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East Hills 11576 East Hills
380 Chestnut Drive
Photo of 380 Chestnut Drive
Sold on Apr 26, 2023

19

Map

Photo of 380 Chestnut Drive
Photo of 380 Chestnut Drive
$1,280,000
● House - Off Market

380 Chestnut Drive

North Hempstead, NY 11576
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,271 Ft²
$1,372,503
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Unique Opportunity to Renovate or Build Your Dream Home in Sought After Country Estates. Expanded 4 Bedroom; 4 Bathroom with Additional Bedroom or Home Office, Royale Colonial on .45 Acres Offers Plenty of Living Space with LR/DR, Den and Great Room. This Sundrenched Homes Has a Primary Suite on the 2nd Level, 2 Additional Bedrooms and 1 Additional Bath. Garage Entry is Thru the Basement Lending Itself to More Living Space Above. Beautiful Street Presence and Flat Backyard. Roslyn Schools. Membership to the Park at East Hills. House is being sold "AS IS."
Unit Size
3,271 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$412
Property Type
House
Property Taxes
$2,005
HOA Dues
-
Year Built
1959

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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 #KEYL3445806)

Price History

Date / Event Date Event Price
Jan 6, 2023 In contract -
In contract
Nov 30, 2022 Listed by Compass Greater NY LLC $1,349,000
Listed by Compass Greater NY LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 552
  • Garage Type: 17
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,428
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 3,271
  • Building Area: 3,271
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,271
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000446
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 003

Neighborhood

  • School District Name: Roslyn Union Free School District
  • School Tax School District: 003
  • School Tax District Code 2: EH
  • Census Tract: 302101

Geography

  • District: 282203
  • Section: 7
  • Parcel: 07-287-00-0003
  • Block: 287
  • Lot: 3
  • Municipality: EAST HILLS
  • Latitude: 40.7977
  • Longitude: -73.6329

    Address

  • Full Address: 380 Chestnut Dr
  • Address - House Number: 380
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Roslyn
  • Carrier Code: C008
  • 4-Digit Zip Code: 2338
  • Zip Code: 11576

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,281,704
  • Tax Rate Code Area: 805

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 75
  • Final Value: 1,567,521
  • High Value: 1,860,557
  • Low Value: 1,274,485

    Market Valuation

  • Market Total Value: $1,157,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,157
  • Assessed Land Value: $441
  • Assessed Improvements Value: $716

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-25817

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,649,500

Sale Price/ft²

$660

Below Asking

0.01%

Average Days on Market

92

Average Home Size

3124 ft²

Average Home Age

63.7 years

Currently For Sale

81 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 7 Warner Avenue, Roslyn Heights, NY, 11577

$5,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,291 ft²
7 Warner Avenue, Roslyn Heights, NY, 11577 Listing by Maria Priovolos
Unit for rent at 61 Bryant Avenue, Roslyn Harbor, NY, 11576

$5,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,220 ft²
61 Bryant Avenue #208, Roslyn Harbor, NY, 11576 Listing by Michelle Holmes
Unit for rent at 21 Sherrard Street, Roslyn Heights, NY, 11577

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 992 ft²
21 Sherrard Street, Roslyn Heights, NY, 11577 Listing by John Giacobbe

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 380 Chestnut Drive built and last sold?
The property at 380 Chestnut Drive was built in 1959 and last sold on Apr 26, 2023 for $1,280,000.
How much is this home worth?
The estimated value of the home located at 380 Chestnut Drive is $0.
What are some comparable homes to 380 Chestnut Drive?
There are currently no comparable homes to 380 Chestnut Drive.
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