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Kings Point 11024 Kings Point
2 Dock Lane
$1,260,000
● House - Off Market

2 Dock Lane

Great Neck, NY 11024
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,160,872
RealtyHop Estimate
20.12%
Since Aug 1, 2021
NY-New York
Primary Model

About This Property

LOCATION IS EVERYTHING!!! A Once in a lifetime opportunity to Build your Dream House On kings points most private, coveted, & prestigious spots 2 Dock Lane! Featuring Over one acre of flat lush property with potential to build up to 8,000 square feet of luxury & utmost Lifestyle.
Unit Size
-
Days on Market
104 days
Land Size
1.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,309
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 #ONE3301569)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Jul 21, 2021 Sold
Premium
Sold
Jun 21, 2021 In contract -
In contract
Apr 8, 2021 Listed by S Sharf Realty Inc $1,799,000
Listed by S Sharf Realty Inc
Jan 23, 2019 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 2
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 431
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,319
  • Total Building Area: 2,359
  • Building Area: 2,359
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,359
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001247
  • 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: KP
  • Census Tract: 300100

Geography

  • District: 282217
  • Section: 1
  • Parcel: 01-196-00-0023
  • Block: 196
  • Lot: 23
  • Municipality: KINGS POINT
  • Latitude: 40.8291
  • Longitude: -73.746

    Address

  • Full Address: 2 Dock Ln
  • Address - House Number: 2
  • Address - Street Name: Dock
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Great Neck
  • Zip Code: 11024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,859,149
  • Tax Rate Code Area: 758

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 68
  • Final Value: 1,505,712
  • High Value: 1,847,270
  • Low Value: 1,164,153

    Market Valuation

  • Market Total Value: $1,789,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,789
  • Assessed Land Value: $1,457
  • Assessed Improvements Value: $332

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021-118087
  • Previous Sale Recording Date: Jul 30, 2021
  • Previous Sale Contract Date: Mar 03, 2021
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 12
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:

$1,298,000

Sale Price/ft²

$653

Below Asking

0.01%

Average Days on Market

101

Average Home Size

2684 ft²

Average Home Age

64.1 years

Currently For Sale

136 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 23 West Drive, Port Washington, NY, 11050

$3,970 /mo

  • 1 Bed
  • 1 Bath
  • 1,300 ft²
23 West Drive, Port Washington, NY, 11050 Listing by Diane E. Andersen
Unit for rent at 5 Dunes, Port Washington, NY, 11050

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
5 Dunes #A, Port Washington, NY, 11050 Listing by Francesca Morrocu Blass SFR
Unit for rent at 35 Dunes Lane, Port Washington, NY, 11050

$3,850 /mo

  • 3 Beds
  • 2 Baths
35 Dunes Lane #FIRSTFLOOR, Port Washington, NY, 11050 Listing by MaryBeth Ressa GRI

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 2 Dock Lane built and last sold?
The property at 2 Dock Lane was built in 1941 and last sold on Jul 21, 2021 for $1,260,000.
How much is this home worth?
The estimated value of the home located at 2 Dock Lane is $1,816,990.
What are some comparable homes to 2 Dock Lane?
There are currently no comparable homes to 2 Dock Lane.
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