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Glen Cove 11542 Glen Cove
5 Eldridge Place
$483,888
● House - Off Market

5 Eldridge Place

Oyster Bay, NY 11542
bedrooms
4 Beds
bathrooms
2 Baths
$695,479
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Well Set Back From The Street, On A Quarter Of An Acre, This Lovely Cape Cod Has Perfect Distribution And Flow. Features A Large Double Sided Fireplace, Warming Both The Living Room And A Family Room.  Formal Dining Room And Eat-In Kitchen. 4 Spacious Bedrooms And 2 Full Bathrooms, And Unfinished Huge Basement.  Definitely A Diamond In The Rough Waiting For Your Love And Imagination! Enjoy The Tranquility Of Glen Cove, W/ Beaches, Nature Preserves, Sports Facilities, Boat Launches, Marinas.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$895
HOA Dues
-
Year Built
1958

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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 #KEYL3012440)

Price History

Date / Event Date Event Price
Oct 9, 2018 Sold
Premium
Sold
Mar 15, 2018 Listed by Keller Williams Realty Greater $459,750
Listed by Keller Williams Realty Greater

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,010
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 910
  • Total Building Area: 1,745
  • Building Area: 1,745
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,745
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #4 SCH DIST 005

Neighborhood

  • School District Name: Glen Cove City School District
  • School Tax School District: 005
  • School Tax District Code 2: GLC
  • Census Tract: 517202

Geography

  • District: 280600
  • Section: 21
  • Parcel: 21-246-00-0008
  • Block: 246
  • Lot: 8
  • Municipality: GLEN COVE UNINCORPORATED
  • Latitude: 40.8567
  • Longitude: -73.6296

    Address

  • Full Address: 5 Eldridge Pl
  • Address - House Number: 5
  • Address - Street Name: Eldridge
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Glen Cove
  • Carrier Code: C020
  • 4-Digit Zip Code: 3512
  • Zip Code: 11542

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $98,556
  • Tax Rate Code Area: 991

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 700,175
  • High Value: 824,859
  • Low Value: 575,491

    Market Valuation

  • Market Total Value: $510,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510
  • Assessed Land Value: $218
  • Assessed Improvements Value: $292

    Sales

  • Current Sale Contract Date: Sep 19, 2018
  • Current Sale Recording Date: Oct 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 2018-090394
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 Glen Cove

Stats & Trends

Median Asking:

$848,000

Sale Price/ft²

$482

Below Asking

0.02%

Average Days on Market

94

Average Home Size

2593 ft²

Average Home Age

59.6 years

Currently For Sale

49 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 16 Union Avenue, Glen Head, NY, 11545

$6,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
16 Union Avenue, Glen Head, NY, 11545 Listing by Deborah A. Peseri
Unit for rent at 40 The Place, Glen Cove, NY, 11542

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 3,831 ft²
40 The Place, Glen Cove, NY, 11542 Listing by Terry Sciubba

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 Eldridge Place built and last sold?
The property at 5 Eldridge Place was built in 1958 and last sold on Sep 19, 2018 for $488,888.
How much is this home worth?
The estimated value of the home located at 5 Eldridge Place is $0.
What are some comparable homes to 5 Eldridge Place?
There are currently no comparable homes to 5 Eldridge Place.
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