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Kings Point 11024 Kings Point
12 Ridgeway Drive
$1,890,000
● House - Off Market

12 Ridgeway Drive

Great Neck, NY 11024
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
$2,274,776
RealtyHop Estimate
18.11%
Since Oct 1, 2021
NY-New York
Primary Model

About This Property

Immaculate Brick Center Hall Colonial with Slate Roof. Entry Leads To Gracious Living Room With Fireplace, Large Formal Dining Room, Den, Gourmet EIK With Stainless Steel Appliances, Sun Room, Maid's Room and 1.5 Baths.  2nd Floor Has 4 Bedrooms and 3 Full Baths, 2 Large Balconies. Full Finished Walk-out Basement With Playroom, Guest Room, Laundry Room and Cedar Closet. Whole House Generator and 2 Car Attached Garage.
Unit Size
-
Days on Market
92 days
Land Size
0.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,423
HOA Dues
-
Year Built
1954

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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: 2 years ago (OneKey MLS #ONE3317228)

Price History

Date / Event Date Event Price
Sep 20, 2021 Sold
Premium
Sold
Jun 1, 2021 Listed by S Sharf Realty Inc $1,926,000
Listed by S Sharf Realty Inc
Sep 30, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 6
  • Construction Type: 15
  • 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: 7
  • Basement Area: 661
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,337
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 970
  • Total Building Area: 3,147
  • Building Area: 3,147
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,147
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000398
  • 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: KP
  • Census Tract: 300100

Geography

  • District: 282217
  • Section: 1
  • Parcel: 01-137-00-0017
  • Block: 137
  • Lot: 17
  • Municipality: KINGS POINT
  • Latitude: 40.8126
  • Longitude: -73.7406

    Address

  • Full Address: 12 Ridgeway Dr
  • Address - House Number: 12
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C066
  • 4-Digit Zip Code: 1435
  • Zip Code: 11024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,257,585
  • Tax Rate Code Area: 758

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,840,956
  • High Value: 2,174,061
  • Low Value: 1,507,851

    Market Valuation

  • Market Total Value: $1,665,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,665
  • Assessed Land Value: $1,230
  • Assessed Improvements Value: $435

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-121982
  • Previous Sale Recording Date: Sep 30, 2002
  • Previous Sale Contract Date: Sep 17, 2002
  • Previous Sale Amount: $1,175,000
  • Previous Sale Document Type: 27
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

$654

Below Asking

0.01%

Average Days on Market

101

Average Home Size

2671 ft²

Average Home Age

63.9 years

Currently For Sale

136 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 12 Arleigh Road, Great Neck, NY, 11021

$14,000 /mo

  • 5 Beds
  • 3 Baths
  • 3,600 ft²
12 Arleigh Road, Great Neck, NY, 11021 Listing by Nazila Moinian
Unit for rent at 14 Birchwood Lane, Great Neck, NY, 11024

$13,000 /mo

  • 4 Beds
  • 3 Baths
  • 4,433 ft²
14 Birchwood Lane, Great Neck, NY, 11024 Listing by Soheila Sharf

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 12 Ridgeway Drive built and last sold?
The property at 12 Ridgeway Drive was built in 1954 and last sold on Sep 1, 2021 for $1,890,000.
How much is this home worth?
The estimated value of the home located at 12 Ridgeway Drive is $0.
What are some comparable homes to 12 Ridgeway Drive?
There are currently no comparable homes to 12 Ridgeway Drive.
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