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Coram 11727 Coram
7 Wellsley Lane
$700,000
● House - Off Market

7 Wellsley Lane

Brookhaven, NY 11727
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,800 Ft²
$4,584
Est. Monthly
14.33%
Cap Rate

About This Property

Check out this stunning Five bedroom Colonial, in a beautiful community! Featuring a spacious second story, this home offers ample living space, modern amenities, and a charming classic design.  Low electric bills with the solar panels. Nice pond in the back to sit around on beautiful evenings.
Unit Size
2,800 Ft²
Days on Market
209 days
Land Size
0.40 acres
Price per sqft
$250
Property Type
House
Property Taxes
$1,151
HOA Dues
-
Year Built
1968

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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 #KEYL3568424)

Price History

Date / Event Date Event Price
Feb 27, 2025 Sold
Premium
Sold
Jul 26, 2024 Listed by EXP Realty $699,000
Listed by EXP Realty
Jul 2, 2021 Sold
Premium
Sold
May 14, 2021 Sold
Premium
Sold
Feb 11, 2021 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 2,796
  • Building Area: 2,796
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,796
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TANGLEWOOD HILLS
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: TANGLEWOOD HILLS 5241 SEC 7 537

Neighborhood

  • School District Name: Middle Country Central School District
  • School Tax School District: MIDDLE COUNTRY
  • Census Tract: 158319

Geography

  • Assessors Map Reference: MAP 5805241
  • Account Number: 00005860934
  • District: 0200-3
  • Section: 313.00
  • Parcel: 0200-313.00-02.00-001.000
  • Block: 2
  • Lot: 1.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.898
  • Longitude: -73.0302

    Address

  • Full Address: 7 Wellsley Ln
  • Address - House Number: 7
  • Address - Street Name: Wellsley
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Coram
  • Carrier Code: C003
  • 4-Digit Zip Code: 1008
  • Zip Code: 11727

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472211

    Appraisal Valuation

  • Standard Deviation: 0.2587
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 676,668
  • High Value: 851,737
  • Low Value: 501,598

    Market Valuation

  • Market Total Value: $5,463
  • Market Land Value: $602
  • Market Improvement Value: $4,861

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,950
  • Assessed Land Value: $325
  • Assessed Improvements Value: $2,625

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 15, 1999
  • Previous Sale Contract Date: Jul 02, 1999
  • Previous Sale Amount: $175,000
  • 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 Coram

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$328

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1569 ft²

Average Home Age

46.6 years

Currently For Sale

98 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

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 Wellsley Lane built and last sold?
The property at 7 Wellsley Lane was built in 1968 and last sold on May 14, 2021 for $549,000.
How much is this home worth?
The estimated value of the home located at 7 Wellsley Lane is $705,990.
What are some comparable homes to 7 Wellsley Lane?
There are currently no comparable homes to 7 Wellsley Lane.
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