by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Manhasset Hills 11040 Manhasset Hills
43 Flag Lane
$1,160,000
● House - Off Market

43 Flag Lane

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,550 Ft²
$1,291,359
RealtyHop Estimate
7.61%
Since Dec 1, 2022
NY-New York
Primary Model

About This Property

Come See This Spacious & Beautiful 4BR 2.5Bth Expanded Split In Manhasset HIlls Situated Mid-block On A Lovely Street.Herricks Schools.Great Layout! Featuring An Oversized Living Room W/Vaulted Ceiling & Gleaming Wood Floors, Eat-In-Kitchen W/ A Bright & Sun-Filled Breakfast Area. Adjacent To The EIK Is The Formal Dining Room W/ Sliders Leading Out To A Lovely Covered Terrace. This Home Proudly Showcases An Over-Sized 600Sq Feet Extended Family Room W/Woodburning Fireplace & Beamed Ceilings.The Extension Is Sun-Filled, Breezy, Surrounded By Windows And Has Vaulted Ceilings & Built-Ins. 2 French Doors Leads Outside To A Stone Patio & Fenced Backyard. Perfect For Entertaining!! The Upper Level Houses All 4 Bedrooms - Master Bedroom With Ensuite Bath & 3 Additonal Bedrooms,All Good-Sized, & A Spacious Hallway Bathroom. Brand New Electrical Panel- Upgraded To 200Amps, Brand New Fencing, Newer Roof, Siding, & Windows. Gas Cooking & Heating, Central AC. *Taxes Were Not Grieved Previously., Additional information: Appearance:Very Good,Separate Hotwater Heater:Y
Unit Size
2,550 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$471
Property Type
House
Property Taxes
$1,782
HOA Dues
-
Year Built
1963

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #KEYL3387853)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Aug 18, 2022 In contract -
In contract
Mar 31, 2022 Listed by EXP Realty $1,200,000
Listed by EXP Realty

Property Highlights

Garage
Air Conditioning
Fireplace

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
  • 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: 428
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,640
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,546
  • Building Area: 2,546
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,546
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 303101

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-284-00-0024
  • Block: 284
  • Lot: 24
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7569
  • Longitude: -73.6835

    Address

  • Full Address: 43 Flag Ln
  • Address - House Number: 43
  • Address - Street Name: Flag
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C038
  • 4-Digit Zip Code: 1049
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,967,530
  • Tax Rate Code Area: 740

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,265,266
  • High Value: 1,492,065
  • Low Value: 1,038,467

    Market Valuation

  • Market Total Value: $954,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $954
  • Assessed Land Value: $446
  • Assessed Improvements Value: $508

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-113749

    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 Manhasset

Stats & Trends

Median Asking:

$1,775,000

Sale Price/ft²

$743

Below Asking

0.01%

Average Days on Market

97

Average Home Size

3224 ft²

Average Home Age

50.1 years

Currently For Sale

60 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 398 Bauer Place, Mineola, NY, 11501

$4,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,475 ft²
398 Bauer Place, Mineola, NY, 11501 Listing by Lin Li
Unit for rent at 111 Fulton Avenue, Garden City Park, NY, 11040

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,664 ft²
111 Fulton Avenue, Garden City Park, NY, 11040 Listing by Hong Guo
Unit for rent at 190 Bryant Avenue, Floral Park, NY, 11001

$2,600 /mo

  • 1 Bed
  • 1 Bath
  • 1,588 ft²
190 Bryant Avenue #2, Floral Park, NY, 11001 Listing by Sandra L. Valis

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 43 Flag Lane built and last sold?
The property at 43 Flag Lane was built in 1963 and last sold on Nov 23, 2022 for $1,160,000.
How much is this home worth?
The estimated value of the home located at 43 Flag Lane is $1,249,127.
What are some comparable homes to 43 Flag Lane?
There are currently no comparable homes to 43 Flag Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Manhasset Hills Homes for Sale
Manhasset Hills Houses for Sale
Manhasset Hills Homes with Basements
Manhasset Hills Homes with Pools
Manhasset Hills Homes with Parking
Manhasset Hills Homes with Garages
Manhasset Hills Homes with a View
Manhasset Hills Homes with Guest House
Nearby Cities
North Hills Homes for Sale
North New Hyde Park Homes for Sale
Garden City Park Homes for Sale
Williston Park Homes for Sale
Albertson Homes for Sale
Searingtown Homes for Sale
Lake Success Homes for Sale
Herricks Homes for Sale
Nearby Property Records
Nassau County, NY Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Bergen County, NJ Property Records
Westchester County, NY Property Records
Essex County, NJ Property Records
Rockland County, NY Property Records
Union County, NJ Property Records
Neighborhoods
Glen Oaks Real Estate
Roslyn Heights Real Estate
Searingtown Real Estate
Lake Success Real Estate
Top Real Estate Agents
Top Agents in Manhasset Hills
Top Agents in 11040
Top Agents in Glen Oaks
Top Agents in North Hills
Top Agents in North New Hyde Park
Top Agents in 11004
Top Agents in 11005
Top Agents in Roslyn Heights