8 months on rocket

161 W Walnut St, Long Beach, NY, 11561

$1,250,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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161 W Walnut St, Long Beach$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Detached, 1 Car Detached
Garage1 space
Year Built1940
HeatingNatural Gas, Baseboard
CoolingCentral Air
BasementYes
MLS #3495239
Lot Size0.09 Acres
StatusActive
(A)

About 161 W Walnut St

Welcome to your dream property at 161 West Walnut St, nestled in the heart of the Westholmes area of Long Beach, just a mere 1600 feet away from the enchanting ocean. Prepare to be captivated by this classic two-family dwelling, exuding timeless charm and elegance. With seven spacious bedrooms and five full baths, this residence offers ample room for all your desires and needs. Step into a world of refined living, where every detail has been meticulously attended to. This home is truly a testament to exceptional maintenance, featuring all-new gutters, windows, doors, and stucco. A standout feature is the outstanding outside porch, where you can unwind and relish in the delightful coastal breeze. One of the most impressive aspects of this property is its resilience during challenging times. Even during the infamous hurricane Sandy, the basement remained untouched by water, providing you with peace of mind and security. For the automobile enthusiasts, the property boasts an oversized driveway, easily accommodating up to six cars, in addition to a full car detached garage-a true luxury in a bustling area like this. The generously sized backyard offers a wealth of possibilities, whether you want to create a lush garden oasis, a serene retreat, or a lively entertainment space. Stay comfortable year-round with the convenience of central air conditioning throughout the entire home, ensuring a cool and pleasant atmosphere in every season. As you step inside, you'll be greeted by the first floor's fantastic open concept layout, adorned with beautiful hardwood floors, abundant natural light, and soaring 9-foot ceilings, creating an ambiance of openness and grandeur. The first floor itself boasts open concept kitchen, living room, dining room, laundry and half bath. Second floor consists of the primary ensuite (full bath) and an additional bedroom and full bath for the main house with a portion of that floor separated for the 2nd unit which consists of 2 bedrooms, living room, kitchen, dining room and full bath. Head on up to the 3rd floor and you'll find 3 more bedrooms with a full bath for the main house. This property is not just a home; it's a savvy investment opportunity. Equipped with two boilers, two hot water heaters, and two electric meters, you have the flexibility to explore various rental possibilities, adding to your financial prosperity. One of the most alluring aspects of this property is its extremely low taxes and flood policy, ensuring that you can savor the pleasures of living in this desirable location without undue financial burdens. In summary, 161 West Walnut St is a timeless gem, combining classic elegance, outstanding condition, and a superb location (close to restaurants, LIRR, and shops), all within a short distance of the majestic Long Beach boardwalk and Atlantic ocean. Don't miss the chance to make this dream property yours and embark on a life of coastal luxury, comfort, and investment potential. Welcome home!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1940

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (516) 432-3400

Interior Features

Interior Information:

  • Appliances: Dishwasher, Freezer, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer
  • Basement: Yes
  • Interior: Master Downstairs, Entrance Foyer, Master Bath, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Private, Detached, 1 Car Detached

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cross street Magnolia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $6,612
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, NY.

Med. Sold Price

$662.5K

Med. Price/SqFt

$506

Avg. Days On Market

82

# of Sold Homes

21

161 W Walnut St vs Long Beach

269 DAYS ON ROCKET

+187 Days

$1,250,000

+$587.5K More

KEY TAKEAWAY

This property is $587.5K more than the Median Sold Price in Long Beach, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3495239

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (516) 432-3400

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 11:56:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2021Home Sold
$905,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,612$745
2020$5,752$783
2019$5,821$753
2018$5,851$803
2017$1,033$852

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1914761
8
/10
  • Lindell Boulevard School

  • 601 Lindell Blvd

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-1914762
4
/10
  • Francis X Hegarty Elementary School

  • 100 Radcliffe Rd

  • 1.05 miles

  • Public District Grades KG-4

school-card-donut-1914763
7
/10
  • East Elementary School

  • 456 Neptune Blvd

  • 1.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. The majority of Long Beach, NY residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkNassau CountyLong Beach11561161 W Walnut St

This home is located at 161 W Walnut St in Long Beach, NY and zip code 11561 in the City of Long Beach neighborhood. This home, which was built in 1940, sits on a 0.09 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 02, 2023 and is currently priced at $1,250,000.

Over 4 listings were sold over their listed price in March 2024 in Long Beach, NY. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Long Beach, NY increased by 15.1% between February 2024 and March 2024. Listings spent 82 days on the market in March 2024, and had a median list price of $662,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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