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North Hills 11030 North Hills
21 Gracewood Drive
Photo of 21 Gracewood Drive
Sold on Sep 5, 2025

40

Map

Photo of 21 Gracewood Drive
Photo of 21 Gracewood Drive
$3,390,000
● House - Off Market

21 Gracewood Drive

North Hempstead, NY 11030
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,500 Ft²
$21,613
Est. Monthly
$1,675
HOA / Fees
0.19%
Cap Rate

About This Property

GRACEWOOD: Magnificent 4500 SF Colonial in Premier Gated Community in Manhasset/North Hills. LARGE PRIMARY BEDROOM on Main Floor with HIS & HER BATHROOMS & HIS & HER WALK-IN CLOSETS. 4/5 Bedrooms w 4.5 Bathrooms. Additional 2,000 Square Foot Finished WALK-OUT Lower Level with Oversized Playroom and Home Theater Surround Sound System. This Mint Condition MADISON Model has it all which includes Magnificent Custom Built-Ins, Crestron System Throughout Entire Home, Elaborate HD Camera System, Lutron Lighting System, Full House 60 KW Generator, Oversized Teak Wraparound Deck w Built-In BBQ, Oversized Professionally Landscaped Property, Water Purification System. Radiant Heat, High Ceilings Throughout Including the Basement. Manhasset SD. Close to All Major Highways, LIRR & The Americana Shopping Center.
Unit Size
4,500 Ft²
Days on Market
105 days
Land Size
0.39 acres
Price per sqft
$778
Property Type
House
Property Taxes
$2,757
HOA Dues
$1,675
Year Built
2001

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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 #KEY865183)

Price History

Date / Event Date Event Price
Sep 5, 2025 Sold
Premium
Sold
Jun 4, 2025 In contract -
In contract
May 22, 2025 Listed by Automatic Real Estate Assoc $3,499,000
Listed by Automatic Real Estate Assoc
Mar 18, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 3
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 512
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,858
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 850
  • Total Building Area: 4,097
  • Building Area: 4,097
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,097
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000387
  • Standard Land Use Code: 1001
  • County Land Use Code: 2102
  • Legal Description 1: TOWN #2 SCH DIST 006

Neighborhood

  • School District Name: Manhasset Union Free School District
  • School Tax School District: 006
  • School Tax District Code 2: NH
  • Census Tract: 300902

Geography

  • District: 282229
  • Section: 3
  • Parcel: 03-238-00-0079
  • Block: 238
  • Lot: 79
  • Municipality: NORTH HILLS
  • Latitude: 40.7805
  • Longitude: -73.6704

    Address

  • Full Address: 21 Gracewood Dr
  • Address - House Number: 21
  • Address - Street Name: Gracewood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Manhasset
  • Carrier Code: C024
  • 4-Digit Zip Code: 3931
  • Zip Code: 11030

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,689,296
  • Tax Rate Code Area: 861 773

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 2,725,327
  • High Value: 3,165,117
  • Low Value: 2,285,537

    Market Valuation

  • Market Total Value: $2,515,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,515
  • Assessed Land Value: $1,026
  • Assessed Improvements Value: $1,489

    Sales

  • Current Sale Contract Date: Mar 11, 2002
  • Current Sale Recording Date: Mar 18, 2002
  • Current Sale Price:
    Premium
  • Current 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 Manhasset

Stats & Trends

Median Asking:

$1,750,440

Sale Price/ft²

$742

Below Asking

0.01%

Average Days on Market

93

Average Home Size

3233 ft²

Average Home Age

50.3 years

Currently For Sale

63 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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$5,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,220 ft²
61 Bryant Avenue #208, Roslyn Harbor, NY, 11576 Listing by Michelle Holmes
Unit for rent at 104 Sheridan Avenue, Williston Park, NY, 11596

$5,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,422 ft²
104 Sheridan Avenue, Williston Park, NY, 11596 Listing by Celia M. Santos
Unit for rent at 24 Lumber Road, Roslyn, NY, 11576

$5,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
24 Lumber Road #3, Roslyn, NY, 11576 Listing by Saffet P. Ogeturk SFR CBR

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 21 Gracewood Drive built and last sold?
The property at 21 Gracewood Drive was built in 2001 and last sold on Mar 11, 2002 for $1,121,290.
How much is this home worth?
The estimated value of the home located at 21 Gracewood Drive is $0.
What are some comparable homes to 21 Gracewood Drive?
There are currently no comparable homes to 21 Gracewood Drive.
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