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North New Hyde Park 11040 North New Hyde Park
5 Willow Road
Photo of 5 Willow Road
Sold on Aug 7, 2025

21

Map

Photo of 5 Willow Road
Photo of 5 Willow Road
$1,350,000
● House - Off Market

5 Willow Road

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$8,068
Est. Monthly
2.90%
Cap Rate

About This Property

Welcome to your dream home! Located in the Prestigious Oak section of New Hyde Park.  This spacious, sun-drenched residence offers unparalleled comfort and modern convenience, featuring updated 200 amp electric. Enjoy the luxury of multiple zones of gas heat and heated floors in primary bathroom, ensuring a cozy atmosphere year-round. With four generously sized bedrooms, there's ample space for everyone. The huge den with a fireplace provides a perfect retreat for relaxation or entertaining. The primary bedroom boasts cathedral ceilings, adding a touch of grandeur. Natural light floods the home through three skylights, and the beauty of hardwood floors throughout the house adds timeless elegance. Outside, the in-ground sprinklers make lawn care effortless, and a new hot water tank provides peace of mind. Don't forget the valuable stand-up attic space for extra storage!  Conveniently located to schools (Manor Oaks & New Hyde Park Memorial), shopping, places of worship, and local transportation.  Taxes with STARR are $14,233.31
Unit Size
2,500 Ft²
Days on Market
92 days
Land Size
-
Price per sqft
$556
Property Type
House
Property Taxes
$1,248
HOA Dues
-
Year Built
1941

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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 #KEY858780)

Price History

Date / Event Date Event Price
Aug 7, 2025 Sold
Premium
Sold
May 24, 2025 In contract -
In contract
May 22, 2025 Relisted $1,388,888
Relisted
May 18, 2025 In contract -
In contract
May 7, 2025 Listed by Charles Rutenberg Realty Inc $1,388,888
Listed by Charles Rutenberg Realty Inc
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,350
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 510
  • Total Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF HILLSIDE PARK OAKS SECTION 1
  • Land Acres: 0000000123
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 005

Neighborhood

  • School District Name: New Hyde Park-Garden City Park Union Free School District
  • School Tax School District: 005
  • Census Tract: 302900

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-211-03-0002
  • Block: 211-03
  • Lot: 2
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7474
  • Longitude: -73.6843

    Address

  • Full Address: 5 Willow Rd
  • Address - House Number: 5
  • Address - Street Name: Willow
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 3325
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,626,090
  • Tax Rate Code Area: 887

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,002,697
  • High Value: 1,164,503
  • Low Value: 840,890

    Market Valuation

  • Market Total Value: $779,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $779
  • Assessed Land Value: $321
  • Assessed Improvements Value: $458

    Sales

  • Current Sale Contract Date: Dec 09, 1999
  • Current Sale Recording Date: Dec 21, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 199912211244

    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 North New Hyde Park

Stats & Trends

Median Asking:

$949,000

Sale Price/ft²

$643

Below Asking

0.02%

Average Days on Market

91

Average Home Size

1746 ft²

Average Home Age

67.7 years

Currently For Sale

25 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 54 Vanderbilt Avenue, Floral Park, NY, 11001

$4,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,130 ft²
54 Vanderbilt Avenue, Floral Park, NY, 11001 Listing by Brian M. Clancy CBR
Unit for rent at 43 Stewart Avenue, Garden City, NY, 11530

$4,800 /mo

  • 5 Beds
  • 2 Baths
  • 1,613 ft²
43 Stewart Avenue, Garden City, NY, 11530 Listing by Vanessa Pesce
Unit for rent at 711 Covert Avenue, New Hyde Park, NY, 11040

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,338 ft²
711 Covert Avenue, New Hyde Park, NY, 11040 Listing by Pavandeep Singh

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 5 Willow Road built and last sold?
The property at 5 Willow Road was built in 1941 and last sold on Dec 9, 1999 for $280,000.
How much is this home worth?
The estimated value of the home located at 5 Willow Road is $1,418,930.
What are some comparable homes to 5 Willow Road?
There are currently no comparable homes to 5 Willow Road.
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