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Herricks 11040 Herricks
188 Pine Street
Photo of 188 Pine Street
Sold on May 12, 2025

21

Map

Photo of 188 Pine Street
Photo of 188 Pine Street
$980,000
● House - Off Market

188 Pine Street

North Hempstead, NY 11040
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,615 Ft²
$5,429
Est. Monthly
3.63%
Cap Rate

About This Property

Location, Location, Location! Welcome to 188 Pine St, New Hyde Park, Make this house your dream home. An Extended Ranch in the Herricks School District. The home features a large den 15 X 20  with Andersen windows, a spacious eat-in kitchen, and a formal dining room, perfect for family gatherings. With three comfortable bedrooms and a large covered patio, this home is ideal for both relaxation and entertainment. Additional highlights include a convenient first-floor laundry room, an attic with pull-down access, and a 200-amp electric service. The full basement, complete with a bathroom, offers extra living space and storage. Ideally located near all major highways, transportation, and shopping, this property provides both comfort and convenience., Additional information: Appearance:Excellent
Unit Size
1,615 Ft²
Days on Market
270 days
Land Size
0.14 acres
Price per sqft
$550
Property Type
House
Property Taxes
$1,063
HOA Dues
-
Year Built
1953

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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 #KEYL3571250)

Price History

Date / Event Date Event Price
May 12, 2025 Sold
Premium
Sold
Aug 8, 2024 Listed by Douglas Elliman Real Estate $889,000
Listed by Douglas Elliman Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 15
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,615
  • Building Area: 1,615
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 009

Neighborhood

  • School District Name: Herricks Union Free School District
  • School Tax School District: 009
  • Census Tract: 303102

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-585-00-0006
  • Block: 585
  • Lot: 6
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7551
  • Longitude: -73.6639

    Address

  • Full Address: 188 Pine St
  • Address - House Number: 188
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 2421
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $602,703
  • Tax Rate Code Area: 740

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 853,056
  • High Value: 990,715
  • Low Value: 715,397

    Market Valuation

  • Market Total Value: $684,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $684
  • Assessed Land Value: $345
  • Assessed Improvements Value: $339

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
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 Herricks

Stats & Trends

Median Asking:

$1,148,500

Sale Price/ft²

$640

Above Asking

0.00%

Average Days on Market

77

Average Home Size

1373 ft²

Average Home Age

81.5 years

Currently For Sale

2 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 162 2nd Street, Mineola, NY, 11501

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
162 2nd Street #4, Mineola, NY, 11501 Listing by Evelyn L. Wilkins CBR
Unit for rent at 410 Herricks Road, Mineola, NY, 11501

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,066 ft²
410 Herricks Road, Mineola, NY, 11501 Listing by Natalia Bok Choi
Unit for rent at 131 Roslyn Road, Mineola, NY, 11501

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,200 ft²
131 Roslyn Road #1STFLOOR, Mineola, NY, 11501 Listing by Luis M. Pereira

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 188 Pine Street built and last sold?
The property at 188 Pine Street was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 188 Pine Street is $897,890.
What are some comparable homes to 188 Pine Street?
There are currently no comparable homes to 188 Pine Street.
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