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Massapequa 11758 Massapequa
59 Cedar Street
Photo of 59 Cedar Street
Sold on Jun 22, 2026

33

Map

Photo of 59 Cedar Street
Photo of 59 Cedar Street
$940,000
● House - Off Market

59 Cedar Street

Oyster Bay, NY 11758
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,983 Ft²
$5,506
Est. Monthly

About This Property

Classic Mid Century Split Level ideally located along the south shore of Long Island in Massapequa. Warm, well lit living room, formal dining room and eat in kitchen. Sliding doors allow easy access to the deck off the kitchen. Three generously sized bedrooms, two full baths. Lower level family room with wood burning fireplace, laundry room and outside entrance to the backyard . Walk up attic from the second floor and bonus space in the basement as well as additional storage in the utility room. Conveniently located for easy access to public transportation (less than one hour to Manhattan and Brooklyn on the Long Island Rail Road), shopping, restaurants, boating, beaches and all the best Long Island's South Shore has to offer. Welcome home.
Unit Size
1,983 Ft²
Days on Market
102 days
Land Size
0.18 acres
Price per sqft
$441
Property Type
House
Property Taxes
$1,209
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 #KEY967106)

Price History

Date / Event Date Event Price
Jun 22, 2026 Sold
Premium
Sold
Apr 8, 2026 In contract -
In contract
Mar 19, 2026 In contract -
In contract
Mar 4, 2026 Listed by Douglas Elliman Real Estate $875,000
Listed by Douglas Elliman Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 661
  • Garage Type: 7
  • Garage Square Area: 210
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,983
  • Building Area: 1,983
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,983
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 023

Neighborhood

  • School District Name: Massapequa Union Free School District
  • School Tax School District: 023
  • Census Tract: 521301

Geography

  • District: 282489
  • Section: 57
  • Parcel: 57-193-00-0011
  • Block: 193
  • Lot: 11-14
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.6705
  • Longitude: -73.4757

    Address

  • Full Address: 59 Cedar St
  • Address - House Number: 59
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: NY
  • City Name: Massapequa
  • Carrier Code: C034
  • 4-Digit Zip Code: 5726
  • Zip Code: 11758

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,220,306
  • Tax Rate Code Area: 557

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 732,593
  • High Value: 850,813
  • Low Value: 614,374

    Market Valuation

  • Market Total Value: $537,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $537
  • Assessed Land Value: $208
  • Assessed Improvements Value: $329

    Exemptions

  • Homeowner Exemption: Yes
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 Massapequa

Stats & Trends

Median Asking:

$898,900

Sale Price/ft²

$504

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2488 ft²

Average Home Age

53 years

Currently For Sale

32 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 3874 Jerusalem Avenue, Seaford, NY, 11783

$5,200 /mo

  • 3 Beds
  • 1 Bath
3874 Jerusalem Avenue #MAINFL, Seaford, NY, 11783 Listing by Linda Vricella
Unit for rent at 4025 Boston Avenue, Seaford, NY, 11783

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,658 ft²
4025 Boston Avenue, Seaford, NY, 11783 Listing by Patricia L. Ruh
Unit for rent at 37 Crescent Cove Circle, Seaford, NY, 11783

$9,900 /mo

  • 6 Beds
  • 5 Baths
  • 4,165 ft²
37 Crescent Cove Circle, Seaford, NY, 11783 Listing by Anna Beigelman

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 59 Cedar Street built and last sold?
The property at 59 Cedar Street was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 59 Cedar Street is $892,689.
What are some comparable homes to 59 Cedar Street?
There are currently no comparable homes to 59 Cedar Street.
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