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North New Hyde Park 11040 North New Hyde Park
18 Surrey Road
$750,000
● House - Off Market

18 Surrey Road

New Hyde Park, NY 11040
bedrooms
3 Beds
bathrooms
2 Baths
$906,378
RealtyHop Estimate
20.85%
Since Jul 1, 2021
NY-New York
Primary Model

About This Property

Come see this charming mid block cape on a beautiful tree lined street, and be greeted by a lovely front porch, it's move-in ready, boasting 3 bedrooms & 2 full baths, wood floors, living room w/ wood burning fireplace, formal dining room w/ a split unit ac, large EIK, gorgeous family room/sun room w/ a separate heating zone. Nice backyard w/ patio & overhang. 5 year old roof. 1 car garage. Finished basement. Close to all!  OWNERS only wants prospective buyers & no children under 18 to be shown their house in accordance to NYS COVID guidelines (letter attached).
Unit Size
-
Days on Market
84 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$899
HOA Dues
-
Year Built
1941

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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: 3 years ago (OneKey MLS #ONE3299772)

Price History

Date / Event Date Event Price
Jun 23, 2021 Sold
Premium
Sold
Apr 15, 2021 In contract -
In contract
Mar 31, 2021 Listed by Realty Connect USA LLC $750,000
Listed by Realty Connect USA LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • 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: 7
  • Garage Square Area: 218
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,481
  • Building Area: 1,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,481
  • 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: 302900

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-296-00-0010
  • Block: 296
  • Lot: 10
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7507
  • Longitude: -73.684

    Address

  • Full Address: 18 Surrey Rd
  • Address - House Number: 18
  • Address - Street Name: Surrey
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C029
  • 4-Digit Zip Code: 2036
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,265,259
  • Tax Rate Code Area: 737

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 795,360
  • High Value: 923,708
  • Low Value: 667,011

    Market Valuation

  • Market Total Value: $642,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $642
  • Assessed Land Value: $326
  • Assessed Improvements Value: $316

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-089055
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 North New Hyde Park

Stats & Trends

Median Asking:

$949,000

Sale Price/ft²

$643

Below Asking

0.02%

Average Days on Market

91

Average Home Size

1741 ft²

Average Home Age

70.3 years

Currently For Sale

26 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 36-50 Lakeville Road, New Hyde Park, NY, 11040

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 650 ft²
36-50 Lakeville Road, New Hyde Park, NY, 11040 Listing by Teresa Coleman

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Surrey Road built and last sold?
The property at 18 Surrey Road was built in 1941 and last sold on Jun 23, 2021 for $750,000.
How much is this home worth?
The estimated value of the home located at 18 Surrey Road is $757,500.
What are some comparable homes to 18 Surrey Road?
There are currently no comparable homes to 18 Surrey Road.
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