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Jericho 11753 Jericho
47 Favorite Lane
Photo of 47 Favorite Lane

27

Map

Photo of 47 Favorite Lane
Photo of 47 Favorite Lane
$1,499,999
↑ $560K (59.6%)
● House - For Sale

47 Favorite Lane

Oyster Bay, NY 11753
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,300 Ft²
$9,282
Est. Monthly

About This Property

Welcome To This TOP rated Syosset School District. This Gem Offers 5 Bedrooms and 3 Full Baths. In ground Pool update in 2025. One Car Attached-Garage With 2 Car Driveway. Updated Kitchen, Bathrooms, Roof, Deck, Central AC System and Mechanic Systems. Minutes Away To The Schools, Supermarkets and Expressways. MUST SEE! Schedule Your Private Tour TODAY.
Unit Size
2,300 Ft²
Days on Market
201 days
Land Size
0.17 acres
Price per sqft
$652
Property Type
House
Property Taxes
$1,916
HOA Dues
-
Year Built
1958

Listed By

Chuan Wang Chen
[email protected]
E Realty International Corp

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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 #KEY985298)

Price History

Date / Event Date Event Price
Jun 10, 2026 Price Increased $1,499,999
↑ $560K (59.6%)
Price Increased
Jun 10, 2026 Relisted $940,000
Relisted
May 27, 2026 In contract -
In contract
May 14, 2026 Price Decreased $1,548,000
↓ $51K (3.2%)
Price Decreased
Apr 24, 2026 Price Decreased $1,599,000
↓ $20K (1.2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage Door Opener, Storage
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Other
Appliances: Other
Rooms: 10
Has Fireplace
Exterior Details
Square Footage: 2300
Square Footage Source: $0
Architectural Style: Other
Year Built: 1958
Building Area Total: 1922
Building Area Units: Square Feet
Construction Materials: Brick
Pool Features: Fenced, In Ground
Pool is Private
Lot Features: Back Yard
Lot Size Area: 7200
Lot Size Units: Square Feet
Lot Size Acres: 0.1653
Lot Size Square Feet: 7200
Water Source: Well
Financial Details
Tax Assessed Value: $836
Tax Annual Amount: $22,991
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 352
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 014

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 014
  • Census Tract: 518600

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-580-00-0016
  • Block: 580
  • Lot: 16
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7988
  • Longitude: -73.521

    Address

  • Full Address: 47 Favorite Ln
  • Address - House Number: 47
  • Address - Street Name: Favorite
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Jericho
  • Carrier Code: C015
  • 4-Digit Zip Code: 2348
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,019,491
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 79
  • Final Value: 1,171,196
  • High Value: 1,362,081
  • Low Value: 980,312

    Market Valuation

  • Market Total Value: $777,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $777
  • Assessed Land Value: $316
  • Assessed Improvements Value: $461

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019-116684
  • Previous Sale Recording Date: Mar 20, 2019
  • Previous Sale Contract Date: Mar 04, 2019
  • Previous Sale Amount: $662,500
  • Previous Sale Document Type: 12

    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 Jericho

Stats & Trends

Median Asking:

$1,298,888

Sale Price/ft²

$595

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2859 ft²

Average Home Age

53.5 years

Currently For Sale

40 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 49 Miller Boulevard, Syosset, NY, 11791

$8,800 /mo

  • 4 Beds
  • 3 Baths
  • 1,903 ft²
49 Miller Boulevard, Syosset, NY, 11791 Listing by Laura Yitzu Chen
Unit for rent at 22 Cedar Street, Syosset, NY, 11791

$5,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,825 ft²
22 Cedar Street, Syosset, NY, 11791 Listing by Shahid Satti
Unit for rent at 14 Willis Ave, Syosset, NY, 11791

$2,970 /mo

  • 1 Bed
  • 1 Bath
  • 915 ft²
14 Willis Ave, Syosset, NY, 11791 Listing by John Danzig

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 47 Favorite Lane built and last sold?
The property at 47 Favorite Lane was built in 1958 and last sold on Nov 18, 2019 for $940,000.
How much is this home worth?
The estimated value of the home located at 47 Favorite Lane is $1,471,671.
What are some comparable homes to 47 Favorite Lane?
There are currently no comparable homes to 47 Favorite Lane.
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