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Jericho 11753 Jericho
508 Cedar Swamp Road
$1,440,000
● House - Off Market

508 Cedar Swamp Road

Oyster Bay, NY 11753
bedrooms
Studio
bathrooms
5 Baths, 1 Half Bath
$7,832
Est. Monthly

About This Property

**Land Only** Magnificent pre-construction with incredible golf course vistas. Stately Colonial on 2 bucolic acres to be built with exceptional craftsmanship and architectural details throughout. Close to dining, shopping, and schools. Extraordinary location convenient to Manhattan and The Hamptons. Land can be purchased separately $1,595,000., Additional information: Appearance:New,Interior Features:Marble Bath,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
1584 days
Land Size
2.00 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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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 #KEYL3241653)

Price History

Date / Event Date Event Price
Dec 12, 2024 Sold
Premium
Sold
Aug 11, 2020 Listed by Daniel Gale Sothebys Intl Rlty $1,595,000
Listed by Daniel Gale Sothebys Intl Rlty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • 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: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,904
  • Total Building Area: 624
  • Building Area: 624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002018
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 015

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518501

Geography

  • District: 282489
  • Section: 17
  • Parcel: 17-011-00-0162
  • Block: 11
  • Lot: 162
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7962
  • Longitude: -73.5536

    Address

  • Full Address: 508 Cedar Swamp Rd
  • Address - House Number: 508
  • Address - Street Name: Cedar Swamp
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Jericho
  • Carrier Code: C006
  • 4-Digit Zip Code: 1225
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,297,364
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 640

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,318,374
  • High Value: 1,550,858
  • Low Value: 1,085,891

    Market Valuation

  • Market Total Value: $859,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $859
  • Assessed Land Value: $859

    Sales

  • Current Sale Contract Date: Dec 12, 2012
  • Current Sale Recording Date: Dec 26, 2012
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012122600337
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 Jericho

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$595

Below Asking

0.02%

Average Days on Market

87

Average Home Size

2825 ft²

Average Home Age

50.3 years

Currently For Sale

43 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 44 Bruce Lane, Westbury, NY, 11590

$6,800 /mo

  • 4 Beds
  • 3 Baths
  • 1,816 ft²
44 Bruce Lane, Westbury, NY, 11590 Listing by Shirley Y. Chen
Unit for rent at 74 Rockland Drive, Jericho, NY, 11753

$6,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,384 ft²
74 Rockland Drive, Jericho, NY, 11753 Listing by Dian Xiang Chen
Unit for rent at 25 Cumberland Road, Jericho, NY, 11753

$6,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,200 ft²
25 Cumberland Road, Jericho, NY, 11753 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 508 Cedar Swamp Road built and last sold?
The property at 508 Cedar Swamp Road was built in 1955 and last sold on Dec 12, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 508 Cedar Swamp Road is $0.
What are some comparable homes to 508 Cedar Swamp Road?
There are currently no comparable homes to 508 Cedar Swamp Road.
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