557 Penn St
Long Beach, NY 11561
3 bd 3 ba 2,495 sqft Built 1947 Lot 5,000 sqft single_family
Most recent sale
$1,200,000
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 8, 2022 | Sold | $1,200,000 | Public Record |
| Aug 8, 2022 | Sold | $1,200,000 | MLS #3397601 |
| May 9, 2022 | Listed | $1,125,000 | MLS #3397601 |
| Dec 19, 2016 | Sold | $690,000 | Public Record |
| Dec 12, 2016 | Sold | $690,000 | MLS #2851746 |
| Sep 17, 2016 | Price changed | $699,000 | MLS #2851746 |
| Sep 16, 2016 | Relisted | $725,000 | MLS #2851746 |
| May 11, 2016 | Listed | $725,000 | MLS #2851746 |
| Jul 26, 2012 | Sold | $485,000 | Public Record |
| May 8, 2012 | Sold | $485,000 | MLS #2469135 |
| Feb 16, 2012 | Listed | $475,000 | MLS #2469135 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $429 | $307 | $736 | $14,793 |
| 2022 | $393 | $307 | $700 | $9,310 |
| 2021 | $393 | $307 | $700 | $17,164 |
| 2020 | $430 | $294 | $724 | $12,239 |
| 2019 | $196 | $845 | $1,041 | $8,795 |
| 2018 | $196 | $845 | $1,041 | $9,253 |
| 2017 | $491 | $845 | $1,336 | $8,693 |
| 2016 | $491 | $845 | $1,336 | $1,285 |
| 2015 | $491 | $845 | $1,336 | $10,066 |
| 2014 | $491 | $845 | $1,336 | $8,816 |
| 2013 | $504 | $866 | $1,370 | $7,518 |
| 2011 | $470 | $866 | $1,336 | $6,842 |
| 2010 | $592 | $866 | $1,458 | $6,601 |
| 2009 | $683 | $866 | $1,549 | $6,103 |
| 2008 | $683 | $866 | $1,549 | $6,103 |
| 2007 | $596 | $866 | $1,462 | $5,665 |
Property facts
Year built
1947
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
2,495 sqft
Lot size
5,000 sqft
ZIP code
11561
City
Long Beach
Street
Penn St
Coordinates
40.58560, -73.68046
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,483
Gross rental yield
8.48%
Implied cap rate
5.51%
Trend-extrapolated value
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Frequently asked questions
When did 557 Penn St last sell?
557 Penn St most recently sold on Aug 8, 2022 for $1,200,000.
What is the current tax assessment for 557 Penn St?
The most recent total assessment for 557 Penn St (year 2024) is $736 with $14,793 in property tax.
How does 557 Penn St's assessment compare to its last sale price?
The current assessment is 99.9% below the last sale price of $1,200,000.
When was 557 Penn St built?
557 Penn St was built in 1947.
How does 557 Penn St compare to others on Penn St?
We track 8 other properties on Penn St. Browse the list under "Other properties on Penn St" to compare beds, baths, and sale history.
What are the property facts for 557 Penn St?
557 Penn St is a 3 bed, 3 bath, 2,495 sqft, 5,000 sqft lot single_family.
Is 557 Penn St a flip candidate?
No — 557 Penn St does not appear in our flips dataset.
Is 557 Penn St a tax-appeal candidate?
No — 557 Penn St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$1.03M
2026 Q4
$1.05M
ZIP 11561 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn St