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Kings Point 11024 Kings Point
4 Gilbert Rd E
$1,336,000
● House - Off Market

4 Gilbert Rd E

Great Neck, NY 11024
bedrooms
4 Beds
bathrooms
3 Baths
$1,832,326
RealtyHop Estimate
22.24%
Since Jun 1, 2021
NY-New York
Primary Model

About This Property

Don't Miss the Opportunity to Live in the Prestigious Village of Kings Point.  This Sun Drenched Ranch offers an Open Floor Plan with Vaulted Ceilings, Formal Living Room, Formal Dining Room, Den and Spacious Eat in Kitchen With Skylight  that leads to a Large Deck Which is Perfect for Indoor /Outdoor Entertaining. There is also a 2 Car Attached Garage, Unfinished Basement,  Attic and Security System plus Many More Extras. Kings Point has Many Parks and their Own Private Police Force. Call for Your Own Exclusive  Showing Today. Won't last !
Unit Size
-
Days on Market
115 days
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,289
HOA Dues
-
Year Built
1956

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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: 3 years ago (OneKey MLS #ONE3281011)

Price History

Date / Event Date Event Price
May 10, 2021 Sold
Premium
Sold
Feb 23, 2021 In contract -
In contract
Jan 15, 2021 Listed by Douglas Elliman Real Estate $1,499,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 11
  • 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: 6
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,358
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF KINGS POINT ESTATES
  • Land Acres: 0000000459
  • 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: KP
  • Census Tract: 300100

Geography

  • District: 282217
  • Section: 1
  • Parcel: 01-142-00-0003
  • Block: 142
  • Lot: 3
  • Municipality: KINGS POINT
  • Latitude: 40.8123
  • Longitude: -73.7386

    Address

  • Full Address: 4 Gilbert Rd E
  • Address - House Number: 4
  • Street Segment Direction: E
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C066
  • 4-Digit Zip Code: 1419
  • Zip Code: 11024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,906,601
  • Tax Rate Code Area: 758

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,327,308
  • High Value: 1,541,498
  • Low Value: 1,113,119

    Market Valuation

  • Market Total Value: $1,201,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,201
  • Assessed Land Value: $864
  • Assessed Improvements Value: $337

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-068479
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:

$1,310,000

Sale Price/ft²

$651

Below Asking

0.01%

Average Days on Market

103

Average Home Size

2723 ft²

Average Home Age

64.4 years

Currently For Sale

132 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 1 Ipswich Avenue, Great Neck, NY, 11021

$4,200 /mo

  • 2 Beds
  • 1 Bath
  • 928 ft²
1 Ipswich Avenue #128, Great Neck, NY, 11021 Listing by Jamila Dallal
Unit for rent at 1 Carlin Place, Great Neck, NY, 11023

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,900 ft²
1 Carlin Place, Great Neck, NY, 11023 Listing by Pegah Sedagatpour

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Gilbert Road East built and last sold?
The property at 4 Gilbert Road East was built in 1956 and last sold on May 5, 2021 for $1,336,000.
How much is this home worth?
The estimated value of the home located at 4 Gilbert Road East is $0.
What are some comparable homes to 4 Gilbert Road East?
There are currently no comparable homes to 4 Gilbert Road East.
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