by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
Check Availability
Plainedge 11714 Plainedge
8 Reading Lane
Photo of 8 Reading Lane

9

Map

Photo of 8 Reading Lane
Photo of 8 Reading Lane
$550,000
● House - In Contract

8 Reading Lane

Oyster Bay, NY 11714
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,008 Ft²
$3,653
Est. Monthly
10.28%
Cap Rate

About This Property

6 Rooms include 3 Bedrooms, Den, Livingroom, 1.5 Baths, Kitchen and  Garage. Plainedge School Disctrict. Low Taxes. Needs TLC. Great Investment Property.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$546
Property Type
House
Property Taxes
$952
HOA Dues
-
Year Built
1951

Listed By

Nancy Karp
[email protected]
Realty Connect USA LLC
Nelson Chua
[email protected]
Realty Connect USA LLC

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 months ago (OneKey MLS #KEY892260)

Price History

Date / Event Date Event Price
Sep 6, 2025 In contract -
In contract
Jul 22, 2025 Listed by BH&G R E Realty Connect $550,000
Listed by BH&G R E Realty Connect
Jun 11, 2020 Sold
Premium
Sold
Mar 17, 2020 No longer available -
No longer available
Mar 14, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: First Floor Bedroom, Galley Type Kitchen
Appliances: Cooktop, Refrigerator
Rooms: 6
Exterior Details
Square Footage: 1008
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1951
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Area: 5400
Lot Size Units: Square Feet
Lot Size Acres: 0.124
Lot Size Square Feet: 5400
Lot Size Dimensions: 47x100/irr
Water Source: Public
Financial Details
Tax Annual Amount: $11,426
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARGE ACRES
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 018

Neighborhood

  • School District Name: Plainedge Union Free School District
  • School Tax School District: 018
  • Census Tract: 520300

Geography

  • District: 282489
  • Section: 49
  • Parcel: 49-203-00-0009
  • Block: 203
  • Lot: 9
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7183
  • Longitude: -73.4814

    Address

  • Full Address: 8 Reading Ln
  • Address - House Number: 8
  • Address - Street Name: Reading
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Bethpage
  • Carrier Code: C019
  • 4-Digit Zip Code: 6313
  • Zip Code: 11714

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,303,546
  • Tax Rate Code Area: 549

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 540,157
  • High Value: 627,323
  • Low Value: 452,991

    Market Valuation

  • Market Total Value: $407,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407
  • Assessed Land Value: $233
  • Assessed Improvements Value: $174

    Sales

  • Current Sale Contract Date: Jun 11, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-053148

    Financing

  • First Mortgage Financing Type: FIX
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 Plainedge

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$500

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1889 ft²

Average Home Age

63 years

Currently For Sale

9 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 153 Sunrise Lane, Levittown, NY, 11756

$6,000 /mo

  • 6 Beds
  • 3 Baths
  • 2,184 ft²
153 Sunrise Lane, Levittown, NY, 11756 Listing by William Soundias
Unit for rent at 201 Sprucewood Drive, Levittown, NY, 11756

$5,500 /mo

  • 5 Beds
  • 2 Baths
  • 1,900 ft²
201 Sprucewood Drive, Levittown, NY, 11756 Listing by Priscilla Chan-Ho

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Reading Lane built and last sold?
The property at 8 Reading Lane was built in 1951 and last sold on Jun 11, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 8 Reading Lane is $538,718.
What are some comparable homes to 8 Reading Lane?
There are currently no comparable homes to 8 Reading Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Plainedge Homes for Sale
Plainedge Houses for Sale
Plainedge Condos for Sale
Plainedge Homes with Basements
Plainedge Homes with Pools
Plainedge Homes with Parking
Plainedge Homes with Garages
Plainedge Homes with a View
Nearby Cities
Levittown Homes for Sale
North Massapequa Homes for Sale
Bethpage Homes for Sale
South Farmingdale Homes for Sale
North Wantagh Homes for Sale
Farmingdale Homes for Sale
Old Bethpage Homes for Sale
Nearby Property Records
Nassau County, NY Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Westchester County, NY Property Records
Bergen County, NJ Property Records
Fairfield County, CT Property Records
Rockland County, NY Property Records
Essex County, NJ Property Records
Top Real Estate Agents
Top Agents in Plainedge
Top Agents in Levittown
Top Agents in 11756
Top Agents in 11735
Top Agents in 11714
Top Agents in North Massapequa
Top Agents in Bethpage
Top Agents in South Farmingdale