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Plainedge 11714 Plainedge
9 Spencer Drive
$600,000
● House - Off Market

9 Spencer Drive

Oyster Bay, NY 11714
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,600 Ft²
$827,722
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Beautiful expanded split level home featuring Master BR with Large WIC, 3 add'l BRs, 2 updated baths, updated Oak EIK with granite and wood floors throughout. Large den/LR PLUS an expanded family room with wood burning fireplace. Many updates including vinyl siding, Andersen windows, roof, double driveway, CAC, gas boiler & HW heater. A Must See!, Additional information: Appearance:Mint +,Business Located At:,Rental Income:,Separate Hotwater Heater:Yes
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$238
Property Type
House
Property Taxes
$1,262
HOA Dues
-
Year Built
1954

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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: 5 months ago (OneKey MLS #KEYL3199481)

Price History

Date / Event Date Event Price
Jan 5, 2021 Sold
Premium
Sold
Oct 28, 2020 Sold
Premium
Sold
Jul 18, 2020 No longer available -
No longer available
Jul 17, 2020 In contract -
In contract
Mar 10, 2020 Price Decreased $619,000
↓ $20K (3.1%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 638
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,595
  • Building Area: 2,595
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,595
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 49-242-00-0005
  • Block: 242
  • Lot: 5
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7237
  • Longitude: -73.4768

    Address

  • Full Address: 9 Spencer Dr
  • Address - House Number: 9
  • Address - Street Name: Spencer
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bethpage
  • Carrier Code: C010
  • 4-Digit Zip Code: 6109
  • Zip Code: 11714

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,765,751
  • Tax Rate Code Area: 553

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 743,596
  • High Value: 873,669
  • Low Value: 613,523

    Market Valuation

  • Market Total Value: $584,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $584
  • Assessed Land Value: $230
  • Assessed Improvements Value: $354

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-000937

    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:

$749,000

Sale Price/ft²

$494

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1823 ft²

Average Home Age

64.2 years

Currently For Sale

10 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 6 Gateway Street, Bethpage, NY, 11714

$4,799 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
6 Gateway Street, Bethpage, NY, 11714 Listing by Binit Kumar
Unit for rent at 3874 Jerusalem Avenue, Seaford, NY, 11783

$5,200 /mo

  • 3 Beds
  • 1 Bath
3874 Jerusalem Avenue #MAINFL, Seaford, NY, 11783 Listing by Linda Vricella
Unit for rent at 1 Conklin Street, Farmingdale, NY, 11735

$3,875 /mo

  • 2 Beds
  • 2 Baths
  • 772 ft²
1 Conklin Street #202, Farmingdale, NY, 11735 Listing by Louis Scrimenti

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 9 Spencer Drive built and last sold?
The property at 9 Spencer Drive was built in 1954 and last sold on Oct 28, 2020 for $600,000.
How much is this home worth?
The estimated value of the home located at 9 Spencer Drive is $656,690.
What are some comparable homes to 9 Spencer Drive?
There are currently no comparable homes to 9 Spencer Drive.
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