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Searingtown 11507 Searingtown
38 Piper Drive
Photo of 38 Piper Drive
Sold on Jul 14, 2025

25

Map

Photo of 38 Piper Drive
Photo of 38 Piper Drive
$1,680,000
● House - Off Market

38 Piper Drive

North Hempstead, NY 11507
bedrooms
4 Beds
bathrooms
3 Baths
$10,207
Est. Monthly
2.18%
Cap Rate

About This Property

Welcome to this beautiful Colonial located in the prestigious town of Searingtown, just minutes from the renowned Americana Manhasset, offering world-class shopping and dining. This charming residence boasts hardwood floors throughout, featuring 4 spacious bedrooms and 3 full bathrooms. The main floor offers a formal dining room, a cozy living room, and a den with a gas fireplace-perfect for gatherings and relaxation. The updated kitchen is a chef's delight, with a large island, granite countertops, and a lovely sit-in area, making it the heart of the home. The finished basement provides additional living space for entertainment or storage, while the outdoor deck is ideal for hosting or enjoying a peaceful retreat. The property is beautifully landscaped, adding to the overall curb appeal.
Unit Size
-
Days on Market
280 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,860
HOA Dues
-
Year Built
1963

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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 #KEYL3583489)

Price History

Date / Event Date Event Price
Jul 14, 2025 Sold
Premium
Sold
Dec 2, 2024 In contract -
In contract
Oct 7, 2024 Listed by Nest Seekers LLC $1,700,000
Listed by Nest Seekers LLC
Jan 28, 2002 Sold
Premium
Sold
Aug 27, 2001 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: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 405
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 4

    Dimensions

  • Lot Size Square Feet: 9,225
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,792
  • Building Area: 2,792
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • 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: 302300

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-639-00-0093
  • Block: 639
  • Lot: 93
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7671
  • Longitude: -73.6587

    Address

  • Full Address: 38 Piper Dr
  • Address - House Number: 38
  • Address - Street Name: Piper
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albertson
  • Carrier Code: C009
  • 4-Digit Zip Code: 1517
  • Zip Code: 11507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,293,121
  • Tax Rate Code Area: 707

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 1,368,923
  • High Value: 1,599,939
  • Low Value: 1,137,907

    Market Valuation

  • Market Total Value: $960,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $960
  • Assessed Land Value: $481
  • Assessed Improvements Value: $479

    Sales

  • Current Sale Contract Date: Jan 23, 2002
  • Current Sale Recording Date: Jan 28, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 27, 2001
  • Previous Sale Contract Date: Aug 07, 2001
  • Previous Sale Amount: $512,000
  • 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 Greater Roslyn

Stats & Trends

Median Asking:

$1,610,500

Sale Price/ft²

$649

Below Asking

0.01%

Average Days on Market

94

Average Home Size

3095 ft²

Average Home Age

65.2 years

Currently For Sale

82 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 101 Searing Avenue, Mineola, NY, 11501

$4,900 /mo

  • 1 Bed
  • 1 Bath
  • 1,155 ft²
101 Searing Avenue #410, Mineola, NY, 11501 Listing by Julia Krispeal
Unit for rent at 159 Harrison Avenue, Mineola, NY, 11501

$5,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,820 ft²
159 Harrison Avenue #C, Mineola, NY, 11501 Listing by Matthew Barroca
Unit for rent at 116 Searing Avenue, Mineola, NY, 11501

$4,835 /mo

  • 2 Beds
  • 2 Baths
  • 1,297 ft²
116 Searing Avenue #PHS407, Mineola, NY, 11501 Listing by Michelle Holmes

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 38 Piper Drive built and last sold?
The property at 38 Piper Drive was built in 1963 and last sold on Jan 23, 2002 for $748,000.
How much is this home worth?
The estimated value of the home located at 38 Piper Drive is $1,717,000.
What are some comparable homes to 38 Piper Drive?
There are currently no comparable homes to 38 Piper Drive.
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