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Garden City Park 11040 Garden City Park
116 2nd Street
$485,000
● House - Off Market

116 2nd Street

North Hempstead, NY 11040
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,314 Ft²
$913,384
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Location, Location, Location! Hurry, This Home Won't Last. Fully Renovated Colonial Featuring 3 Bedrooms, 2.5 Bathrooms, Full Finished Basement! The Kitchen Features Hardwood Cabinets, Quartz Countertops, And All Stainless Steel Appliances. Close To All Transportation!!!
Unit Size
1,314 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$373
Property Type
House
Property Taxes
$757
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYL2709100)

Price History

Date / Event Date Event Price
Jul 5, 2018 Sold
Premium
Sold
Mar 10, 2015 Sold
Premium
Sold
Jan 30, 2015 Sold
Premium
Sold
Sep 24, 2014 Listed by Realty Executives 1st $489,900
Listed by Realty Executives 1st
Jul 22, 2014 Sold
Premium
Sold
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Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,314
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF NASSAU BOULEVARD MANOR
  • Land Acres: 0000000087
  • 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: 09-250-00-0105
  • Block: 250
  • Lot: 105
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7416
  • Longitude: -73.6648

    Address

  • Full Address: 116 2nd St
  • Address - House Number: 116
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 4408
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,378,355
  • Tax Rate Code Area: 887

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 773,830
  • High Value: 910,030
  • Low Value: 637,629

    Market Valuation

  • Market Total Value: $641,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $641
  • Assessed Land Value: $283
  • Assessed Improvements Value: $358

    Sales

  • Current Sale Contract Date: Jan 30, 2015
  • Current Sale Recording Date: Mar 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201500000561
  • Previous Sale Recording Date: Jul 22, 2014
  • Previous Sale Contract Date: Jul 15, 2014
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: UNK
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

$583

Below Asking

0.02%

Average Days on Market

84

Average Home Size

1772 ft²

Average Home Age

57.5 years

Currently For Sale

13 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 101 Searing Avenue, Mineola, NY, 11501

$4,400 /mo

  • 1 Bed
  • 1 Bath
  • 998 ft²
101 Searing Avenue #502, Mineola, NY, 11501 Listing by Julia Krispeal
Unit for rent at 2 Tottenham Place, New Hyde Park, NY, 11040

$4,700 /mo

  • 2 Beds
  • 2 Baths
  • 2,230 ft²
2 Tottenham Place #1FL, New Hyde Park, NY, 11040 Listing by Celia M. Santos
Unit for rent at 147 Main Street, Mineola, NY, 11501

$3,300 /mo

  • 1 Bed
  • 1 Bath
  • 1,100 ft²
147 Main Street #3B, Mineola, NY, 11501 Listing by Anthony Testa Jr

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 116 2nd Street built and last sold?
The property at 116 2nd Street was built in 1929 and last sold on Jan 30, 2015 for $485,000.
How much is this home worth?
The estimated value of the home located at 116 2nd Street is $517,723.
What are some comparable homes to 116 2nd Street?
There are currently no comparable homes to 116 2nd Street.
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