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Plainview 11803 Plainview
49 Midwood Drive
$720,000
● House - Off Market

49 Midwood Drive

Oyster Bay, NY 11803
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$4,534
Est. Monthly

About This Property

Immaculate Hi Ranch Located in Desirable Plainview. Plainview SD#4 Featuring: Primary Bedroom w/Powder Room, Total 4 Bedrooms, 2.5 Baths, Large Eat-In Kitchen, Formal Dining Room, Formal Living Room, Family Room, Full 2 Car Garage, Private Backyard, Minutes to Expressway, Shopping, Parks, House of Worship and more! Updates include 2 year Furnace, Less than 10 year Roof, Windows, Some Appliances, Wall A/C's, Additional Features: In-Ground Sprinklers, Security Alarm, Hardwood Floors on 2nd Floor, Plenty of Room for Mom/Dad, (4th Queen-sized Br on 1st Floor, Full Bath,/Outside Entrance, Low Taxes!, Additional information: Appearance:Excellent,Separate Hotwater Heater:N
Unit Size
-
Days on Market
97 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,102
HOA Dues
-
Year Built
1975

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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 #KEYL3515107)

Price History

Date / Event Date Event Price
Mar 12, 2024 Sold
Premium
Sold
Nov 21, 2023 In contract -
In contract
Nov 16, 2023 Listed by Douglas Elliman Real Estate $699,000
Listed by Douglas Elliman Real Estate
Immaculate Hi Ranch Located in Desirable Plainview. Plainview SD#4 Featuring: Primary Bedroom w/Powder Room, Total 4 Bedrooms, 2.5 Baths, Large Eat-In Kitchen, Formal Dining Room, Formal Living Room, Family Room, Full 2 Car Garage, Private Backyard, Minutes to Expressway, Shopping, Parks, House of Worship and more! Updates include 2 year Furnace, Less than 10 year Roof, Windows, Some Appliances, Wall A/C's, Additional Features: In-Ground Sprinklers, Security Alarm, Hardwood Floors on 2nd Floor, Plenty of Room for Mom/Dad, (4th Queen-sized Br on 1st Floor, Full Bath,/Outside Entrance, Low Taxes!
Nov 6, 2023 Listed by Douglas Elliman Real Estate $699,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 17
  • 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: 592
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 6,972
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,746
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 519703

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-079-00-0220
  • Block: 79
  • Lot: 220
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7832
  • Longitude: -73.4825

    Address

  • Full Address: 49 Midwood Dr
  • Address - House Number: 49
  • Address - Street Name: Midwood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Plainview
  • Carrier Code: C028
  • 4-Digit Zip Code: 2021
  • Zip Code: 11803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $904,058
  • Tax Rate Code Area: 579

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 692,862
  • High Value: 757,548
  • Low Value: 628,175

    Market Valuation

  • Market Total Value: $547,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $547
  • Assessed Land Value: $287
  • Assessed Improvements Value: $260

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2024-00015389
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:

$954,500

Sale Price/ft²

$563

Above Asking

0.00%

Average Days on Market

85

Average Home Size

2334 ft²

Average Home Age

51.8 years

Currently For Sale

32 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 12 Vernon Street, Plainview, NY, 11803

$5,800 /mo

  • 5 Beds
  • 2 Baths
  • 2,614 ft²
12 Vernon Street, Plainview, NY, 11803 Listing by Wujie Zhao
Unit for rent at 41 Eaton Road, Syosset, NY, 11791

$6,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
41 Eaton Road, Syosset, NY, 11791 Listing by Jacqueline M. Lobo CBR
Unit for rent at 8 E Gate, Plainview, NY, 11803

$4,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,004 ft²
8 E Gate, Plainview, NY, 11803 Listing by Eric M. Ronen

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 49 Midwood Drive built and last sold?
The property at 49 Midwood Drive was built in 1975 and last sold on Feb 21, 2024 for $720,000.
How much is this home worth?
The estimated value of the home located at 49 Midwood Drive is $705,990.
What are some comparable homes to 49 Midwood Drive?
There are currently no comparable homes to 49 Midwood Drive.
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