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Old Westbury 11568 Old Westbury
44 Clock Tower Lane
$1,950,000
● House - Off Market

44 Clock Tower Lane

North Hempstead, NY 11568
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,221 Ft²
$2,497,439
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Situated on Almost 2 Acres of Lush Landscape with Pool, Har Tru Tennis Court, Spa, Outdoor Shower & Cabana Bath Sits this Magnificent 4 BR; 5.5 Bth Home Dating Back to the Mid 1800's. Originally Part of the Morgan Estate, Sitting at One of the Highest Points in Old Westbury, this One-of-a-Kind Colonial Boasts Breathtaking Views. Featuring Over-Sized LR & DR w/Two Gas Fireplaces & Add'l Sitting Areas. Spacious EIK, Accessible from Outdoor Sanctuary Provides an Abundance of Space to Entertain and Enjoy. Recently Updated Sunroom Overlooks this Spectacular Property. Second Story Master Suite Inc Large Walk-In Closet/Sitting Room & Add'l Well Purposed Closet Space. The Second Floor Also Includes a Spacious Main Sitting Area & 2 Add'l Beds & Full Bath. Open-Aired Third Level Offers Bonus Space With Full Bath. Finally, Let's Not Forget the Historic Charm from the Original 660 Acre Estate. Jericho SD, Additional information: Appearance:Diamond,ExterioFeatures:Tennis,Interior Features:Marble Bath,Separate Hotwater Heater:Yes
Unit Size
4,221 Ft²
Days on Market
-
Land Size
1.83 acres
Price per sqft
$521
Property Type
House
Property Taxes
$3,047
HOA Dues
-
Year Built
1863

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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 #KEYL3292408)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Jul 13, 2021 In contract -
In contract
Mar 5, 2021 Listed by Compass Greater NY LLC $2,200,000
Listed by Compass Greater NY LLC
Apr 12, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1863
  • Effective Year Built: 1863
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 79,497
  • Total Building Area: 4,221
  • Building Area: 4,221
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,221
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001825
  • 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
  • School Tax District Code 2: OW
  • Census Tract: 517705

Geography

  • District: 282431
  • Section: 17
  • Parcel: 17-012-00-0052
  • Block: 12
  • Lot: 52
  • Municipality: OLD WESTBURY
  • Latitude: 40.8042
  • Longitude: -73.5852

    Address

  • Full Address: 44 Clock Tower Ln
  • Address - House Number: 44
  • Address - Street Name: Clock Tower
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Old Westbury
  • Carrier Code: C054
  • 4-Digit Zip Code: 1004
  • Zip Code: 11568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,102,557
  • Tax Rate Code Area: 520

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 68
  • Final Value: 2,267,380
  • High Value: 2,778,422
  • Low Value: 1,756,338

    Market Valuation

  • Market Total Value: $1,679,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,679
  • Assessed Land Value: $786
  • Assessed Improvements Value: $893

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-129884
  • Previous Sale Recording Date: Apr 12, 2006
  • Previous Sale Contract Date: Feb 17, 2006
  • Previous Sale Amount: $2,700,000
  • Previous Sale Document Type: 27
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 Old Westbury

Stats & Trends

Median Asking:

$2,995,000

Sale Price/ft²

$627

Below Asking

0.04%

Average Days on Market

127

Average Home Size

6786 ft²

Average Home Age

37.1 years

Currently For Sale

24 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 23 Pinetree Lane, Old Westbury, NY, 11568

$8,500 /mo

  • 4 Beds
  • 4 Baths
  • 2,720 ft²
23 Pinetree Lane, Old Westbury, NY, 11568 Listing by Susan E. Hucke SFR CBR
Unit for rent at 1719 Cedar Swamp Road, Brookville, NY, 11545

$10,000 /mo

  • 6 Beds
  • 4 Baths
  • 3,031 ft²
1719 Cedar Swamp Road, Brookville, NY, 11545 Listing by George Gatt
Unit for rent at 44 Bruce Lane, Westbury, NY, 11590

$6,800 /mo

  • 4 Beds
  • 3 Baths
  • 1,816 ft²
44 Bruce Lane, Westbury, NY, 11590 Listing by Shirley Y. Chen

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 44 Clocktower Lane built and last sold?
The property at 44 Clocktower Lane was built in 1863 and last sold on Sep 28, 2021 for $1,950,000.
How much is this home worth?
The estimated value of the home located at 44 Clocktower Lane is $2,252,284.
What are some comparable homes to 44 Clocktower Lane?
There are currently no comparable homes to 44 Clocktower Lane.
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