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Great Neck Estates 11021 Great Neck Estates
205 Myrtle Drive
Photo of 205 Myrtle Drive
Sold on Aug 27, 2023

26

Map

Photo of 205 Myrtle Drive
Photo of 205 Myrtle Drive
$1,928,000
● House - Off Market

205 Myrtle Drive

North Hempstead, NY 11021
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,800 Ft²
$1,989,090
RealtyHop Estimate
0.56%
Since Sep 1, 2023
NY-New York
Primary Model

About This Property

Great Neck Estates Elegant Storybook Tudor on A Wonderful Block. Gracious Living Room with Fireplace; Formal Dining Room;.Gourmet Kitchen w/ Viking Appliances & Breakfast Bar Opening to the Formal Dining Room.1st Floor BR/Office with Full Bath; Large Family Rm with Built-in Fish Tank, Tray Ceiling & Wood Burning Fireplace, Laundry Room off Kitchen w/ Side Door to Driveway.  Finished Basement Recreation Room with 1/2 bath & Storage. Ceiling Fan in Every Bedroom. This gorgeous home has had 3 renovations - the most recent in 2019.  Residents Enjoy Great Neck Estates Private Waterfront Park Overlooking Little Neck Bay, Olympic Swimming Pool, Kiddie Pool, Indoor/Outdoor Tennis Courts, Playground, Marina, Dock & Sports Courts. Conveniently Located Near Town & LIRR. Saddle Rock Elementary, Option Great Neck South/North Middle/High Schools., Additional information: Appearance:Diamond
Unit Size
3,800 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$521
Property Type
House
Property Taxes
$2,170
HOA Dues
-
Year Built
1938

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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 #KEYL3467952)

Price History

Date / Event Date Event Price
Aug 27, 2023 Sold
Premium
Sold
Apr 25, 2023 In contract -
In contract
Mar 30, 2023 Listed by Edna Mashaal Realty LLC $1,978,000
Listed by Edna Mashaal Realty LLC
Mar 16, 2023 Relisted $1,988,000
Relisted
Mar 16, 2023 Withdrawn -
Withdrawn
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 8
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 140
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,830
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 3,324
  • Building Area: 3,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,324
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000249
  • 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: GE
  • Census Tract: 300500

Geography

  • District: 282211
  • Section: 2
  • Parcel: 02-012-00-0190
  • Block: 12
  • Lot: 190
  • Municipality: GREAT NECK ESTATES
  • Latitude: 40.7923
  • Longitude: -73.7393

    Address

  • Full Address: 205 Myrtle Dr
  • Address - House Number: 205
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C010
  • 4-Digit Zip Code: 1826
  • Zip Code: 11021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,887,376
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.0922
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 92
  • Final Value: 1,895,757
  • High Value: 2,070,627
  • Low Value: 1,720,887

    Market Valuation

  • Market Total Value: $1,440,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,440
  • Assessed Land Value: $639
  • Assessed Improvements Value: $801

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-53250
  • Previous Sale Recording Date: Mar 09, 1998
  • Previous Sale Contract Date: Feb 24, 1998
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,296,500

Sale Price/ft²

$653

Below Asking

0.01%

Average Days on Market

100

Average Home Size

3338 ft²

Average Home Age

65.1 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 4740 Glenwood Street, Little Neck, NY, 11362

$5,335 - $5,748 /mo

  • 3 Beds
  • 2 Baths
  • 1,958 ft²
4740 Glenwood Street, Little Neck, NY, 11362 Listing by Fenger Zou
Unit for rent at 27 Upland Road, Great Neck, NY, 11020

$5,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,832 ft²
27 Upland Road, Great Neck, NY, 11020 Listing by Christine C. Seo SFR
Unit for rent at 218 Middle Neck Road, Great Neck, NY, 11021

$5,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,189 ft²
218 Middle Neck Road #313, Great Neck, NY, 11021 Listing by Debbie Menjivar

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 205 Myrtle Drive built and last sold?
The property at 205 Myrtle Drive was built in 1938 and last sold on Aug 25, 2023 for $1,928,000.
How much is this home worth?
The estimated value of the home located at 205 Myrtle Drive is $0.
What are some comparable homes to 205 Myrtle Drive?
There are currently no comparable homes to 205 Myrtle Drive.
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