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Manhasset Hills 11040 Manhasset Hills
309 Continental Drive
$1,450,000
● House - Off Market

309 Continental Drive

North Hempstead, NY 11040
bedrooms
5 Beds
bathrooms
3 Baths
$1,369,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
NY-New York
Primary Model

About This Property

Don't miss the opportunity to see this beautiful high-ranch style home, located in the highly sought-after residential neighborhood of Manhasset Hills and Great Neck South school district. With 5 bedrooms, a spacious open layout, and 3 full bathrooms, this home has endless possibilities.  The east-facing living room features wood floors and provides ample natural light. A formal dining room and large eat-in kitchen with skylights is perfect for entertaining. The attached 2 car garage provides convenient access to the home, and the private driveway can accommodate 4 additional cars.  This home sits on an expansive 8,540 sqft lot, with a beautifully manicured landscape, perfect for outdoor activities and entertaining. Conveniently located close to schools, parks, highways, shops, and entertainment, this home is a must-see! School district: SD#7 Great Neck South and Lakeville Elementary School., Additional information: Appearance:excellent,Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,217
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: 6 months ago (OneKey MLS #KEYL3502118)

Price History

Date / Event Date Event Price
Dec 12, 2023 Sold
Premium
Sold
Nov 10, 2023 Sold
Premium
Sold
Oct 20, 2023 In contract -
In contract
Sep 5, 2023 Listed by Chous Realty Group Inc $1,369,000
Listed by Chous Realty Group Inc
Nov 16, 1999 Sold
Premium
Sold

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: 5
  • 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: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,540
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF WESTWOOD KNOLLS SECTION 2
  • Land Acres: 0000000196
  • 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
  • Census Tract: 303101

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-277-00-0005
  • Block: 277
  • Lot: 5
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7608
  • Longitude: -73.6874

    Address

  • Full Address: 309 Continental Dr
  • Address - House Number: 309
  • Address - Street Name: Continental
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C035
  • 4-Digit Zip Code: 1005
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,460,379
  • Tax Rate Code Area: 738

    Appraisal Valuation

  • Standard Deviation: 0.0926
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 1,324,041
  • High Value: 1,446,724
  • Low Value: 1,201,358

    Market Valuation

  • Market Total Value: $910,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $910
  • Assessed Land Value: $445
  • Assessed Improvements Value: $465

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-74135
  • Previous Sale Recording Date: Nov 16, 1999
  • Previous Sale Contract Date: Oct 22, 1999
  • Previous Sale Amount: $498,888
  • Previous Sale Document Type: 12
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:

$1,762,940

Sale Price/ft²

$747

Below Asking

0.01%

Average Days on Market

96

Average Home Size

3367 ft²

Average Home Age

47.9 years

Currently For Sale

54 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 111 Fulton Avenue, Garden City Park, NY, 11040

$5,900 /mo

  • 4 Beds
  • 2 Baths
  • 2,664 ft²
111 Fulton Avenue, Garden City Park, NY, 11040 Listing by Hong Guo
Unit for rent at 160 Dove Hill Drive, Manhasset, NY, 11030

$6,900 /mo

  • 3 Beds
  • 2 Baths
  • 3,481 ft²
160 Dove Hill Drive, Manhasset, NY, 11030 Listing by Ken I. Deutsch CBR GRI
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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 309 Continental Drive built and last sold?
The property at 309 Continental Drive was built in 1963 and last sold on Nov 10, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 309 Continental Drive is $1,382,690.
What are some comparable homes to 309 Continental Drive?
There are currently no comparable homes to 309 Continental Drive.
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