by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Garden City Park 11040 Garden City Park
54 Herbert Drive
Photo of 54 Herbert Drive
Sold on Apr 16, 2025

23

Map

Photo of 54 Herbert Drive
Photo of 54 Herbert Drive
$1,568,000
● House - Off Market

54 Herbert Drive

North Hempstead, NY 11040
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,688 Ft²
$9,225
Est. Monthly
3.87%
Cap Rate

About This Property

Welcome to your future oasis in New Hyde Park! This stunning residence boasts a generous five bedrooms, four full and two half bathroom, ensuring ample space for all your needs. As you step inside, you'll be greeted by an inviting open concept layout, with a seamlessly blending style. Surround sound system, Central vacuum system, and security system with 8 video cameras. Hardwood floors adorn the entire home adding warmth and elegance to each room. The formal dining room sets the stage for memorable gatherings, while the patio invites you to unwind in the tranquility of your beautifully landscaped spacious yard. A finished basement provides additional living space, perfect for your home theater, gym, or play area. Close  to shopping , highways, transportation and LIRR.,  Don't miss out on the opportunity to make this your new home sweet home in New Hyde Park!!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:y
Unit Size
2,688 Ft²
Days on Market
302 days
Land Size
0.15 acres
Price per sqft
$602
Property Type
House
Property Taxes
$1,275
HOA Dues
-
Year Built
1951

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: 6 months ago (OneKey MLS #KEYL3559953)

Price History

Date / Event Date Event Price
Apr 16, 2025 Sold
Premium
Sold
Jan 20, 2025 In contract -
In contract
Jan 3, 2025 Price Decreased $1,619,000
↓ $30K (1.8%)
Price Decreased
Jun 18, 2024 Listed by Douglas Elliman Real Estate $1,649,000
Listed by Douglas Elliman Real Estate
Dec 29, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,723
  • Building Area: 1,723
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,723
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WICKSHIRE
  • Land Acres: 0000000149
  • 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: 303203

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-519-00-0017
  • Block: 519
  • Lot: 17
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7479
  • Longitude: -73.6637

    Address

  • Full Address: 54 Herbert Dr
  • Address - House Number: 54
  • Address - Street Name: Herbert
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C021
  • 4-Digit Zip Code: 3732
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,469,745
  • Tax Rate Code Area: 757

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 858,582
  • High Value: 997,132
  • Low Value: 720,031

    Market Valuation

  • Market Total Value: $679,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $679
  • Assessed Land Value: $351
  • Assessed Improvements Value: $328

    Sales

  • Current Sale Contract Date: Dec 18, 2014
  • Current Sale Recording Date: Dec 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014122900630
  • Previous Sale Recording Date: Jul 17, 2006
  • Previous Sale Contract Date: Jun 30, 2006
  • Previous Sale Amount: $595,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Garden City Park

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$601

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1757 ft²

Average Home Age

54.7 years

Currently For Sale

10 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 100 Hilton Avenue, Garden City, NY, 11530

$6,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,397 ft²
100 Hilton Avenue #806, Garden City, NY, 11530 Listing by Marianne Imperial
Unit for rent at 15 Fox Ridge, Roslyn, NY, 11576

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,953 ft²
15 Fox Ridge, Roslyn, NY, 11576 Listing by Parsa Samii
Unit for rent at 36 Wimbledon Drive, Roslyn, NY, 11576

$7,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,432 ft²
36 Wimbledon Drive, Roslyn, NY, 11576 Listing by Ronit Berman CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 54 Herbert Drive built and last sold?
The property at 54 Herbert Drive was built in 1951 and last sold on Dec 18, 2014 for $630,000.
How much is this home worth?
The estimated value of the home located at 54 Herbert Drive is $1,635,190.
What are some comparable homes to 54 Herbert Drive?
There are currently no comparable homes to 54 Herbert Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
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
Popular Searches
Garden City Park Homes for Sale
Garden City Park Houses for Sale
Garden City Park Townhouses for Sale
Garden City Park Multifamily for Sale
Garden City Park Commercial for Sale
Garden City Park Homes with Basements
Garden City Park Homes with Pools
Garden City Park Homes with Parking
Nearby Cities
Garden City Homes for Sale
Mineola Homes for Sale
North New Hyde Park Homes for Sale
New Hyde Park Homes for Sale
Williston Park Homes for Sale
Albertson Homes for Sale
Searingtown 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
Searingtown Real Estate
Manhasset Hills Real Estate
Top Real Estate Agents
Top Agents in Garden City Park
Top Agents in 11040
Top Agents in 11530
Top Agents in Garden City
Top Agents in 11501
Top Agents in Mineola
Top Agents in North New Hyde Park
Top Agents in New Hyde Park