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Coram 11727 Coram
9 Folsom Lane
Photo of 9 Folsom Lane
Sold on Jul 25, 2022

20

Map

Photo of 9 Folsom Lane
Photo of 9 Folsom Lane
$660,000
● House - Off Market

9 Folsom Lane

Brookhaven, NY 11727
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,800 Ft²
$613,850
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Pride of ownership evident in this beautifully designed 5 bedroom, 3 bath colonial with open floor plan. Master bedroom with en suite master bath.  4 large additional bedrooms.  Two-story entry foyer, EIK with granite countertops, stainless steel appliances, gas fireplace. Fully fenced yard with in-ground sprinkler system, deck and freeform in-ground pool and stone fire pit is perfect for entertaining., Additional information: Appearance:Mint
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$214
Property Type
House
Property Taxes
$915
HOA Dues
-
Year Built
1972

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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 #KEYL3393128)

Price History

Date / Event Date Event Price
Feb 21, 2023 Sold
Premium
Sold
Jul 25, 2022 Sold
Premium
Sold
Apr 24, 2022 In contract -
In contract
Apr 21, 2022 Listed by Douglas Elliman Real Estate $599,999
Listed by Douglas Elliman Real Estate
Jun 27, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TANGLEWOOD FOREST
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: TANGLEWOOD FOREST 5476 SEC 3 205

Neighborhood

  • School District Name: Middle Country Central School District
  • School Tax School District: MIDDLE COUNTRY
  • Census Tract: 158116

Geography

  • Assessors Map Reference: MAP 5805476
  • Account Number: 00005855336
  • District: 0200-4
  • Section: 448.00
  • Parcel: 0200-448.00-05.00-008.000
  • Block: 5
  • Lot: 8.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.873
  • Longitude: -73.0211

    Address

  • Full Address: 9 Folsom Ln
  • Address - House Number: 9
  • Address - Street Name: Folsom
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Coram
  • Carrier Code: C008
  • 4-Digit Zip Code: 3316
  • Zip Code: 11727

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472211

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 588,927
  • High Value: 673,890
  • Low Value: 503,964

    Market Valuation

  • Market Total Value: $5,473
  • Market Land Value: $556
  • Market Improvement Value: $4,917

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,955
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,655

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 27, 2001
  • Previous Sale Contract Date: Jun 13, 2001
  • Previous Sale Amount: $166,950
  • 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 Coram

Stats & Trends

Median Asking:

$539,950

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1683 ft²

Average Home Age

45 years

Currently For Sale

95 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 3 Embassy Road, Selden, NY, 11784

$5,999 /mo

  • 5 Beds
  • 3 Baths
  • 2,605 ft²
3 Embassy Road, Selden, NY, 11784 Listing by Naseer Noori

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 9 Folsom Lane built and last sold?
The property at 9 Folsom Lane was built in 1972 and last sold on Jul 25, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 9 Folsom Lane is $611,787.
What are some comparable homes to 9 Folsom Lane?
There are currently no comparable homes to 9 Folsom Lane.
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