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Lynbrook 11563 Lynbrook
68 Lawrence Avenue
$595,000
● House - Off Market

68 Lawrence Avenue

Lynbrook, NY 11563
bedrooms
5 Beds
bathrooms
2 Baths
$723,563
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

**** Welcome To 68 Lawrence Ave!****Perfect For Mother/Daughter W/ Proper Permits. This Large and Spacious Hi-Ranch Features 5 Bedrooms and 2 Full Baths. Main Level Includes 2 Bedrooms/ 1 Full Bath/ EIK And Private Side Entrance.  2nd Level Of The Home Includes Large Extended Kitchen W/ Skylight/Formal Dining Room Perfect For Family Gatherings And Formal Living Room W/Hardwood Floors And Vaulted Ceilings/ Tons Of Natural Light/ Large Master Bedroom W/Double Closet And Private Balcony/2 Additional Bedrooms/ 1 Full Bath.
Unit Size
-
Days on Market
178 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,390
HOA Dues
-
Year Built
1979

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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: 3 years ago (OneKey MLS #ONE3266256)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Feb 15, 2021 In contract -
In contract
Nov 3, 2020 Listed by Century 21 American Homes $595,000
Listed by Century 21 American Homes
Sep 2, 2020 No longer available -
No longer available
Mar 9, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • 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: 3
  • Basement Area: 905
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,188
  • Building Area: 2,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,188
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 012

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: LYN
  • Census Tract: 412000

Geography

  • District: 282025
  • Section: 38
  • Parcel: 38-059-00-0003
  • Block: 59
  • Lot: 3
  • Municipality: LYNBROOK
  • Latitude: 40.664
  • Longitude: -73.662

    Address

  • Full Address: 68 Lawrence Ave
  • Address - House Number: 68
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lynbrook
  • Carrier Code: C013
  • 4-Digit Zip Code: 1939
  • Zip Code: 11563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,127,382
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1598
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 80
  • Final Value: 675,133
  • High Value: 783,053
  • Low Value: 567,213

    Market Valuation

  • Market Total Value: $520,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520
  • Assessed Land Value: $174
  • Assessed Improvements Value: $346

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-062795
  • Previous Sale Recording Date: Jun 11, 2007
  • Previous Sale Contract Date: May 24, 2007
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 27
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 Lynbrook

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1512 ft²

Average Home Age

81.8 years

Currently For Sale

36 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 31 Cail Drive, East Rockaway, NY, 11518

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,539 ft²
31 Cail Drive, East Rockaway, NY, 11518 Listing by Sara Abikzer
Unit for rent at 1049 Owasco Road, West Hempstead, NY, 11552

$6,500 /mo

  • 5 Beds
  • 4 Baths
  • 2,258 ft²
1049 Owasco Road, West Hempstead, NY, 11552 Listing by Amanda G. Saparito

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 68 Lawrence Avenue built and last sold?
The property at 68 Lawrence Avenue was built in 1979 and last sold on Apr 30, 2021 for $595,000.
How much is this home worth?
The estimated value of the home located at 68 Lawrence Avenue is $600,950.
What are some comparable homes to 68 Lawrence Avenue?
There are currently no comparable homes to 68 Lawrence Avenue.
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