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Massapequa 11758 Massapequa
75 Cherry Street
$770,000
● House - Off Market

75 Cherry Street

Oyster Bay, NY 11758
bedrooms
4 Beds
bathrooms
3 Baths
$746,956
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to this meticulously, well kept 100 x 101 corner property . Spacious split features 4 bedrooms, 3 full baths with living room/dining area/EIK with 4' x 19.5' sunroom with seven skylights, sliding glass doors to the 30' x 30' wood deck. Great house for entertaining!, Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
83 days
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,179
HOA Dues
-
Year Built
1954

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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 #KEYL3472817)

Price History

Date / Event Date Event Price
Jul 13, 2023 Sold
Premium
Sold
May 15, 2023 In contract -
In contract
May 15, 2023 Relisted $749,000
Relisted
Apr 28, 2023 In contract -
In contract
Apr 21, 2023 Listed by C21 Verdeschi & Walsh Realty $749,000
Listed by C21 Verdeschi & Walsh Realty
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 2
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 478
  • Garage Type: 7
  • Garage Square Area: 210
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 10,977
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,993
  • Gross Building Area: 1,993
  • Building Area: 1,993
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,993
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000252
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • Legal Description 1: TOWN #3 SCH DIST 023

Neighborhood

  • School District Name: Massapequa Union Free School District
  • School Tax School District: 023
  • Census Tract: 521301

Geography

  • District: 282489
  • Section: 57
  • Parcel: 57-191-00-0087
  • Block: 191
  • Lot: 87-91
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.672
  • Longitude: -73.4748

    Address

  • Full Address: 75 Cherry St
  • Address - House Number: 75
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: NY
  • City Name: Massapequa
  • Carrier Code: C034
  • 4-Digit Zip Code: 5118
  • Zip Code: 11758

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,287,970
  • Tax Rate Code Area: 557

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 738,709
  • High Value: 863,371
  • Low Value: 614,046

    Market Valuation

  • Market Total Value: $513,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513
  • Assessed Land Value: $239
  • Assessed Improvements Value: $274

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-45102
  • Previous Sale Recording Date: May 01, 1996
  • Previous Sale Contract Date: Apr 19, 1996
  • Previous Sale Amount: $245,000
  • 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 Massapequa

Stats & Trends

Median Asking:

$898,800

Sale Price/ft²

$505

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2423 ft²

Average Home Age

53.3 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

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$4,200 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
3914 Waverly Avenue #2, Seaford, NY, 11783 Listing by Jamie Pastorelli CBR
Unit for rent at 3874 Jerusalem Avenue, Seaford, NY, 11783

$5,200 /mo

  • 3 Beds
  • 1 Bath
3874 Jerusalem Avenue #MAINFL, Seaford, NY, 11783 Listing by Linda Vricella
Unit for rent at 4025 Boston Avenue, Seaford, NY, 11783

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,658 ft²
4025 Boston Avenue, Seaford, NY, 11783 Listing by Patricia L. Ruh

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 75 Cherry Street built and last sold?
The property at 75 Cherry Street was built in 1954 and last sold on Jul 13, 2023 for $770,000.
How much is this home worth?
The estimated value of the home located at 75 Cherry Street is $756,490.
What are some comparable homes to 75 Cherry Street?
There are currently no comparable homes to 75 Cherry Street.
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