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Lake Success 11020 Lake Success
68 Westminster Road
$1,050,000
● House - Off Market

68 Westminster Road

North Hempstead, NY 11020
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$2,058,812
RealtyHop Estimate
58.61%
Since Sep 1, 2016
NY-New York
Primary Model

About This Property

New Roof & Gutter, New Eik W/Skylight And Marble Counter Tops, Radiant Floors Upstairs, Cac, Great Neck South Schools, Master Suite With Spa Bathroom, Gracious Brick Patio, Family Room, Hardwood Floors, Open Floorplan , Hardwood Floors,Sliding Glass Doors To Brick Patio,3Bedrooms,3.5 Full Bath, Lr W/ Fireplace,Full Finished Basement, Close To All., Additional information: Appearance:Excellent,Separate Hotwater Heater:1
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,417
HOA Dues
-
Year Built
1948

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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 #KEYL2847116)

Price History

Date / Event Date Event Price
Aug 26, 2016 Sold
Premium
Sold
Apr 25, 2016 Listed by Keller Williams Rty Gold Coast $1,298,000
Listed by Keller Williams Rty Gold Coast
Jun 30, 2004 Sold
Premium
Sold
Jun 21, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • 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: 7
  • Basement Area: 480
  • Garage Type: 7
  • Garage Square Area: 242
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,170
  • Building Area: 2,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: SU
  • Census Tract: 300901

Geography

  • District: 282219
  • Section: 2
  • Parcel: 02-286-00-0016
  • Block: 286
  • Lot: 16
  • Municipality: LAKE SUCCESS
  • Latitude: 40.7717
  • Longitude: -73.7289

    Address

  • Full Address: 68 Westminster Rd
  • Address - House Number: 68
  • Address - Street Name: Westminster
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C032
  • 4-Digit Zip Code: 1275
  • Zip Code: 11020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,407,273
  • Tax Rate Code Area: 760

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,431,999
  • High Value: 1,691,107
  • Low Value: 1,172,891

    Market Valuation

  • Market Total Value: $1,040,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,040
  • Assessed Land Value: $462
  • Assessed Improvements Value: $578

    Sales

  • Current Sale Contract Date: Jun 16, 2004
  • Current Sale Recording Date: Jun 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 21, 1996
  • Previous Sale Contract Date: Jun 11, 1996
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: 27

    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 Great Neck

Stats & Trends

Median Asking:

$1,298,000

Sale Price/ft²

$652

Below Asking

0.01%

Average Days on Market

101

Average Home Size

2701 ft²

Average Home Age

64.9 years

Currently For Sale

139 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 12 Bond Street, Great Neck, NY, 11021

$6,999 /mo

  • 2 Beds
  • 2 Baths
12 Bond Street #5B, Great Neck, NY, 11021 Listing by Jouliet Mairzadeh Sakhai
Unit for rent at 22 Olive Street, Great Neck, NY, 11020

$10,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,390 ft²
22 Olive Street, Great Neck, NY, 11020 Listing by Edna Mashaal
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

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 68 Westminster Road built and last sold?
The property at 68 Westminster Road was built in 1948 and last sold on Jun 16, 2004 for $900,000.
How much is this home worth?
The estimated value of the home located at 68 Westminster Road is $1,310,980.
What are some comparable homes to 68 Westminster Road?
There are currently no comparable homes to 68 Westminster Road.
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