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Syosset 11791 Syosset
88 Candy Lane
$1,260,000
● House - Off Market

88 Candy Lane

Oyster Bay, NY 11791
bedrooms
5 Beds
bathrooms
4 Baths
$1,977,865
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

2 Year Young New Construction With All The Bells & Whistles!  Upgrades Throughout Entire Home. 5 Bedroom, 4 Full Baths, Top Of The Line Appliances. Radiant Heated Bathroom Floors. Expertly Designed Home From Top To Bottom.  A Must See, Will Not Last !!!, Additional information: Appearance:Diamond ++,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$964
HOA Dues
-
Year Built
2016

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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: 6 months ago (OneKey MLS #KEYL3000252)

Price History

Date / Event Date Event Price
May 15, 2018 Sold
Premium
Sold
Jan 28, 2018 Listed by Signature Premier Properties $1,288,888
Listed by Signature Premier Properties
Mar 23, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,896
  • Building Area: 2,896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,896
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF SOUTHWOOD AT SYOSSET
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 014

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 014
  • Census Tract: 518700

Geography

  • District: 282489
  • Section: 15
  • Parcel: 15-100-00-0006
  • Block: 100
  • Lot: 6
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8083
  • Longitude: -73.5041

    Address

  • Full Address: 88 Candy Ln
  • Address - House Number: 88
  • Address - Street Name: Candy
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Syosset
  • Carrier Code: C015
  • 4-Digit Zip Code: 4912
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,134,051
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,322,972
  • High Value: 1,536,462
  • Low Value: 1,109,482

    Market Valuation

  • Market Total Value: $1,014,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,014
  • Assessed Land Value: $332
  • Assessed Improvements Value: $682

    Sales

  • Current Sale Contract Date: Apr 20, 2018
  • Current Sale Recording Date: May 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-042220
  • Previous Sale Recording Date: Mar 23, 2016
  • Previous Sale Contract Date: Feb 03, 2016
  • Previous Sale Amount: $980,000
  • Previous Sale Document Type: 12

    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 Syosset

Stats & Trends

Median Asking:

$1,244,444

Sale Price/ft²

$611

Below Asking

0.01%

Average Days on Market

91

Average Home Size

3002 ft²

Average Home Age

43 years

Currently For Sale

37 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 15 Pond Path, Woodbury, NY, 11797

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,009 ft²
15 Pond Path, Woodbury, NY, 11797 Listing by Frances Mazer CBR
Unit for rent at 207 Maytime Drive, Jericho, NY, 11753

$7,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,936 ft²
207 Maytime Drive, Jericho, NY, 11753 Listing by Cheryl M. Ackerman CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 88 Candy Lane built and last sold?
The property at 88 Candy Lane was built in 2016 and last sold on Apr 20, 2018 for $4,410,000.
How much is this home worth?
The estimated value of the home located at 88 Candy Lane is $1,301,777.
What are some comparable homes to 88 Candy Lane?
There are currently no comparable homes to 88 Candy Lane.
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