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Great Neck 11023 Great Neck
4 Fairview Avenue
$585,000
● House - Off Market

4 Fairview Avenue

North Hempstead, NY 11023
bedrooms
2 Beds
bathrooms
1 Bath
$988,878
RealtyHop Estimate
65.36%
Since Aug 1, 2014
NY-New York
Primary Model

About This Property

Charming 2 Br Home In The Village Of Great Neck. Features Hardwood Floors, Gas Heat And Cac. Close To Town And Houses Of Worship. Wonderful Opportunity To Make Your Dream Home., Additional information: Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
1918

Payment Calculator

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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: 5 months ago (OneKey MLS #KEYL2647709)

Price History

Date / Event Date Event Price
Jul 29, 2014 Sold
Premium
Sold
Feb 17, 2014 Listed by Daniel Gale Real Estate $598,000
Listed by Daniel Gale Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 1
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 6,650
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,763
  • Gross Building Area: 1,763
  • Building Area: 1,763
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,763
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000153
  • Standard Land Use Code: 9101
  • County Land Use Code: 6201
  • 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: 01-053-00-0624
  • Block: 53
  • Lot: 624
  • Municipality: GREAT NECK
  • Latitude: 40.8027
  • Longitude: -73.7353

    Address

  • Full Address: 4 Fairview Ave
  • Address - House Number: 4
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C016
  • 4-Digit Zip Code: 1428
  • Zip Code: 11023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,127,867
  • Tax Rate Code Area: 755

    Market Valuation

  • Market Total Value: $691,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $691
  • Assessed Land Value: $447
  • Assessed Improvements Value: $244

    Sales

  • Current Sale Contract Date: Jul 18, 2014
  • Current Sale Recording Date: Jul 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014072901525
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:

$1,299,000

Sale Price/ft²

$647

Below Asking

0.01%

Average Days on Market

102

Average Home Size

2806 ft²

Average Home Age

64.4 years

Currently For Sale

137 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 12 Bond Street, Great Neck, NY, 11021

$6,999 /mo

  • 2 Beds
  • 2 Baths
12 Bond Street #5B, Great Neck, NY, 11021 Listing by Jouliet Mairzadeh Sakhai
Unit for rent at 5 Gilbert Road, Great Neck, NY, 11024

$8,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,908 ft²
5 Gilbert Road, Great Neck, NY, 11024 Listing by Janet Etessami
Unit for rent at 27 Martin Court, Great Neck, NY, 11024

$7,900 /mo

  • 3 Beds
  • 3 Baths
  • 3,517 ft²
27 Martin Court, Great Neck, NY, 11024 Listing by Rosaline Livian

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Fairview Avenue built and last sold?
The property at 4 Fairview Avenue was built in 1918 and last sold on Jul 18, 2014 for $585,000.
How much is this home worth?
The estimated value of the home located at 4 Fairview Avenue is $603,980.
What are some comparable homes to 4 Fairview Avenue?
There are currently no comparable homes to 4 Fairview Avenue.
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