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Kings Point 11024 Kings Point
Undisclosed Address
$2,000,000
● House - Off Market

Undisclosed Address

Great Neck, NY 11024
bedrooms
4 Beds
bathrooms
3 Baths
$12,971
Est. Monthly
1.42%
Cap Rate
Unit Size
-
Days on Market
19 days
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,922
HOA Dues
-
Year Built
1951

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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: 2 years ago (OneKey MLS #ONE3581807)

Price History

Date / Event Date Event Price
Oct 16, 2024 Sold
Premium
Sold
Sep 29, 2024 In contract -
In contract
Sep 27, 2024 Listed by Edna Mashaal Realty LLC $2,250,000
Listed by Edna Mashaal Realty LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 264
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 3,060
  • Building Area: 3,060
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,060
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • 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: KP
  • Census Tract: 300100

Geography

  • District: 282217
  • Section: 1
  • Parcel: 01-137-00-0009
  • Block: 137
  • Lot: 9
  • Municipality: KINGS POINT
  • Latitude: 40.813
  • Longitude: -73.74

    Address

  • Full Address: 3 Gilbert Rd W
  • Address - House Number: 3
  • Street Segment Direction: W
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C066
  • 4-Digit Zip Code: 1444
  • Zip Code: 11024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,748,480
  • Tax Rate Code Area: 758

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,505,902
  • High Value: 1,748,912
  • Low Value: 1,262,892

    Market Valuation

  • Market Total Value: $1,279,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,279
  • Assessed Land Value: $744
  • Assessed Improvements Value: $535

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
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

0.02%

Average Days on Market

101

Average Home Size

2901 ft²

Average Home Age

65 years

Currently For Sale

141 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 100 Cuttermill Road, Hempstead, NY, 11021

$5,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
100 Cuttermill Road #3H, Hempstead, NY, 11021 Listing by Dayu Li
Unit for rent at 38 Knightsbridge Road, Great Neck, NY, 11021

$4,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
38 Knightsbridge Road #2E, Great Neck, NY, 11021 Listing by Cheryl M. Vittiglio

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 3 Gilbert Road West built and last sold?
The property at 3 Gilbert Road West was built in 1951 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Gilbert Road West is $0.
What are some comparable homes to 3 Gilbert Road West?
There are currently no comparable homes to 3 Gilbert Road West.
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