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Plainview 11803 Plainview
40 Surrey Lane
$998,000
● House - Off Market

40 Surrey Lane

Plainview, NY 11803
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$1,058,175
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

NEW CONSTRUCTION TO BE BUILT!!. READY FOR FALL 2021!!  Custom house to be built featuring 5 Bedrooms 5.5 Bath in Plainview...with Plainview-Old Bethpage Schools. Gorgeous Colonial Vaulted Entry Foyer, 9' Ceiling on 1st Floor, Gas Fireplace in Family Room. Master Bedroom with 2 large closets and Master Bath. 9' Ceilings in basement. Photo's are not exact. For builder's workmanship only.. Model still being determined! Time to Customize is Now!!!, Additional information: Appearance:MInt+++
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

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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: 5 months ago (OneKey MLS #KEYL3304679)

Price History

Date / Event Date Event Price
May 25, 2022 Sold
Premium
Sold
Apr 20, 2021 In contract -
In contract
Apr 19, 2021 Listed by Realty Connect USA LLC $1,050,000
Listed by Realty Connect USA LLC
Nov 16, 2020 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,660
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 019

Neighborhood

  • School District Name: Plainview-Old Bethpage Central School District
  • School Tax School District: 019
  • Census Tract: 519801

Geography

  • District: 282489
  • Section: 46
  • Parcel: 46-528-00-0006
  • Block: 528
  • Lot: 6
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.769
  • Longitude: -73.497

    Address

  • Full Address: 40 Surrey Ln
  • Address - House Number: 40
  • Address - Street Name: Surrey
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Plainview
  • Carrier Code: C005
  • 4-Digit Zip Code: 5128
  • Zip Code: 11803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,467,318
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 1,029,520
  • High Value: 1,125,621
  • Low Value: 933,419

    Market Valuation

  • Market Total Value: $500,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $500
  • Assessed Land Value: $361
  • Assessed Improvements Value: $139

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-63381
  • Previous Sale Recording Date: Nov 16, 2020
  • Previous Sale Contract Date: Oct 28, 2020
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: 12
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 Plainview

Stats & Trends

Median Asking:

$949,999

Sale Price/ft²

$563

Above Asking

0.00%

Average Days on Market

85

Average Home Size

2413 ft²

Average Home Age

50.1 years

Currently For Sale

29 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 68 Jamaica Avenue, Plainview, NY, 11803

$5,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,412 ft²
68 Jamaica Avenue, Plainview, NY, 11803 Listing by Lenix Lin
Unit for rent at 4 Willow Place, Hicksville, NY, 11801

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,264 ft²
4 Willow Place, Hicksville, NY, 11801 Listing by Sarika Gera CBR
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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 40 Surrey Lane built and last sold?
The property at 40 Surrey Lane was built in 1953 and last sold on May 25, 2022 for $998,000.
How much is this home worth?
The estimated value of the home located at 40 Surrey Lane is $1,060,500.
What are some comparable homes to 40 Surrey Lane?
There are currently no comparable homes to 40 Surrey Lane.
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