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Great Neck Estates 11021 Great Neck Estates
16 Amherst Road
$2,700,000
● House - Off Market

16 Amherst Road

North Hempstead, NY 11021
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
4,800 Ft²
$4,371,251
RealtyHop Estimate
46.69%
Since May 1, 2019
NY-New York
Primary Model

About This Property

Great Neck Estates. Prime Location In Close Proximity To Bus, Town, Worship. This Stunning Newly Built Open Concept  Brick Colonial Features A Gourmet Chef's Kitchen, Double Height Entry Foyer, 2100 Sq Ft Basement, Central Vac, Bridal Staircase, Generator, Surround Sound, 5-6 Bdrs, 5.5 Baths, 2 Laundry Rms, 2 Car Garage, Radiant Heat, En-Suite Master Bedroom W/ Jacuzzzi. Choice Of South Or North Hs, Award Winning Saddle Rock Elemt, Private Police, Pool,Marina, Tennis Courts. Heated Driveway!!!, Additional information: Appearance:Diamond,Green Features:Insulated Doors,Separate Hotwater Heater:Y
Unit Size
4,800 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$621
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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: 6 months ago (OneKey MLS #KEYL3070559)

Price History

Date / Event Date Event Price
Apr 23, 2019 Sold
Premium
Sold
Jan 4, 2019 No longer available -
No longer available
Oct 3, 2018 Listed by Keller Williams Rty Gold Coast $2,980,000
Listed by Keller Williams Rty Gold Coast
Aug 2, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 3
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 281
  • Garage Type: 7
  • Garage Square Area: 198
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 870
  • Total Building Area: 4,615
  • Building Area: 4,615
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,615
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: GE
  • Census Tract: 300500

Geography

  • District: 282211
  • Section: 2
  • Parcel: 02-002-00-0008
  • Block: 2
  • Lot: 8
  • Municipality: GREAT NECK ESTATES
  • Latitude: 40.7822
  • Longitude: -73.7363

    Address

  • Full Address: 16 Amherst Rd
  • Address - House Number: 16
  • Address - Street Name: Amherst
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C019
  • 4-Digit Zip Code: 2911
  • Zip Code: 11021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,345,429
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 2,561,068
  • High Value: 2,993,267
  • Low Value: 2,128,869

    Market Valuation

  • Market Total Value: $2,098,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,098
  • Assessed Land Value: $699
  • Assessed Improvements Value: $1,399

    Sales

  • Current Sale Contract Date: Apr 15, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-034162
  • Previous Sale Recording Date: Aug 02, 2016
  • Previous Sale Contract Date: Jul 27, 2016
  • Previous Sale Amount: $990,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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:

$1,300,000

Sale Price/ft²

$652

Below Asking

0.01%

Average Days on Market

102

Average Home Size

2723 ft²

Average Home Age

64.4 years

Currently For Sale

132 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 Bond Street, Great Neck, NY, 11021

$6,999 /mo

  • 2 Beds
  • 2 Baths
12 Bond Street #5B, Great Neck, NY, 11021 Listing by Jouliet Mairzadeh Sakhai
Unit for rent at 24 Warwick Road, Great Neck, NY, 11023

$9,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,177 ft²
24 Warwick Road, Great Neck, NY, 11023 Listing by Mahshid Namdar
Unit for rent at 27 Martin Court, Great Neck, NY, 11024

$7,900 /mo

  • 3 Beds
  • 3 Baths
  • 3,517 ft²
27 Martin Court, Great Neck, NY, 11024 Listing by Rosaline Livian

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Amherst Road built and last sold?
The property at 16 Amherst Road was built in 2017 and last sold on Apr 15, 2019 for $2,705,400.
How much is this home worth?
The estimated value of the home located at 16 Amherst Road is $2,990,912.
What are some comparable homes to 16 Amherst Road?
There are currently no comparable homes to 16 Amherst Road.
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