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Plainview 11803 Plainview
83 Phipps Lane
Photo of 83 Phipps Lane
Sold on Nov 8, 2024

29

Map

Photo of 83 Phipps Lane
Photo of 83 Phipps Lane
$970,000
● House - Off Market

83 Phipps Lane

Oyster Bay, NY 11803
bedrooms
3 Beds
bathrooms
2 Baths
$6,398
Est. Monthly

About This Property

Step Into this Immaculate Home in the Woodbury Hills Section of Plainview.  A Renovated Open Kitchen with Top-of-the-Line Appliances and Radiant Heated Floors Seamlessly Connects to the Dining Room, Flooded with Natural Light, Creating an Inviting Space for Gatherings and Everyday Living. The Inviting Trex Deck and Belgian Block Patio Overlook a Meticulously Manicured and Private Backyard, Perfect for Relaxation and Entertaining. Inside, the Home is Move-in Ready, Featuring Renovated Full baths, Beautifully Polished Wood Floors, and a Cozy Den with Brand New Carpet. Spacious Office/Bedroom in Lower Level. Situated in an Ideal Neighborhood Location, this Home also Boasts New Uilities and a New Air Conditioner. Plainview-Old Bethpage Schools. Close to Schools, Transportation, Shops, etc. Taxes Aren't Grieved. Don't Miss Out on this Amazing Opportunity!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
101 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,541
HOA Dues
-
Year Built
1951

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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: 2 years ago (OneKey MLS #KEYL3569134)

Price History

Date / Event Date Event Price
Nov 8, 2024 Sold
Premium
Sold
Sep 17, 2024 In contract -
In contract
Aug 18, 2024 Relisted $989,000
Relisted
Aug 13, 2024 In contract -
In contract
Jul 30, 2024 Listed by Compass Greater NY LLC $989,000
Listed by Compass Greater NY LLC
Step Into this Immaculate Home in the Woodbury Hills Section of Plainview. A Renovated Open Kitchen with Top-of-the-Line Appliances and Radiant Heated Floors Seamlessly Connects to the Dining Room, Flooded with Natural Light, Creating an Inviting Space for Gatherings and Everyday Living. The Inviting Trex Deck and Belgian Block Patio Overlook a Meticulously Manicured and Private Backyard, Perfect for Relaxation and Entertaining. Inside, the Home is Move-in Ready, Featuring Renovated Full baths, Beautifully Polished Wood Floors, and a Cozy Den with Brand New Carpet. Spacious Office/Bedroom in Lower Level. Situated in an Ideal Neighborhood Location, this Home also Boasts New Uilities and a New Air Conditioner. Plainview-Old Bethpage Schools. Close to Schools, Transportation, Shops, etc. Taxes Aren't Grieved. Don't Miss Out on this Amazing Opportunity!
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 216
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 019

Neighborhood

  • School District Name: Plainview-Old Bethpage Central School District
  • School Tax School District: 019
  • Census Tract: 519703

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-557-00-0012
  • Block: 557
  • Lot: 12
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7869
  • Longitude: -73.4871

    Address

  • Full Address: 83 Phipps Ln
  • Address - House Number: 83
  • Address - Street Name: Phipps
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Plainview
  • Carrier Code: C013
  • 4-Digit Zip Code: 2937
  • Zip Code: 11803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,774,820
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 69
  • Final Value: 805,635
  • High Value: 984,937
  • Low Value: 626,334

    Market Valuation

  • Market Total Value: $632,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $632
  • Assessed Land Value: $308
  • Assessed Improvements Value: $324

    Sales

  • Current Sale Contract Date: Dec 23, 1999
  • Current Sale Recording Date: Feb 03, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 200002031755

    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 Plainview

Stats & Trends

Median Asking:

$968,000

Sale Price/ft²

$561

Above Asking

0.00%

Average Days on Market

85

Average Home Size

2278 ft²

Average Home Age

53.2 years

Currently For Sale

34 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 14 Hicks Avenue, Syosset, NY, 11791

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,071 ft²
14 Hicks Avenue, Syosset, NY, 11791 Listing by Batul N. Morbi GRI
Unit for rent at 35 Main Parkway, Plainview, NY, 11803

$9,800 /mo

  • 5 Beds
  • 3 Baths
  • 3,050 ft²
35 Main Parkway, Plainview, NY, 11803 Listing by Jennifer A. Sneag
Unit for rent at 3 Pond Ridge Road, Woodbury, NY, 11797

$9,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,323 ft²
3 Pond Ridge Road, Woodbury, NY, 11797 Listing by Xiaofang Shen

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 83 Phipps Lane built and last sold?
The property at 83 Phipps Lane was built in 1951 and last sold on Dec 23, 1999 for $350,000.
How much is this home worth?
The estimated value of the home located at 83 Phipps Lane is $998,890.
What are some comparable homes to 83 Phipps Lane?
There are currently no comparable homes to 83 Phipps Lane.
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