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Mount Sinai 11766 Mount Sinai
8 Cherry Lane
$885,000
● House - Off Market

8 Cherry Lane

Brookhaven, NY 11766
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,828 Ft²
$875,900
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Stunning 5 bedroom in Mount Sinai School District! As you pull up the quiet and private Cherry Lane you are greeted by this beautiful home that sits atop artfully designed grounds. You will be captivated by the 16-foot ceilings in the foyer and spacious living room. The renovated kitchen features custom cabinetry, granite countertops and marble backsplash. The kitchen is open to the breakfast area and family room - an entertainer's dream! There is also a formal dining room with tray ceilings and charming bay window. On the second floor the vast primary suite is complete with custom walk-in closet and brand new ensuite bathroom. The second floor also has 3 spacious bedrooms and a full bathroom. The landscape designer carefully crafted the backyard and it has grown into a serene oasis with in-ground pool. On the first floor there is also a bonus guest area or office with an additional bedroom and full bathroom. The basement makes the perfect home gym with access to the 2-car garage.
Unit Size
3,828 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$217
Property Type
House
Property Taxes
$1,605
HOA Dues
-
Year Built
2000

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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: 4 months ago (OneKey MLS #KEYL3414116)

Price History

Date / Event Date Event Price
Feb 21, 2023 Sold
Premium
Sold
Nov 2, 2022 Sold
Premium
Sold
Jul 28, 2022 In contract -
In contract
Jul 7, 2022 Listed by Compass Greater NY LLC $830,000
Listed by Compass Greater NY LLC
Feb 19, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 11
  • 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: 9
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 3,868
  • Building Area: 3,868
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,868
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MT SINAI
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N MATHESON T-110 E JASKOLSKI S MT SINAI HILLS W MATHESON

Neighborhood

  • School District Name: Mount Sinai Union Free School District
  • School Tax School District: MOUNT SINAI
  • Census Tract: 158205

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008711967
  • District: 0200-0
  • Section: 66.00
  • Parcel: 0200-066.00-02.00-006.003
  • Block: 2
  • Lot: 6.003
  • Municipality: BROOKHAVEN
  • Latitude: 40.9475
  • Longitude: -73.0402

    Address

  • Full Address: 8 Cherry Ln
  • Address - House Number: 8
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Mount Sinai
  • Carrier Code: R006
  • 4-Digit Zip Code: 1407
  • Zip Code: 11766

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472207

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 808,222
  • High Value: 924,822
  • Low Value: 691,622

    Market Valuation

  • Market Total Value: $9,259
  • Market Land Value: $370
  • Market Improvement Value: $8,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $200
  • Assessed Improvements Value: $4,800

    Sales

  • Current Sale Contract Date: Nov 02, 2022
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 19, 2004
  • Previous Sale Contract Date: Jan 14, 2004
  • Previous Sale Amount: $568,000
  • 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 Mount Sinai

Stats & Trends

Median Asking:

$787,000

Sale Price/ft²

$363

Below Asking

0.01%

Average Days on Market

81

Average Home Size

2516 ft²

Average Home Age

61 years

Currently For Sale

24 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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$2,700 /mo

  • 1 Bed
  • 1 Bath
  • 633 ft²
126 E Main Street #B, Port Jefferson, NY, 11777 Listing by Michael A. Omedes
Unit for rent at 74 Clifton Place, Port Jefferson Station, NY, 11776

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,302 ft²
74 Clifton Place, Port Jefferson Station, NY, 11776 Listing by William Chavis
Unit for rent at 16 Sylvan Lane, Port Jefferson Station, NY, 11776

$2,565 /mo

  • 1 Bed
  • 1 Bath
  • 566 ft²
16 Sylvan Lane #16, Port Jefferson Station, NY, 11776 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Cherry Lane built and last sold?
The property at 8 Cherry Lane was built in 2000 and last sold on Nov 2, 2022 for $885,000.
How much is this home worth?
The estimated value of the home located at 8 Cherry Lane is $844,005.
What are some comparable homes to 8 Cherry Lane?
There are currently no comparable homes to 8 Cherry Lane.
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