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Oyster Bay Cove 11791 Oyster Bay Cove
61 Sabine Road
$1,500,000
● House - Off Market

61 Sabine Road

Oyster Bay, NY 11791
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,900 Ft²
$1,567,298
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Oyster Bay Cove!  Beautiful 2-acre Opportunity to make the home of your dreams! Flexible And Functional Layout. Modern Ranch With Master Bath. Finished Walk-Out Lower Level With Ose, Gym, Media Room, Craft Area. Oversized Gunite Heated Pool/Stone Patio, Tennis, Generator., Additional information: ExterioFeatures:Tennis
Unit Size
3,900 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$385
Property Type
House
Property Taxes
$3,513
HOA Dues
-
Year Built
1976

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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: 6 months ago (OneKey MLS #KEYL3439822)

Price History

Date / Event Date Event Price
Feb 6, 2023 Sold
Premium
Sold
Dec 24, 2022 In contract -
In contract
Dec 15, 2022 Sold
Premium
Sold
Oct 27, 2022 Listed by HomeLink Homes LLC $1,499,999
Listed by HomeLink Homes LLC
Oct 10, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 3,879
  • Building Area: 3,879
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,879
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 012

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 012
  • School Tax District Code 2: OC
  • Census Tract: 518201

Geography

  • District: 282419
  • Section: 25
  • Parcel: 25-C01-00-1058
  • Block: C01
  • Lot: 1058
  • Municipality: OYSTER BAY COVE
  • Latitude: 40.8438
  • Longitude: -73.4953

    Address

  • Full Address: 61 Sabine Rd
  • Address - House Number: 61
  • Address - Street Name: Sabine
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Syosset
  • Carrier Code: C026
  • 4-Digit Zip Code: 1107
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,981,558
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 531

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 1,917,704
  • High Value: 2,251,997
  • Low Value: 1,583,410

    Market Valuation

  • Market Total Value: $1,472,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,472
  • Assessed Land Value: $722
  • Assessed Improvements Value: $750

    Sales

  • Current Sale Contract Date: Feb 02, 2023
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-11317
  • Previous Sale Recording Date: Dec 15, 2022
  • Previous Sale Contract Date: Nov 23, 2022
  • Previous Sale Amount: $1,553,601
  • Previous Sale Document Type: 12
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 Oyster Bay Cove

Stats & Trends

Median Asking:

$2,518,000

Sale Price/ft²

$537

Below Asking

0.04%

Average Days on Market

103

Average Home Size

5307 ft²

Average Home Age

46.8 years

Currently For Sale

6 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 49 Miller Boulevard, Syosset, NY, 11791

$8,800 /mo

  • 4 Beds
  • 3 Baths
  • 1,903 ft²
49 Miller Boulevard, Syosset, NY, 11791 Listing by Laura Yitzu Chen
Unit for rent at 22 Cedar Street, Syosset, NY, 11791

$5,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,825 ft²
22 Cedar Street, Syosset, NY, 11791 Listing by Shahid Satti
Unit for rent at 14 Willis Ave, Syosset, NY, 11791

$2,970 /mo

  • 1 Bed
  • 1 Bath
  • 915 ft²
14 Willis Ave, Syosset, NY, 11791 Listing by John Danzig

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 61 Sabine Road built and last sold?
The property at 61 Sabine Road was built in 1976 and last sold on Feb 2, 2023 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 61 Sabine Road is $1,522,504.
What are some comparable homes to 61 Sabine Road?
There are currently no comparable homes to 61 Sabine Road.
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