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Manhasset 11030 Manhasset
48 Normandy Lane
$1,720,000
● House - Off Market

48 Normandy Lane

North Hempstead, NY 11030
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$9,924
Est. Monthly
2.55%
Cap Rate

About This Property

Beautifully appointed colonial residence with private yard. Inviting entry foyer, living room with FPLC and yard views, renovated open eat-in-kitchen with impressive island and easy access to the private yard and deck. A large primary en suite with renovated bathroom, 2 additional bedrooms and 1 in the walk-out lower level., Additional information: Appearance:Diamond,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,586
HOA Dues
-
Year Built
1938

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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: 4 months ago (OneKey MLS #KEYL3581270)

Price History

Date / Event Date Event Price
Dec 5, 2024 Sold
Premium
Sold
Sep 25, 2024 Listed by Compass Greater NY LLC $1,698,000
Listed by Compass Greater NY LLC
May 30, 2019 Sold
Premium
Sold
Oct 18, 2018 Listed by Compass Greater NY LLC $1,338,000
Listed by Compass Greater NY LLC
Oct 11, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,143
  • Building Area: 2,143
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,143
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 006

Neighborhood

  • School District Name: Manhasset Union Free School District
  • School Tax School District: 006
  • Census Tract: 301800

Geography

  • District: 282289
  • Section: 3
  • Parcel: 03-022-00-0122
  • Block: 22
  • Lot: 122
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.793
  • Longitude: -73.7016

    Address

  • Full Address: 48 Normandy Ln
  • Address - House Number: 48
  • Address - Street Name: Normandy
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Manhasset
  • Carrier Code: C014
  • 4-Digit Zip Code: 3016
  • Zip Code: 11030

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,796,773
  • Tax Rate Code Area: 747

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,457,882
  • High Value: 1,720,045
  • Low Value: 1,195,719

    Market Valuation

  • Market Total Value: $1,186,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,186
  • Assessed Land Value: $572
  • Assessed Improvements Value: $614

    Sales

  • Current Sale Contract Date: May 15, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-045240
  • Previous Sale Recording Date: Oct 11, 1995
  • Previous Sale Contract Date: Oct 03, 1995
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$1,788,000

Sale Price/ft²

$743

Below Asking

0.01%

Average Days on Market

89

Average Home Size

3321 ft²

Average Home Age

48.8 years

Currently For Sale

58 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 28 Vista Hill Road, Great Neck, NY, 11021

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
28 Vista Hill Road, Great Neck, NY, 11021 Listing by Irina Amir

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 48 Normandy Lane built and last sold?
The property at 48 Normandy Lane was built in 1938 and last sold on May 15, 2019 for $1,328,000.
How much is this home worth?
The estimated value of the home located at 48 Normandy Lane is $1,714,980.
What are some comparable homes to 48 Normandy Lane?
There are currently no comparable homes to 48 Normandy Lane.
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