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Plainview 11803 Plainview
5 Chestnut Drive
$612,000
● House - Off Market

5 Chestnut Drive

Oyster Bay, NY 11803
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,023,011
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Welcome to Plainview! Move right into this beautiful 4 bedroom, 2.5 Bath Splanch Style Home. Features include: A spacious living room, formal dining room, family room with woodburning fireplace, sunny eat in kitchen with skylights, partial basement & professionally landscaped property
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,328
HOA Dues
-
Year Built
1964

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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: 5 months ago (OneKey MLS #KEYL3131717)

Price History

Date / Event Date Event Price
Sep 26, 2019 Sold
Premium
Sold
Dec 17, 2019 Sold
Premium
Sold
Sep 26, 2019 Sold
Premium
Sold
May 23, 2019 Listed by Douglas Elliman Real Estate $698,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 340
  • Garage Type: 7
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,303
  • Building Area: 2,303
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,303
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 519601

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-590-00-0018
  • Block: 590
  • Lot: 18
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7875
  • Longitude: -73.4959

    Address

  • Full Address: 5 Chestnut Dr
  • Address - House Number: 5
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Plainview
  • Carrier Code: C013
  • 4-Digit Zip Code: 1949
  • Zip Code: 11803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,537,509
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 772,059
  • High Value: 896,061
  • Low Value: 648,056

    Market Valuation

  • Market Total Value: $585,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585
  • Assessed Land Value: $262
  • Assessed Improvements Value: $323

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-111636
  • Previous Sale Recording Date: Dec 13, 2017
  • Previous Sale Contract Date: Nov 25, 2017
  • 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 Plainview

Stats & Trends

Median Asking:

$954,500

Sale Price/ft²

$563

Above Asking

0.00%

Average Days on Market

85

Average Home Size

2326 ft²

Average Home Age

52.4 years

Currently For Sale

33 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 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
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

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 5 Chestnut Drive built and last sold?
The property at 5 Chestnut Drive was built in 1964 and last sold on Oct 24, 2019 for $612,000.
How much is this home worth?
The estimated value of the home located at 5 Chestnut Drive is $704,980.
What are some comparable homes to 5 Chestnut Drive?
There are currently no comparable homes to 5 Chestnut Drive.
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