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Plainedge 11714 Plainedge
40 Stewart Avenue
$385,000
● House - Off Market

40 Stewart Avenue

Oyster Bay, NY 11714
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,133 Ft²
$602,942
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Great Starter/Pride Of Ownership.Move-In Ready.Ranked 12th Safest Sch Dist. On Li.Lrg Master Ste-Hi Ceilings, Walk-In Closet; Open Flr Plan; Ample Kit & Dr.Sliders Off Dr To Trex Deck & Walkway. New Roof 2015;New Paved Drive 2017;New Paint 2018 Lr,2nd Br; Front & Back Ig Sprnk;Pella Windows;Att & Det Sheds. Built-In Bose Speaker System; Custom Shades, Newer Appliances
Unit Size
1,133 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$352
Property Type
House
Property Taxes
$934
HOA Dues
-
Year Built
1951

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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 #KEYL3019912)

Price History

Date / Event Date Event Price
Jul 24, 2018 Sold
Premium
Sold
Apr 12, 2018 Listed by Douglas Elliman Real Estate $398,500
Listed by Douglas Elliman Real Estate
Aug 20, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 5,700
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,147
  • Building Area: 1,147
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,147
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 49-198-00-0055
  • Block: 198
  • Lot: 55
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7203
  • Longitude: -73.4829

    Address

  • Full Address: 40 Stewart Ave
  • Address - House Number: 40
  • Address - Street Name: Stewart
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Bethpage
  • Carrier Code: C005
  • 4-Digit Zip Code: 5311
  • Zip Code: 11714

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,122,277
  • Tax Rate Code Area: 549

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 581,279
  • High Value: 717,969
  • Low Value: 444,590

    Market Valuation

  • Market Total Value: $369,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369
  • Assessed Land Value: $195
  • Assessed Improvements Value: $174

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-064398
  • Previous Sale Recording Date: Aug 20, 1998
  • Previous Sale Contract Date: Aug 14, 1998
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: 27

    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 Plainedge

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$505

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1963 ft²

Average Home Age

64.5 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

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 40 Stewart Avenue built and last sold?
The property at 40 Stewart Avenue was built in 1951 and last sold on Jul 9, 2018 for $385,000.
How much is this home worth?
The estimated value of the home located at 40 Stewart Avenue is $0.
What are some comparable homes to 40 Stewart Avenue?
There are currently no comparable homes to 40 Stewart Avenue.
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