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53 Colgate Road
$900,000
● House - Off Market

53 Colgate Road

North Hempstead, NY 11023
bedrooms
4 Beds
bathrooms
2 Baths
$1,398,116
RealtyHop Estimate
47.48%
Since Aug 1, 2018
NY-New York
Primary Model

About This Property

Location! Location! Location! Wonderful And Sunny Tudor Close To Everything! Updated Eat In Kitchen With Pocket Doors To Enclosed The Kitchen. New Stove And Exhausted Fan, New Den W/ Skylight And Sliding Door To The Backyard. Updated Bathroom With Skylight. 3 New Ductless A/C Unit, New Window On The First Flr. New W/D, Full Basement W/ Tile Floor. Near Public Transportation, 25 Min Lirr To Nyc, Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,129
HOA Dues
-
Year Built
1929

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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 #KEYL3014813)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
Mar 25, 2018 Listed by Keller Williams Rty Gold Coast $948,000
Listed by Keller Williams Rty Gold Coast
Aug 6, 2015 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 136
  • Garage Type: 4
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,006
  • Building Area: 2,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,006
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF GREAT NECK CENTER
  • Land Acres: 0000000115
  • 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: GN
  • Census Tract: 300400

Geography

  • District: 282209
  • Section: 1
  • Parcel: 01-108-00-0114
  • Block: 108
  • Lot: 114
  • Municipality: GREAT NECK
  • Latitude: 40.7999
  • Longitude: -73.7299

    Address

  • Full Address: 53 Colgate Rd
  • Address - House Number: 53
  • Address - Street Name: Colgate
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C031
  • 4-Digit Zip Code: 1519
  • Zip Code: 11023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,467,680
  • Tax Rate Code Area: 755

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,124,732
  • High Value: 1,325,956
  • Low Value: 923,509

    Market Valuation

  • Market Total Value: $869,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $869
  • Assessed Land Value: $397
  • Assessed Improvements Value: $472

    Sales

  • Current Sale Contract Date: Jul 27, 2018
  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-073727
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Contract Date: Jul 23, 2015
  • Previous Sale Amount: $898,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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 the area

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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

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  • 2 Baths
12 Bond Street #5B, Great Neck, NY, 11021 Listing by Jouliet Mairzadeh Sakhai
Unit for rent at 92 Hillside Avenue, Manhasset, NY, 11030

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,542 ft²
92 Hillside Avenue, Manhasset, NY, 11030 Listing by Susan S. Higgins
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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 53 Colgate Road built and last sold?
The property at 53 Colgate Road was built in 1929 and last sold on Jul 27, 2018 for $900,000.
How much is this home worth?
The estimated value of the home located at 53 Colgate Road is $957,480.
What are some comparable homes to 53 Colgate Road?
There are currently no comparable homes to 53 Colgate Road.
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