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Great Neck 11023 Great Neck
103 Old Mill Road
Photo of 103 Old Mill Road
Sold on Oct 31, 2025

42

Map

Photo of 103 Old Mill Road
Photo of 103 Old Mill Road
$1,985,000
● House - Off Market

103 Old Mill Road

North Hempstead, NY 11023
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,003 Ft²
$11,857
Est. Monthly
3.92%
Cap Rate

About This Property

Welcome To This Totally Renovated 4 Bedroom Brick Center Hall Colonial Perfectly Positioned On A 125x100 Oversized Lot With Desirable South-Facing Exposure. Featuring A Brand New Roof, Freshly Painted Interiors, A New Second-Floor Central Air System, and Other Updates, This Home Offers A Seamless Blend Of Modern Upgrades And Timeless Charm. The Thoughtfully Designed Layout Provides An Opportunity To Add A Fifth Bedroom Upstairs. Located Within The Great Neck Park District, Residents Enjoy Exclusive Access To Steppingstone Park & Waterfront Theatre, Parkwood Sports Complex And Summer Camp.
Unit Size
3,003 Ft²
Days on Market
70 days
Land Size
0.34 acres
Price per sqft
$666
Property Type
House
Property Taxes
$2,042
HOA Dues
-
Year Built
1937

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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: 12 months ago (OneKey MLS #KEY902478)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Sep 30, 2025 In contract -
In contract
Aug 22, 2025 Listed by LAFFEY REAL ESTATE $1,999,000
Listed by LAFFEY REAL ESTATE
Sep 12, 2024 No longer available -
No longer available
Sep 11, 2024 Temporarily off market -
Temporarily off market
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 522
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,428
  • Building Area: 2,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 007

Neighborhood

  • School District Name: Great Neck Union Free School District
  • School Tax School District: 007
  • School Tax District Code 2: GN
  • Census Tract: 300300

Geography

  • District: 282209
  • Section: 1
  • Parcel: 01-203-00-0026
  • Block: 203
  • Lot: 26
  • Municipality: GREAT NECK
  • Latitude: 40.796
  • Longitude: -73.7417

    Address

  • Full Address: 103 Old Mill Rd
  • Address - House Number: 103
  • Address - Street Name: Old Mill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C012
  • 4-Digit Zip Code: 1933
  • Zip Code: 11023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,906,091
  • Tax Rate Code Area: 755

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 1,876,665
  • High Value: 2,051,873
  • Low Value: 1,701,458

    Market Valuation

  • Market Total Value: $1,080,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,080
  • Assessed Land Value: $645
  • Assessed Improvements Value: $435

    Sales

  • Current Sale Contract Date: May 10, 2017
  • Current Sale Recording Date: May 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 201700053089
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 Great Neck

Stats & Trends

Median Asking:

$1,298,000

Sale Price/ft²

$653

Below Asking

0.01%

Average Days on Market

102

Average Home Size

2867 ft²

Average Home Age

65.2 years

Currently For Sale

139 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 60 Gristmill Lane, Great Neck, NY, 11023

$9,380 /mo

  • 5 Beds
  • 3 Baths
  • 3,205 ft²
60 Gristmill Lane, Great Neck, NY, 11023 Listing by Farokhlagha Eshaghian CBR
Unit for rent at 23 Wooleys Lane, Great Neck, NY, 11023

$8,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,855 ft²
23 Wooleys Lane, Great Neck, NY, 11023 Listing by Farokhlagha Eshaghian CBR
Unit for rent at 0 Kings Point Road, Great Neck, NY, 11024

$8,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,575 ft²
0 Kings Point Road, Great Neck, NY, 11024 Listing by Kathleen Yekotiel

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 12 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 103 Old Mill Road built and last sold?
The property at 103 Old Mill Road was built in 1937 and last sold on May 10, 2017 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 103 Old Mill Road is $2,024,759.
What are some comparable homes to 103 Old Mill Road?
There are currently no comparable homes to 103 Old Mill Road.
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