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Jericho 11753 Jericho
61 Old Cedar Swamp Road
$730,000
● House - Off Market

61 Old Cedar Swamp Road

Oyster Bay, NY 11753
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,449 Ft²
$1,416,251
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Charming And Elegant Colonial House Overlooking Jericho High School, Beautiful Hardwood Floors Throughout, Magnificent And Bright Circular Sunroom, Eat-In Kitchen With Stainless Steel Appliances And Granite Countertop, Well-Maintained Landscaped Property Set On An Half-Acre, Very Convenient Location, Additional information: Appearance:Exellent
Unit Size
2,449 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$326
Property Type
House
Property Taxes
$1,626
HOA Dues
-
Year Built
1933

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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 #KEYL2758953)

Price History

Date / Event Date Event Price
Nov 9, 2015 Sold
Premium
Sold
Sep 25, 2015 Sold
Premium
Sold
May 1, 2015 Listed by Lex Realty $798,000
Listed by Lex Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,420
  • Building Area: 2,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • 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: 16
  • Parcel: 16-00C-00-0040
  • Block: C
  • Lot: 40
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7981
  • Longitude: -73.5443

    Address

  • Full Address: 61 Old Cedar Swamp Rd
  • Address - House Number: 61
  • Address - Street Name: Old Cedar Swamp
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Jericho
  • Carrier Code: C006
  • 4-Digit Zip Code: 1201
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,902,055
  • Tax Rate Code Area: 640

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 1,120,517
  • High Value: 1,310,437
  • Low Value: 930,597

    Market Valuation

  • Market Total Value: $784,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $784
  • Assessed Land Value: $374
  • Assessed Improvements Value: $410

    Sales

  • Current Sale Contract Date: Aug 25, 2015
  • Current Sale Recording Date: Nov 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201500022722
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:

$1,298,888

Sale Price/ft²

$595

Below Asking

0.02%

Average Days on Market

92

Average Home Size

2780 ft²

Average Home Age

54.2 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 28 Fern Drive, Jericho, NY, 11753

$9,900 /mo

  • 5 Beds
  • 4 Baths
  • 4,000 ft²
28 Fern Drive, Jericho, NY, 11753 Listing by Lina Shi RENE
Unit for rent at 7 Foran Place, Hicksville, NY, 11801

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 767 ft²
7 Foran Place, Hicksville, NY, 11801 Listing by Adam Frank MRP
Unit for rent at 4 Willow Place, Hicksville, NY, 11801

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,264 ft²
4 Willow Place, Hicksville, NY, 11801 Listing by Sarika Gera CBR

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 61 Old Cedar Swamp Road built and last sold?
The property at 61 Old Cedar Swamp Road was built in 1933 and last sold on Aug 25, 2015 for $730,000.
How much is this home worth?
The estimated value of the home located at 61 Old Cedar Swamp Road is $831,703.
What are some comparable homes to 61 Old Cedar Swamp Road?
There are currently no comparable homes to 61 Old Cedar Swamp Road.
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