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Upper Brookville 11545 Upper Brookville
7 Carol Lane
$950,000
● House - Off Market

7 Carol Lane

Oyster Bay, NY 11545
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,211 Ft²
$2,028,470
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Motivated Seller!  Private 2 Acre Property In Upper Brookville In Lovely Cul De Sac. Perfect For Buyer Who Wants Spacious Home With Beautiful Surroundings And Who Wants To Renovate. Builders Would Be Interested Also To Build Custom Home. 6 Bedrooms, 4.5 Bathrooms, Lr With Stone Fire Place And Vaulted Ceilings And 7 Sky Lights Throughout., Additional information: Separate Hotwater Heater:Y
Unit Size
5,211 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$229
Property Type
House
Property Taxes
$2,228
HOA Dues
-
Year Built
1983

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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 #KEYL2799500)

Price History

Date / Event Date Event Price
May 17, 2021 Sold
Premium
Sold
Mar 1, 2021 In contract -
In contract
Jan 11, 2021 Listed by Compass Greater NY LLC $2,250,000
Listed by Compass Greater NY LLC
Jun 29, 2016 Sold
Premium
Sold
Sep 26, 2015 Listed by LAFFEY FINE HOMES $1,195,000
Listed by LAFFEY FINE HOMES

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 3
  • Building Quality: 3
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 638
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10
  • Location Influence Type: 4

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 5,211
  • Building Area: 5,211
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,211
  • 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 003

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 003
  • School Tax District Code 2: UB
  • Census Tract: 517701

Geography

  • District: 282427
  • Section: 18
  • Parcel: 18-00A-00-0981
  • Block: A
  • Lot: 981
  • Municipality: UPPER BROOKVILLE
  • Latitude: 40.8232
  • Longitude: -73.5798

    Address

  • Full Address: 7 Carol Ln
  • Address - House Number: 7
  • Address - Street Name: Carol
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Glen Head
  • Carrier Code: C015
  • 4-Digit Zip Code: 2916
  • Zip Code: 11545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,645,374
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 511

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 77
  • Final Value: 2,249,594
  • High Value: 2,637,860
  • Low Value: 1,861,329

    Market Valuation

  • Market Total Value: $1,435,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,435
  • Assessed Land Value: $882
  • Assessed Improvements Value: $553

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-074180
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $950,000
  • 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 Upper Brookville

Stats & Trends

Median Asking:

$3,497,500

Sale Price/ft²

$661

Below Asking

0.01%

Average Days on Market

91

Average Home Size

6500 ft²

Average Home Age

35.3 years

Currently For Sale

15 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 1719 Cedar Swamp Road, Brookville, NY, 11545

$10,000 /mo

  • 6 Beds
  • 4 Baths
  • 3,031 ft²
1719 Cedar Swamp Road, Brookville, NY, 11545 Listing by George Gatt
Unit for rent at 953 Ripley Lane, Oyster Bay, NY, 11771

$3,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
953 Ripley Lane, Oyster Bay, NY, 11771 Listing by Donna M. Scala 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 7 Carol Lane built and last sold?
The property at 7 Carol Lane was built in 1983 and last sold on May 17, 2021 for $2,300,000.
How much is this home worth?
The estimated value of the home located at 7 Carol Lane is $2,272,500.
What are some comparable homes to 7 Carol Lane?
There are currently no comparable homes to 7 Carol Lane.
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