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Kings Point 11024 Kings Point
7 Split Rock Drive
Photo of 7 Split Rock Drive
Sold on Feb 1, 2023

8

Map

Photo of 7 Split Rock Drive
Photo of 7 Split Rock Drive
$1,480,000
● Land - Off Market

7 Split Rock Drive

North Hempstead, NY 11024
bedrooms
Studio
bathrooms
0 Bath
$1,926,046
RealtyHop Estimate
7.00%
Since Mar 1, 2023
NY-New York
Primary Model

About This Property

Custom build your dream home on this beautiful 2.06+ Acre lot in the heart of the esteemed Village of Kings Point. Flat, private property with scenic views of Mitchell Creek.
Unit Size
-
Days on Market
-
Land Size
2.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$3,067
HOA Dues
-
Year Built
-

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: 2 years ago (OneKey MLS #KEYL3426919)

Price History

Date / Event Date Event Price
Feb 1, 2023 Sold
Premium
Sold
Jan 8, 2023 In contract -
In contract
Aug 15, 2022 Listed by Daniel Gale Sothebys Intl Rlty $1,800,000
Listed by Daniel Gale Sothebys Intl Rlty
Aug 2, 2022 No longer available -
No longer available
Feb 22, 2022 Listed by Daniel Gale Sothebys Intl Rlty $1,800,000
Listed by Daniel Gale Sothebys Intl Rlty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 89,864
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MAP OF MEX POINT INC
  • Land Acres: 0000002063
  • Standard Land Use Code: 8001
  • County Land Use Code: 3111
  • 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: KP
  • Census Tract: 300100

Geography

  • District: 282217
  • Section: 1
  • Parcel: 01-195-00-0024
  • Block: 195
  • Lot: 24
  • Municipality: KINGS POINT
  • Latitude: 40.8234
  • Longitude: -73.741

    Address

  • Full Address: 7 Split Rock Dr
  • Address - House Number: 7
  • Address - Street Name: Split Rock
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C024
  • 4-Digit Zip Code: 1145
  • Zip Code: 11024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,151,800
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 758

    Market Valuation

  • Market Total Value: $1,832,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,832
  • Assessed Land Value: $1,832

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Feb 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-9405
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

$653

Below Asking

0.01%

Average Days on Market

101

Average Home Size

2684 ft²

Average Home Age

64.1 years

Currently For Sale

136 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 37 Corchaug Avenue, Port Washington, NY, 11050

$9,500 /mo

  • 4 Beds
  • 4 Baths
  • 2,639 ft²
37 Corchaug Avenue #B, Port Washington, NY, 11050 Listing by Alana Mitnick Benjamin
Unit for rent at 59 Orchard Beach Boulevard, Port Washington, NY, 11050

$6,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
59 Orchard Beach Boulevard #B, Port Washington, NY, 11050 Listing by Melissa Mayourian
Unit for rent at 39 Nesaquake Avenue, Port Washington, NY, 11050

$5,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
39 Nesaquake Avenue #A, Port Washington, NY, 11050 Listing by Eva L. Lee

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 7 Split Rock Drive built and last sold?
The property at 7 Split Rock Drive was built in and last sold on Jan 31, 2023 for $1,480,000.
How much is this home worth?
The estimated value of the home located at 7 Split Rock Drive is $0.
What are some comparable homes to 7 Split Rock Drive?
There are currently no comparable homes to 7 Split Rock Drive.
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