$315,000
●
Co-op -
Off Market
2 Terrace Circle #1A
North Hempstead, NY 11021
1 Bed
1 Bath
$1,547
Est. Monthly
About This Property
A great opportunity to live in The Great Neck Terrace Community !!!
IF you are looking for a One BR Apartment in one of the most
desirable neighborhood in Great Neck - Look no more!!!
Move in today & enjoy all the benefits this amazing community
offers ! This 1st Floor 1BR Co-Op apartment w/Deeded 1-Car parking
(directly behind) - can be yours TODAY! This beautiful apartment
has a great open layout, full of South/West sunlight, plenty of
closet space and ample storage space for all your belongings;
Bedroom can comfortably hold a king-size bed. Laundry in basement
On site super/management crew. Manit. fees include parking, RE
taxes, heat, hot/cold water, landscaping, trash/snow removal,
security patrol & pool club pass for residents. This complex comes
with summer in ground Olympic Size Swimming Pool, Kiddie pool, Dog
run, Basketball court & Playground. Residents have the privilege of
accessing the Great Neck Park District Amenities & Attractions.
Conveniently located near LIRR train, shopping, public
transportation, restaurants and more., Additional information:
Appearance:Mint,Interior Features:Efficiency Kitchen,Lr/Dr
Unit Size
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Days on Market
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Land Size
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Price per sqft
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Property Type
Co-op
Property Taxes
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HOA Dues
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Year Built
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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: 4 months ago (OneKey MLS #KEYL3572632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2024 | Listed by LAFFEY REAL ESTATE | $315,000 | |
| Listed by LAFFEY REAL ESTATE | |||
| Feb 11, 2016 | Sold | ||
| Sold | |||
| Jul 23, 2015 | Listed by Exit Realty Universal | $194,000 | |
| Listed by Exit Realty Universal | |||
| | |||
|
Welcome To Largest 1 Bdrm Unit With No Stairs. Recently Upgraded Kitchen Boasting Extra Cabinet Space And New Appliances.Updated Bath. Hardwood Floors, Located On Circle. Community Pool, Minutes From Railroad And Shops. Great Neck Schools And Park District., Additional information: Appearance:Excellent,Interior Features:Combo Kitchen
| |||
Property Highlights
Garage
Parking Available
Elevator
Parking Details
Parking Features: Assigned, Parking Lot
Interior Details
Full Bathrooms: 1
Interior Features: First Floor Bedroom
Appliances: Dishwasher, Refrigerator, Gas Water Heater
Rooms: 4
Basement: None
Exterior Details
Architectural Style: Garden
Year Built: 1950
Builder Model: Simplex
Levels: One
Construction Materials: Brick
Pool Features: In Ground
Pool is Private
Lot Features: Sprinklers In Front, Sprinklers In Rear, Near Public Transit, Near Shops
Water Source: Public
Utilities Details
Heating Type: Natural Gas, Hot Water
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Water, Snow Removal, Trash, Grounds Care, Hot Water, Exterior Maintenance
HOA/Condo/Coop Amenities: Park
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2025
|
1 Bed
|
1 Bath
|
611 ft²
|
$320,000
1 Bed
1 Bath
611 ft²
|
$305,000
-4.69%
08/28/2025
|
Beth S. Catrone SFR
Daniel Gale Sothebys Intl Rlty
| |
|
10/22/2024
|
1 Bed
|
1 Bath
|
-
|
$309,999
1 Bed
1 Bath
|
$310,000
+0.00%
05/05/2025
|
Daniel Samouhi
Fave Realty Inc
| |
|
08/14/2024
|
1 Bed
|
1 Bath
|
-
|
$315,000
1 Bed
1 Bath
|
$315,000
01/23/2025
|
Iris Bluth
LAFFEY REAL ESTATE
| |
|
05/20/2024
|
2 Bed
|
1 Bath
|
-
|
$358,999
2 Bed
1 Bath
|
$370,000
+3.06%
10/22/2024
|
Andrew M. Pedote
Signature Premier Properties
| |
|
02/09/2022
|
1 Bed
|
1 Bath
|
-
|
$298,000
1 Bed
1 Bath
|
$280,000
-6.04%
07/27/2022
|
Edna Mashaal
Edna Mashaal Realty LLC
| |
|
06/07/2021
|
1 Bed
|
1 Bath
|
-
|
$268,000
1 Bed
1 Bath
|
$268,000
11/03/2021
|
Janice A. Eubank CBR GRI
LAFFEY REAL ESTATE
| |
|
05/13/2021
|
1 Bed
|
1 Bath
|
-
|
$240,000
1 Bed
1 Bath
|
$240,000
11/10/2021
|
Dean Graber MRP SFR
Keller Williams Rlty Landmark
| |
|
05/01/2020
|
1 Bed
|
1 Bath
|
-
|
$278,000
1 Bed
1 Bath
|
-
-
|
Jacob Baum
Keller Williams Rty Gold Coast
| |
|
07/02/2019
|
2 Bed
|
1 Bath
|
-
|
$295,000
2 Bed
1 Bath
|
$280,000
-5.08%
01/21/2020
|
Kay Lee CBR ABR
International Realty Inc
| |
|
10/18/2018
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
$249,900
02/20/2019
|
Maria C. Stramiello CBR
BERKSHIRE HATHAWAY
| |
|
01/05/2017
|
1 Bed
|
1 Bath
|
-
|
$245,000
1 Bed
1 Bath
|
$227,000
-7.35%
07/26/2017
|
Laurie Nocerito
Douglas Elliman Real Estate
| |
|
09/04/2015
|
1 Bed
|
1 Bath
|
-
|
$208,000
1 Bed
1 Bath
|
$195,000
-6.25%
02/26/2016
|
QIZHAN YAO
REALMART REALTY
| |
|
07/23/2015
|
1 Bed
|
1 Bath
|
-
|
$194,000
1 Bed
1 Bath
|
$189,000
-2.58%
02/11/2016
|
Susan Brethel
Madeleine S Bodner
| |
|
08/21/2014
|
2 Bed
|
1 Bath
|
-
|
$269,000
2 Bed
1 Bath
|
$250,000
-7.06%
07/27/2015
|
Edna Mashaal
Edna Mashaal Realty LLC
| |
|
05/19/2014
|
2 Bed
|
1 Bath
|
1097 ft²
|
$269,000
2 Bed
1 Bath
1097 ft²
|
$265,000
-1.49%
09/24/2014
|
Michele R. LaRocca CBR
Daniel Gale Sothebys Intl Rlty
| |
|
04/10/2013
|
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
$193,000
-5.85%
10/09/2013
|
Patricia Erker AHWD GRI CRS CBR SR
Douglas Elliman Real Estate
|
Building Info
About Great Neck
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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