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Great Neck 11023 Great Neck
30 Franklin Place
Photo of 30 Franklin Place
Sold on Mar 20, 2023

18

Map

Photo of 30 Franklin Place
Photo of 30 Franklin Place
$1,035,000
● House - Off Market

30 Franklin Place

North Hempstead, NY 11023
bedrooms
4 Beds
bathrooms
1 Bath
$1,107,947
RealtyHop Estimate
5.62%
Since Apr 1, 2023
NY-New York
Primary Model

About This Property

Come and see this beautifully maintained 4 bedroom high ranch. Main floor has three large bedroom, Eat in kitchen , formal dining room and bath. Lower level has a bedroom large family room/den/ laundry and attached garage. This property is conveniently located near shopping, parks, houses of worship and more., Additional information: Appearance:Mint
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,224
HOA Dues
-
Year Built
1967

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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 #KEYL3450641)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Jan 19, 2023 In contract -
In contract
Jan 4, 2023 Listed by LAFFEY REAL ESTATE $1,049,000
Listed by LAFFEY REAL ESTATE

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 17
  • 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: 338
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,662
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: GN
  • Census Tract: 300400

Geography

  • District: 282209
  • Section: 1
  • Parcel: 01-090-00-0316
  • Block: 90
  • Lot: 316
  • Municipality: GREAT NECK
  • Latitude: 40.8041
  • Longitude: -73.7311

    Address

  • Full Address: 30 Franklin Pl
  • Address - House Number: 30
  • Address - Street Name: Franklin
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C016
  • 4-Digit Zip Code: 1229
  • Zip Code: 11023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,091,879
  • Tax Rate Code Area: 755

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 69
  • Final Value: 1,035,030
  • High Value: 1,263,463
  • Low Value: 806,598

    Market Valuation

  • Market Total Value: $749,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $749
  • Assessed Land Value: $405
  • Assessed Improvements Value: $344

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 20, 2023
  • Current Sale Recording Date: Mar 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-18577
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:

$1,298,000

Sale Price/ft²

$653

Below Asking

0.01%

Average Days on Market

102

Average Home Size

2852 ft²

Average Home Age

64.4 years

Currently For Sale

138 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 15 Maple Grove Street, Great Neck, NY, 11023

$5,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,383 ft²
15 Maple Grove Street, Great Neck, NY, 11023 Listing by Akhtar Y. Somekh
Unit for rent at 171 Great Neck, Great Neck, NY, 11021

$5,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
171 Great Neck, Great Neck, NY, 11021 Listing by Pegah Sedagatpour
Unit for rent at 218 Middle Neck Road, Great Neck, NY, 11021

$5,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,189 ft²
218 Middle Neck Road #313, Great Neck, NY, 11021 Listing by Debbie Menjivar

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 30 Franklin Place built and last sold?
The property at 30 Franklin Place was built in 1967 and last sold on Mar 20, 2023 for $1,035,000.
How much is this home worth?
The estimated value of the home located at 30 Franklin Place is $1,059,490.
What are some comparable homes to 30 Franklin Place?
There are currently no comparable homes to 30 Franklin Place.
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