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Cedarhurst 11516 Cedarhurst
433 Oceanpoint Avenue
$1,475,000
● House - Off Market

433 Oceanpoint Avenue

Cedarhurst, NY 11516
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$1,833,547
RealtyHop Estimate
22.24%
Since Jun 1, 2021
NY-New York
Primary Model

About This Property

Stunning new construction on quiet, centrally located block in Cedarhurst.  No expense spared.  2nd floor includes 5 bedrooms & 3 full baths.  full finished basement with bedroom and bathroom.  Pre-wired for generator, spray foam insulation envelope, whole house water filtration, Aprilair Fresh air ventilation system, sprinkler system, pre-wired for CATV & cameras, wifi, ring.  100 gallon indirect hot water storage tank, high efficiency boiler, Central AC with master on its own zone, master bath radiant heat, all LED lighting, spacious laundry room, high end kitchen with undercabinet lighting and outlet strips, microwave drawers, double wall oven, rear patio.
Unit Size
-
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,012
HOA Dues
-
Year Built
2020

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (OneKey MLS #ONE3300639)

Price History

Date / Event Date Event Price
May 11, 2021 Sold
Premium
Sold
Apr 6, 2021 Listed by Five Towns Miller Realty Inc $1,499,999
Listed by Five Towns Miller Realty Inc
Sep 17, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 5
  • 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: 233
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,800
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 12
  • Heating: 5
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: CED
  • Census Tract: 411200

Geography

  • District: 282003
  • Section: 39
  • Parcel: 39-303-00-0106
  • Block: 303
  • Lot: 106
  • Municipality: CEDARHURST
  • Latitude: 40.6278
  • Longitude: -73.7278

    Address

  • Full Address: 433 Oceanpoint Ave
  • Address - House Number: 433
  • Address - Street Name: Oceanpoint
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Cedarhurst
  • Carrier Code: C007
  • 4-Digit Zip Code: 1326
  • Zip Code: 11516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,030,018
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 204

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 949,649
  • High Value: 1,102,895
  • Low Value: 796,403

    Market Valuation

  • Market Total Value: $1,012,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,012
  • Assessed Land Value: $337
  • Assessed Improvements Value: $675

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-067658
  • Previous Sale Recording Date: Sep 17, 2019
  • Previous Sale Contract Date: Aug 02, 2019
  • Previous Sale Amount: $525,000
  • 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 Five Towns

Stats & Trends

Median Asking:

$1,200,000

Sale Price/ft²

$560

Below Asking

0.02%

Average Days on Market

102

Average Home Size

3765 ft²

Average Home Age

71.9 years

Currently For Sale

148 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 99 N. Strathmore, North Woodmere, NY, 11581

$4,750 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
99 N. Strathmore, North Woodmere, NY, 11581 Listing by Jay Goldman CCIM
Unit for rent at 928 Northfield Road, Woodmere, NY, 11598

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,964 ft²
928 Northfield Road, Woodmere, NY, 11598 Listing by Pinchus Heskiel

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 433 Oceanpoint Avenue built and last sold?
The property at 433 Oceanpoint Avenue was built in 2020 and last sold on May 11, 2021 for $1,475,000.
How much is this home worth?
The estimated value of the home located at 433 Oceanpoint Avenue is $1,514,999.
What are some comparable homes to 433 Oceanpoint Avenue?
There are currently no comparable homes to 433 Oceanpoint Avenue.
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