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Old Bethpage 11804 Old Bethpage
5 Locust Avenue
$1,595,000
● House - Off Market

5 Locust Avenue

Old Bethpage, NY 11804
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$8,935
Est. Monthly
5.21%
Cap Rate

About This Property

Welcome to This Massive 3800sqft new construction Home on 10,000 sqft lot with lot of space and generous bedrooms. Master bedroom ensuite, Vaulted Ceiling, his/her closets, 4 additional bedrooms (2 ensuites), Upstairs Laundry room, office. Chef's Kitchen w/custom cabinetry., pantry, fireplace, family room. Bedroom ensuite on 1st floor. cameras installed, speakers throughout the 1st floor. full 9ft with outside High basement outside entrance. minutes away from highway, shopping, restaurants, park, etc. Don't miss this rare opportunity to tour and fall in love with your new dream home.
Unit Size
-
Days on Market
178 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$838
HOA Dues
-
Year Built
1959

Payment Calculator

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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: 3 years ago (OneKey MLS #ONE3519456)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Feb 3, 2024 In contract -
In contract
Dec 4, 2023 Listed by Vision Homes Real Estate LLC $1,649,000
Listed by Vision Homes Real Estate LLC
Jan 2, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

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

    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 #3 SCH DIST 020

Neighborhood

  • School District Name: Plainview-Old Bethpage Central School District
  • School Tax School District: 020
  • Census Tract: 520100

Geography

  • District: 282489
  • Section: 47
  • Parcel: 47-120-00-0016
  • Block: 120
  • Lot: 16
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7721
  • Longitude: -73.4483

    Address

  • Full Address: 5 Lenmore Dr
  • Address - House Number: 5
  • Address - Street Name: Lenmore
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Old Bethpage
  • Carrier Code: C006
  • 4-Digit Zip Code: 1118
  • Zip Code: 11804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,757,846
  • Tax Rate Code Area: 579

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 887,211
  • High Value: 1,030,382
  • Low Value: 744,041

    Market Valuation

  • Market Total Value: $678,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $678
  • Assessed Land Value: $328
  • Assessed Improvements Value: $350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 1996
  • Current Sale Recording Date: Jan 02, 1997
  • Current Sale Price:
    Premium
  • Current 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 Old Bethpage

Stats & Trends

Median Asking:

$1,288,500

Sale Price/ft²

$582

Below Asking

0.01%

Average Days on Market

78

Average Home Size

2013 ft²

Average Home Age

41.1 years

Currently For Sale

18 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 Locust Road built and last sold?
The property at 5 Locust Road was built in 1959 and last sold on Dec 23, 1996 for $282,000.
How much is this home worth?
The estimated value of the home located at 5 Locust Road is $1,665,490.
What are some comparable homes to 5 Locust Road?
There are currently no comparable homes to 5 Locust Road.
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