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Manhasset Hills 11040 Manhasset Hills
194 Continental Drive
$998,000
● House - Off Market

194 Continental Drive

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,328,574
RealtyHop Estimate
33.12%
Since Nov 1, 2020
NY-New York
Primary Model

About This Property

Manhasset Hills!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
58 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,567
HOA Dues
-
Year Built
1963

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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 #KEYL3240006)

Price History

Date / Event Date Event Price
Oct 20, 2020 Sold
Premium
Sold
Aug 26, 2020 No longer available -
No longer available
Aug 5, 2020 Listed by Keller Williams Rty Gold Coast $998,000
Listed by Keller Williams Rty Gold Coast
Sep 12, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 48
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,550
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,533
  • Building Area: 2,533
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,533
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000196
  • 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: 303101

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-269-00-0027
  • Block: 269
  • Lot: 27
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7577
  • Longitude: -73.6857

    Address

  • Full Address: 194 Continental Dr
  • Address - House Number: 194
  • Address - Street Name: Continental
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C038
  • 4-Digit Zip Code: 1028
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,882,790
  • Tax Rate Code Area: 740

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,267,861
  • High Value: 1,494,308
  • Low Value: 1,041,414

    Market Valuation

  • Market Total Value: $914,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $914
  • Assessed Land Value: $425
  • Assessed Improvements Value: $489

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-098757
  • Previous Sale Recording Date: Sep 12, 1996
  • Previous Sale Contract Date: Aug 29, 1996
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Manhasset

Stats & Trends

Median Asking:

$1,749,000

Sale Price/ft²

$747

Below Asking

0.01%

Average Days on Market

95

Average Home Size

3378 ft²

Average Home Age

48.9 years

Currently For Sale

52 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 22 Olive Street, Great Neck, NY, 11020

$10,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,390 ft²
22 Olive Street, Great Neck, NY, 11020 Listing by Edna Mashaal
Unit for rent at 60 Wimbledon Drive, Roslyn, NY, 11576

$7,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,360 ft²
60 Wimbledon Drive #60, Roslyn, NY, 11576 Listing by Ronit Berman CBR
Unit for rent at 36 Wimbledon Drive, Roslyn, NY, 11576

$7,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,432 ft²
36 Wimbledon Drive, Roslyn, NY, 11576 Listing by Ronit Berman CBR

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 194 Continental Drive built and last sold?
The property at 194 Continental Drive was built in 1963 and last sold on Sep 28, 2020 for $998,000.
How much is this home worth?
The estimated value of the home located at 194 Continental Drive is $1,007,980.
What are some comparable homes to 194 Continental Drive?
There are currently no comparable homes to 194 Continental Drive.
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