216 Birch Drive
About This Property
Step inside to discover beautiful hardwood floors throughout, an abundance of natural light, and a layout that's perfect for both everyday living and entertaining. The main level includes a bright living room, formal dining area, a large eat-in kitchen with direct access to the backyard deck, one bedroom, a half bathroom, and a convenient laundry area. Just a few steps down, you'll find a cozy family room with built-in shelving and a wood-burning fireplace-perfect for relaxing evenings.
Upstairs offers three additional bedrooms, including a spacious primary suite with a private full bath, plus another full bathroom.
Additional practical features include a 2-car attached garage and a beautifully landscaped backyard with a deck ideal for outdoor entertaining or simply unwinding.
This home has been thoughtfully designed to provide both comfort and functionality offering everything you need to enjoy the best of in New Hyde Park.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$1,299,000
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Decreased |
$1,399,000
↓ $71K
(4.8%) | |
| Price Decreased | |||
| Jun 14, 2025 | Relisted | $1,470,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017