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New Hyde Park 11040 New Hyde Park
718 Premier Boulevard
$570,000
● House - Off Market

718 Premier Boulevard

North Hempstead, NY 11040
bedrooms
4 Beds
bathrooms
2 Baths
$874,557
RealtyHop Estimate
49.50%
Since Apr 1, 2018
NY-New York
Primary Model

About This Property

Bright, Sunny Cape With Rear Dormered. New Kitchen W/ Granite Counter Tops, Stainless Steel Appliances & Gas Cooking. Expanded Family Room With New Bath. High Hats, Ton Of Closets & Storage, Alarm System, In Ground Sprinklers, Upgraded Electric. Basement Redone W/ Cedar Closet., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$803
HOA Dues
-
Year Built
1954

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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 #KEYL2982900)

Price History

Date / Event Date Event Price
Mar 26, 2018 Sold
Premium
Sold
Nov 2, 2017 Listed by LAFFEY REAL ESTATE $585,000
Listed by LAFFEY REAL ESTATE
Nov 24, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,684
  • Building Area: 1,684
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEWART MANOR SEC 4
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 016

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • School Tax District Code 2: NHP
  • Census Tract: 404700

Geography

  • District: 282041
  • Section: 32
  • Parcel: 32-101-00-0001
  • Block: 101
  • Lot: 1
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7261
  • Longitude: -73.6899

    Address

  • Full Address: 718 Premier Blvd
  • Address - House Number: 718
  • Address - Street Name: Premier
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 5416
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,109,021
  • Tax Rate Code Area: 130

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 757,380
  • High Value: 879,960
  • Low Value: 634,800

    Market Valuation

  • Market Total Value: $595,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $595
  • Assessed Land Value: $258
  • Assessed Improvements Value: $337

    Sales

  • Current Sale Contract Date: Mar 05, 2018
  • Current Sale Recording Date: Mar 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20180026016
  • Previous Sale Recording Date: Nov 24, 2009
  • Previous Sale Contract Date: Oct 30, 2009
  • Previous Sale Amount: $400,000
  • 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 New Hyde Park

Stats & Trends

Median Asking:

$900,000

Sale Price/ft²

$614

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1281 ft²

Average Home Age

87.4 years

Currently For Sale

18 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 2 Tottenham Place, New Hyde Park, NY, 11040

$4,700 /mo

  • 2 Beds
  • 2 Baths
  • 2,230 ft²
2 Tottenham Place #1FL, New Hyde Park, NY, 11040 Listing by Celia M. Santos
Unit for rent at 625 Tulip Avenue, Stewart Manor, NY, 11530

$2,975 /mo

  • 1 Bed
  • 1 Bath
  • 595 ft²
625 Tulip Avenue #A3, Stewart Manor, NY, 11530 Listing by Michelle Holmes
Unit for rent at 89 Kenneth Place, New Hyde Park, NY, 11040

$5,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,124 ft²
89 Kenneth Place, New Hyde Park, NY, 11040 Listing by Scott Mitchell SFR

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 718 Premier Boulevard built and last sold?
The property at 718 Premier Boulevard was built in 1954 and last sold on Mar 5, 2018 for $570,000.
How much is this home worth?
The estimated value of the home located at 718 Premier Boulevard is $590,850.
What are some comparable homes to 718 Premier Boulevard?
There are currently no comparable homes to 718 Premier Boulevard.
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