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Garden City Park 11040 Garden City Park
15 1st Place
Photo of 15 1st Place
Sold on Jul 15, 2025

13

Map

Photo of 15 1st Place
Photo of 15 1st Place
$640,000
● House - Off Market

15 1st Place

North Hempstead, NY 11040
bedrooms
3 Beds
bathrooms
2 Baths
square feet
928 Ft²
$4,464
Est. Monthly
4.58%
Cap Rate

About This Property

Welcome home to this beautifully updated ranch featuring three bedrooms, two bathrooms and a very large basement offering extra space for entertaining or storage. Enjoy making meals in the brand new Chef's kitchen featuring shaker cabinets, stainless steel appliances and stunning quartz countertops. The living room and bedrooms offer a lovely space to relax and unwind plus plenty of natural light. The basement features its own bathroom and outside entrance, too. Plus a patio and detached garage in the yard. All of this in a prime central location conveniently close to shopping and transportation!
Unit Size
928 Ft²
Days on Market
180 days
Land Size
0.11 acres
Price per sqft
$754
Property Type
House
Property Taxes
$1,027
HOA Dues
-
Year Built
1959

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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 #KEY814285)

Price History

Date / Event Date Event Price
Jul 15, 2025 Sold
Premium
Sold
Apr 30, 2025 In contract -
In contract
Feb 21, 2025 Price Decreased $699,900
↓ $50K (6.7%)
Price Decreased
Jan 16, 2025 Listed by Oasis Realty Group LLC $749,900
Listed by Oasis Realty Group LLC
Jun 1, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 928
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 09-236-00-0094
  • Block: 236
  • Lot: 94
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7386
  • Longitude: -73.6703

    Address

  • Full Address: 15 1st Pl
  • Address - House Number: 15
  • Address - Street Name: 1st
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C022
  • 4-Digit Zip Code: 4404
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,190,981
  • Tax Rate Code Area: 887

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 482,654
  • High Value: 527,708
  • Low Value: 437,601

    Market Valuation

  • Market Total Value: $549,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $549
  • Assessed Land Value: $310
  • Assessed Improvements Value: $239

    Sales

  • Current Sale Contract Date: Oct 24, 2003
  • Current Sale Recording Date: Dec 08, 2003
  • Current Sale Price:
    Premium
  • Current 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 Garden City Park

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$601

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1757 ft²

Average Home Age

54.7 years

Currently For Sale

10 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 54 Mckinley Avenue, Albertson, NY, 11507

$3,550 /mo

  • 2 Beds
  • 1 Bath
  • 793 ft²
54 Mckinley Avenue #2NDFLOOR, Albertson, NY, 11507 Listing by Ronit Berman CBR
Unit for rent at 576 Liberty Avenue, Williston Park, NY, 11596

$3,950 /mo

  • 3 Beds
  • 1 Bath
576 Liberty Avenue, Williston Park, NY, 11596 Listing by Kwang Hyun Han SFR
Unit for rent at 115 Custer Avenue, Williston Park, NY, 11596

$3,650 /mo

  • 3 Beds
  • 1 Bath
  • 1,109 ft²
115 Custer Avenue #2, Williston Park, NY, 11596 Listing by F Sibel S. Huryilmaz

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 15 1st Place built and last sold?
The property at 15 1st Place was built in 1959 and last sold on Oct 24, 2003 for $267,150.
How much is this home worth?
The estimated value of the home located at 15 1st Place is $0.
What are some comparable homes to 15 1st Place?
There are currently no comparable homes to 15 1st Place.
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