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Garden City Park 11040 Garden City Park
242 Devonshire Drive
$635,000
● House - Off Market

242 Devonshire Drive

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,187 Ft²
$1,042,379
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

The Best Location, 4 Bedroom, 2 Bath Charming Cape, Updated Kitchen And Bathroom. Hardwood Floor. Open Layout. 3 Duckless Ac System On Main Floor. View Of And Near Park Circle. Near Public Trans. Herricks Sd., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
1,187 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$554
Property Type
House
Property Taxes
$687
HOA Dues
-
Year Built
1950

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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: 5 months ago (OneKey MLS #KEYL2956137)

Price History

Date / Event Date Event Price
Apr 20, 2023 Sold
Premium
Sold
Mar 12, 2023 Delisted -
Delisted
Mar 7, 2023 In contract -
In contract
Mar 2, 2023 Listed by SunCity Prop Inc $825,000
Listed by SunCity Prop Inc
Dec 12, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,187
  • Building Area: 1,187
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,187
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 009

Neighborhood

  • School District Name: Herricks Union Free School District
  • School Tax School District: 009
  • Census Tract: 303203

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-531-00-0012
  • Block: 531
  • Lot: 12
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7489
  • Longitude: -73.6677

    Address

  • Full Address: 242 Devonshire Dr
  • Address - House Number: 242
  • Address - Street Name: Devonshire
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C010
  • 4-Digit Zip Code: 3529
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,347,710
  • Tax Rate Code Area: 757

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 768,881
  • High Value: 904,210
  • Low Value: 633,551

    Market Valuation

  • Market Total Value: $645,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645
  • Assessed Land Value: $334
  • Assessed Improvements Value: $311

    Sales

  • Current Sale Contract Date: Apr 18, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-23528
  • Previous Sale Recording Date: Dec 12, 2017
  • Previous Sale Contract Date: Dec 01, 2017
  • Previous Sale Amount: $635,000
  • 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 Garden City Park

Stats & Trends

Median Asking:

$975,000

Sale Price/ft²

$582

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1772 ft²

Average Home Age

57.5 years

Currently For Sale

13 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 60 Wimbledon Drive, Roslyn, NY, 11576

$7,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,360 ft²
60 Wimbledon Drive #60, Roslyn, NY, 11576 Listing by Ronit Berman CBR
Unit for rent at 36 Wimbledon Drive, Roslyn, NY, 11576

$7,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,432 ft²
36 Wimbledon Drive, Roslyn, NY, 11576 Listing by Ronit Berman CBR
Unit for rent at 2 Tottenham Place, New Hyde Park, NY, 11040

$4,700 /mo

  • 2 Beds
  • 2 Baths
  • 2,230 ft²
2 Tottenham Place #1FL, New Hyde Park, NY, 11040 Listing by Celia M. Santos

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 242 Devonshire Drive built and last sold?
The property at 242 Devonshire Drive was built in 1950 and last sold on Apr 18, 2023 for $750,000.
How much is this home worth?
The estimated value of the home located at 242 Devonshire Drive is $833,250.
What are some comparable homes to 242 Devonshire Drive?
There are currently no comparable homes to 242 Devonshire Drive.
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