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Syosset 11791 Syosset
9 Florence Drive
$1,500,000
● House - Off Market

9 Florence Drive

Oyster Bay, NY 11791
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
$7,366
Est. Monthly

About This Property

TO BE BUILT!! Premier Syosset Builder! Beautiful New Construction In Syosset Groves. South Grove Elementary. 6 Bedrooms, 4 & 1/2 Baths With Hardwood Floors. 9' Ft Ceiling On First Fl. 1st Floor-Eat In Kitchen W/Island, Living Rm, Formal Dining Rm, Full Bath, 1/2 Bath, Great Rm W/ Gas Fireplace And Bedroom/Office. 2nd Floor- Master W/EnSuite, 4 Additional Bedrooms, 2 Full Baths, Laundry. Photo's Shown Are NOT EXACT. FOR BUILDER'S WORKMANSHIP ONLY!, Additional information: Appearance:NEW
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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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 #KEYL3461633)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Jan 4, 2024 Sold
Premium
Sold
Apr 10, 2023 Sold
Premium
Sold
Mar 17, 2023 In contract -
In contract
Mar 1, 2023 Listed by Signature Premier Properties $1,500,000
Listed by Signature Premier Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,153
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,077
  • Building Area: 1,077
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,077
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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: 15-116-00-0021
  • Block: 116
  • Lot: 21
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8036
  • Longitude: -73.5076

    Address

  • Full Address: 9 Florence Dr
  • Address - House Number: 9
  • Address - Street Name: Florence
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Syosset
  • Carrier Code: C015
  • 4-Digit Zip Code: 4818
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,577,713
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 811,187
  • High Value: 964,665
  • Low Value: 657,708

    Market Valuation

  • Market Total Value: $557,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557
  • Assessed Land Value: $425
  • Assessed Improvements Value: $132

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2024-00015019
  • Previous Sale Recording Date: Apr 10, 2023
  • Previous Sale Contract Date: Mar 31, 2023
  • Previous Sale Amount: $600,000
  • 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 Syosset

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$600

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2860 ft²

Average Home Age

47.9 years

Currently For Sale

38 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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$5,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,412 ft²
68 Jamaica Avenue, Plainview, NY, 11803 Listing by Lenix Lin
Unit for rent at 4 Willow Place, Hicksville, NY, 11801

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,264 ft²
4 Willow Place, Hicksville, NY, 11801 Listing by Sarika Gera CBR
Unit for rent at 7 Foran Place, Hicksville, NY, 11801

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 767 ft²
7 Foran Place, Hicksville, NY, 11801 Listing by Adam Frank MRP

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 9 Florence Drive built and last sold?
The property at 9 Florence Drive was built in 1955 and last sold on Jan 4, 2024 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 9 Florence Drive is $1,515,000.
What are some comparable homes to 9 Florence Drive?
There are currently no comparable homes to 9 Florence Drive.
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