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North New Hyde Park 11040 North New Hyde Park
2 Oak Drive
Photo of 2 Oak Drive

25

Map

Photo of 2 Oak Drive
Photo of 2 Oak Drive
$1,049,000
↓ $126K (10.7%)
● House - For Sale

2 Oak Drive

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,260 Ft²
$6,384
Est. Monthly

About This Property

Welcome to this beautifully updated 4-bedroom, 2-bathroom Cape situated on a desirable corner property in New Hyde Park! This charming home features a recently renovated kitchen, updated bathrooms, and beautifully updated flooring throughout. Enjoy additional living space in the finished basement, perfect for entertaining, recreation, or a home office. The property also features an attached garage, a fully fenced-in yard offering privacy and outdoor enjoyment, and a recently upgraded tankless gas hot water heater for added efficiency and convenience. Conveniently located near schools, shopping, parks, restaurants, and major highways. Don't miss this wonderful opportunity to own a move-in-ready home in New Hyde Park. Schedule your private showing today!
Unit Size
1,260 Ft²
Days on Market
28 days
Land Size
0.14 acres
Price per sqft
$833
Property Type
House
Property Taxes
$1,232
HOA Dues
-
Year Built
1941

Listed By

Amandeep Gaubaria
[email protected]
Keller Williams Realty Greater

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 days ago (OneKey MLS #KEY1062603)

Price History

Date / Event Date Event Price
Oct 29, 2026 Price Decreased $1,049,000
↓ $126K (10.7%)
Price Decreased
Oct 14, 2026 Listed by Property Professionals Realty $1,175,000
Listed by Property Professionals Realty
Oct 30, 2023 Sold
Premium
Sold
Sep 27, 2023 Sold
Premium
Sold
Jul 14, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Private
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Crown Molding, Recessed Lighting, First Floor Bedroom, Quartz/Quartzite Counters
Appliances: ENERGY STAR Qualified Appliances, Gas Range, Tankless Water Heater
Rooms: 6
Basement: Finished, Full
Exterior Details
Square Footage: 1260
Square Footage Source: $0
Architectural Style: Cape Cod
Year Built: 1941
Building Area Total: 1260
Building Area Units: Square Feet
Construction Materials: Stone, Vinyl Siding
Lot Size Area: 6060
Lot Size Units: Square Feet
Lot Size Acres: 0.1391
Lot Size Square Feet: 6060
Water Source: Public
Financial Details
Tax Assessed Value: $638
Tax Annual Amount: $14,788
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 6,060
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • 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: 08-211-03-0037
  • Block: 211-03
  • Lot: 37
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7475
  • Longitude: -73.6848

    Address

  • Full Address: 2 Oak Dr
  • Address - House Number: 2
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 3315
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,415,614
  • Tax Rate Code Area: 887

    Appraisal Valuation

  • Standard Deviation: 0.0923
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 91
  • Final Value: 777,310
  • High Value: 849,080
  • Low Value: 705,539

    Market Valuation

  • Market Total Value: $638,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $638
  • Assessed Land Value: $362
  • Assessed Improvements Value: $276

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-00064821
  • Previous Sale Recording Date: Sep 29, 1998
  • Previous Sale Contract Date: Sep 17, 1998
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 27
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

$648

Below Asking

0.02%

Average Days on Market

92

Average Home Size

1701 ft²

Average Home Age

73.3 years

Currently For Sale

27 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

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$7,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,608 ft²
148 Lincoln Street, Garden City, NY, 11530 Listing by Patricia M. Aprigliano ABR
Unit for rent at 85 Violet Avenue, Floral Park, NY, 11001

$6,800 /mo

  • 4 Beds
  • 3 Baths
  • 3,400 ft²
85 Violet Avenue, Floral Park, NY, 11001 Listing by Qiao Zou
Unit for rent at 1 Yale Drive, Manhasset, NY, 11030

$8,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,989 ft²
1 Yale Drive, Manhasset, NY, 11030 Listing by Margaret Cheung Lin

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Oak Drive built and last sold?
The property at 2 Oak Drive was built in 1941 and last sold on Sep 27, 2023 for $770,000.
How much is this home worth?
The estimated value of the home located at 2 Oak Drive is $1,028,024.
What are some comparable homes to 2 Oak Drive?
There are currently no comparable homes to 2 Oak Drive.
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