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Garden City Park 11040 Garden City Park
115 3rd Street
$870,000
● House - Off Market

115 3rd Street

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,680 Ft²
$5,099
Est. Monthly
5.68%
Cap Rate

About This Property

Lovely, Charming 4 Bedroom Brick Tudor Cape on tree-lined street, convenient to shops, school, park, bus and LIRR.  Entrance Foyer, Living Room w/Fireplace, Formal Dining Room, EIK, Side Entrance and Driveway with 4 Car Parking.  Wood Floors throughout., Additional information: Separate Hotwater Heater:Y
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$511
Property Type
House
Property Taxes
$881
HOA Dues
-
Year Built
1932

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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: 4 months ago (OneKey MLS #KEYL3576335)

Price History

Date / Event Date Event Price
Jan 2, 2025 Sold
Premium
Sold
Sep 4, 2024 Listed by ERA/Caputo Realty $859,000
Listed by ERA/Caputo Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 005

Neighborhood

  • School District Name: New Hyde Park-Garden City Park Union Free School District
  • School Tax School District: 005
  • Census Tract: 303204

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-248-00-0122
  • Block: 248
  • Lot: 122
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7426
  • Longitude: -73.6653

    Address

  • Full Address: 115 3rd St
  • Address - House Number: 115
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 4411
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $746,809
  • Tax Rate Code Area: 887

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 752,766
  • High Value: 874,241
  • Low Value: 631,291

    Market Valuation

  • Market Total Value: $574,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574
  • Assessed Land Value: $265
  • Assessed Improvements Value: $309

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
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 Garden City Park

Stats & Trends

Median Asking:

$975,000

Sale Price/ft²

$582

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1741 ft²

Average Home Age

64 years

Currently For Sale

9 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 1568 Madison Street, Elmont, NY, 11003

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1568 Madison Street, Elmont, NY, 11003 Listing by Kaiqiao Wang
Unit for rent at 104 Sheridan Avenue, Williston Park, NY, 11596

$5,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,422 ft²
104 Sheridan Avenue, Williston Park, NY, 11596 Listing by Celia M. Santos
Unit for rent at 1 Third, Mineola, NY, 11501

$4,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
1 Third #1011, Mineola, NY, 11501 Listing by Diana Makdulina

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 115 3rd Street built and last sold?
The property at 115 3rd Street was built in 1932 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 115 3rd Street is $0.
What are some comparable homes to 115 3rd Street?
There are currently no comparable homes to 115 3rd Street.
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