by RH Advisors

See Home Value
$970,000
● House - Off Market

5 Salem Way

Oyster Bay, NY 11545
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,557 Ft²
$5,579
Est. Monthly
9.21%
Cap Rate

About This Property

Nestled in the highly desirable Glen Knolls neighborhood of Glen Head, this beautifully maintained 4-bedroom, 1.5-bath Cape Cod blends timeless charm with everyday comfort. Rich in character, the home showcases original mill work, stained glass, and a stunning wood-burning fireplace that creates a warm, inviting ambiance. Featuring gleaming hardwood floors and an open floor plan, this home offers many updates, gas heating and cooking, ductless air conditioning, a full unfinished basement with laundry, and an attached one-car garage with electric vehicle charging station.

Step through glass doors to a spacious deck overlooking private lush property, where vibrant perennial gardens create a serene outdoor oasis surrounding the blue stone patio, perfect for relaxing or entertaining.

Conveniently located with bus to Glenwood Landing Elementary and proximity to North Shore Middle and High Schools. Enjoy all the benefits of living in the Town of Oyster Bay, including access to TOBAY beaches, parks, and recreation and new Gold Coast Library. Low taxes: $12,444.26!
Unit Size
1,557 Ft²
Days on Market
60 days
Land Size
0.16 acres
Price per sqft
$594
Property Type
House
Property Taxes
$1,037
HOA Dues
-
Year Built
1941

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (OneKey MLS #KEY1002600)

Price History

Date / Event Date Event Price
Jul 28, 2026 Sold
Sold
Jun 12, 2026 In contract -
In contract
May 20, 2026 Listed by Compass Greater NY LLC $925,000
Listed by Compass Greater NY LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • 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: 6
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,557
  • Building Area: 1,557
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,557
  • 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 001

Neighborhood

  • School District Name: North Shore Central School District
  • School Tax School District: 001
  • Census Tract: 517600

Geography

  • District: 282489
  • Section: 21
  • Parcel: 21-215-00-0040
  • Block: 215
  • Lot: 40
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8397
  • Longitude: -73.6322

    Address

  • Full Address: 5 Salem Way
  • Address - House Number: 5
  • Address - Street Name: Salem
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Glen Head
  • Carrier Code: C002
  • 4-Digit Zip Code: 1136
  • Zip Code: 11545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,046,336
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 778,469
  • High Value: 904,092
  • Low Value: 652,847

    Market Valuation

  • Market Total Value: $512,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $512
  • Assessed Land Value: $218
  • Assessed Improvements Value: $294

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Glen Head


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Frequently Asked Questions

When was property at 5 Salem Way built and last sold?
The property at 5 Salem Way was built in 1941 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Salem Way is $931,425.
What are some comparable homes to 5 Salem Way?
There are currently no comparable homes to 5 Salem Way.