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Manhasset Hills 11040 Manhasset Hills
288 Continental Drive
$935,000
● House - Off Market

288 Continental Drive

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,419,749
RealtyHop Estimate
48.04%
Since Jul 1, 2018
NY-New York
Primary Model

About This Property

Manhasset Hills Prime Location. Newly Renovated. Open Layout Split Level. Close To Public Transportation And Shopping Center. Hardwood Floors Throughout. Living Room Has High Vaulted Ceilings And Oversized Bay Window. Master Bedroom W/ Full Bath. Ground Level Den With Separate Entrance. Central A/C. Attached 2 Car Garage. Property Tax Grievance Filed For 19/20 Tax Year.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,424
HOA Dues
-
Year Built
1963

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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: 5 months ago (OneKey MLS #KEYL2986344)

Price History

Date / Event Date Event Price
Jul 2, 2018 Sold
Premium
Sold
Nov 16, 2017 Listed by Keller Williams Rty Gold Coast $959,000
Listed by Keller Williams Rty Gold Coast
Jul 31, 2015 Sold
Premium
Sold
Feb 2, 2015 Listed by Keller Williams Rty Gold Coast $865,000
Listed by Keller Williams Rty Gold Coast

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 430
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,545
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,912
  • Building Area: 1,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF WESTWOOD KNOLLS
  • Land Acres: 0000000219
  • 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: 303101

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-269-00-0014
  • Block: 269
  • Lot: 14
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7595
  • Longitude: -73.6869

    Address

  • Full Address: 288 Continental Dr
  • Address - House Number: 288
  • Address - Street Name: Continental
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C035
  • 4-Digit Zip Code: 1004
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,049,620
  • Tax Rate Code Area: 740

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,202,077
  • High Value: 1,400,613
  • Low Value: 1,003,542

    Market Valuation

  • Market Total Value: $921,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $921
  • Assessed Land Value: $510
  • Assessed Improvements Value: $411

    Sales

  • Current Sale Contract Date: Jun 19, 2018
  • Current Sale Recording Date: Jul 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-057823
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Contract Date: Jul 15, 2015
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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:

$1,750,880

Sale Price/ft²

$744

Below Asking

0.01%

Average Days on Market

95

Average Home Size

3261 ft²

Average Home Age

50.7 years

Currently For Sale

58 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 160 Dove Hill Drive, Manhasset, NY, 11030

$6,900 /mo

  • 2 Beds
  • 2 Baths
  • 3,481 ft²
160 Dove Hill Drive, Manhasset, NY, 11030 Listing by Ken I. Deutsch CBR GRI
Unit for rent at 18 Linden Street, Great Neck, NY, 11021

$3,850 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
18 Linden Street, Great Neck, NY, 11021 Listing by Pegah Sedagatpour
Unit for rent at 14 Linden Street, Great Neck, NY, 11021

$3,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,980 ft²
14 Linden Street, Great Neck, NY, 11021 Listing by Dina Yusupova

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 288 Continental Drive built and last sold?
The property at 288 Continental Drive was built in 1963 and last sold on Jun 19, 2018 for $935,000.
How much is this home worth?
The estimated value of the home located at 288 Continental Drive is $968,590.
What are some comparable homes to 288 Continental Drive?
There are currently no comparable homes to 288 Continental Drive.
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