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Plainview 11803 Plainview
5 Georgia Lane
$700,000
● House - Off Market

5 Georgia Lane

Oyster Bay, NY 11803
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$650,331
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome home to 5 Georgia Lane in the Lakeville Estate Section of Plainview in a Cul-De-Sac. This lovely ranch offers open floor plan with living/dining room, Beautiful Eat in kitchen with views of the lovely yard. Home has 3 bedrooms, 1.5 baths, wonderful full Finished basement with endless possibilities, laundry room, storage and Bonus Room. Tranquil backyard ready to be enjoyed.  Wonderful location steps from park, all major highways, schools, religious institutions, LIRR, Shopping, Hospitals and more! If you're looking for a move in home that has so much to offer this is it!
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,072
HOA Dues
-
Year Built
1959

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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: 4 months ago (OneKey MLS #KEYL3400893)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
May 27, 2022 In contract -
In contract
May 19, 2022 Listed by Daniel Gale Sothebys Intl Rlty $629,000
Listed by Daniel Gale Sothebys Intl Rlty
Feb 26, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 9

    Dimensions

  • Lot Size Square Feet: 7,350
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,311
  • Building Area: 1,311
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,311
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF LAKEVILLE ESTATES
  • Land Acres: 0000000169
  • 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: 519704

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-410-00-0044
  • Block: 410
  • Lot: 44
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7794
  • Longitude: -73.4812

    Address

  • Full Address: 5 Georgia Ln
  • Address - House Number: 5
  • Address - Street Name: Georgia
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Plainview
  • Carrier Code: C040
  • 4-Digit Zip Code: 3803
  • Zip Code: 11803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,290,172
  • Tax Rate Code Area: 579

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 720,745
  • High Value: 852,556
  • Low Value: 588,934

    Market Valuation

  • Market Total Value: $500,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $500
  • Assessed Land Value: $292
  • Assessed Improvements Value: $208

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-83787
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Contract Date: Feb 07, 2016
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 12
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:

$968,000

Sale Price/ft²

$557

Above Asking

0.00%

Average Days on Market

84

Average Home Size

2345 ft²

Average Home Age

52 years

Currently For Sale

28 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 Georgia Lane built and last sold?
The property at 5 Georgia Lane was built in 1959 and last sold on Aug 5, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 5 Georgia Lane is $635,290.
What are some comparable homes to 5 Georgia Lane?
There are currently no comparable homes to 5 Georgia Lane.
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