-Digit Zip Code: 6110
  • Zip Code: 11714

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,090,824
  • Tax Rate Code Area: 553

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 868,970
  • High Value: 1,022,436
  • Low Value: 715,505

    Market Valuation

  • Market Total Value: $715,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $715
  • Assessed Land Value: $247
  • Assessed Improvements Value: $468

    Sales

  • Current Sale Contract Date: Jul 26, 2017
  • Current Sale Recording Date: Aug 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201700078513
  • Previous Sale Recording Date: Jun 14, 2000
  • Previous Sale Contract Date: Jun 12, 2000
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 40

    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 Plainedge

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$500

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1930 ft²

Average Home Age

64 years

Currently For Sale

10 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 80 Ellen Street, Bethpage, NY, 11714

$4,999 /mo

  • 4 Beds
  • 2 Baths
  • 1,464 ft²
80 Ellen Street, Bethpage, NY, 11714 Listing by Kamal Khurana
Unit for rent at 38 Grant Avenue, Bethpage, NY, 11714

$2,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,863 ft²
38 Grant Avenue, Bethpage, NY, 11714 Listing by Barbara Ciminera
Unit for rent at 4 West Court, Bethpage, NY, 11714

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,075 ft²
4 West Court, Bethpage, NY, 11714 Listing by Taru Rai

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 4 Spencer Drive built and last sold?
The property at 4 Spencer Drive was built in 1929 and last sold on Jul 26, 2017 for $620,000.
How much is this home worth?
The estimated value of the home located at 4 Spencer Drive is $606,938.
What are some comparable homes to 4 Spencer Drive?
There are currently no comparable homes to 4 Spencer Drive.
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