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North New Hyde Park 11040 North New Hyde Park
7 Rowe Place
$775,000
● House - Off Market

7 Rowe Place

North Hempstead, NY 11040
bedrooms
3 Beds
bathrooms
1 Bath
$1,142,974
RealtyHop Estimate
47.48%
Since Aug 1, 2018
NY-New York
Primary Model

About This Property

Beautiful Home, Well Maintained,Mid Block, In Desirable Section Of New Hyde Pk. Great Neck Sd, New Pavers All Around The Driveway & Patio, Close To Transportation, Shopping Area & Much More., Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$896
HOA Dues
-
Year Built
1943

Payment Calculator

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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: 5 months ago (OneKey MLS #KEYL3016779)

Price History

Date / Event Date Event Price
Jul 16, 2018 Sold
Premium
Sold
Apr 2, 2018 Listed by Keller Williams Realty Greater $775,000
Listed by Keller Williams Realty Greater

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 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: 4
  • Garage Square Area: 299
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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
  • Census Tract: 302700

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-126-00-0127
  • Block: 126
  • Lot: 127
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7489
  • Longitude: -73.6989

    Address

  • Full Address: 7 Rowe Pl
  • Address - House Number: 7
  • Address - Street Name: Rowe
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C050
  • 4-Digit Zip Code: 1621
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,152,394
  • Tax Rate Code Area: 779

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 848,084
  • High Value: 999,556
  • Low Value: 696,612

    Market Valuation

  • Market Total Value: $657,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $657
  • Assessed Land Value: $283
  • Assessed Improvements Value: $374

    Sales

  • Current Sale Contract Date: Jul 05, 2018
  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018-061895

    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 North New Hyde Park

Stats & Trends

Median Asking:

$949,000

Sale Price/ft²

$640

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1690 ft²

Average Home Age

72.1 years

Currently For Sale

24 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 190 Bryant Avenue, Floral Park, NY, 11001

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,588 ft²
190 Bryant Avenue #1, Floral Park, NY, 11001 Listing by Sandra L. Valis
Unit for rent at 182 Lowell Avenue, Floral Park, NY, 11001

$3,800 /mo

  • 3 Beds
  • 1 Bath
182 Lowell Avenue #UPPER, Floral Park, NY, 11001 Listing by Lucy A. Brunelli
Unit for rent at 259-30 61st Avenue, Little Neck, NY, 11362

$3,832 - $4,128 /mo

  • 3 Beds
  • 1 Bath
  • 1,114 ft²
259-30 61st Avenue, Little Neck, NY, 11362 Listing by Young Ho Kim CCIM E-PRO PSA

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Rowe Place built and last sold?
The property at 7 Rowe Place was built in 1943 and last sold on Jul 5, 2018 for $775,000.
How much is this home worth?
The estimated value of the home located at 7 Rowe Place is $0.
What are some comparable homes to 7 Rowe Place?
There are currently no comparable homes to 7 Rowe Place.
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