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Herricks 11040 Herricks
75 Larch Drive
Photo of 75 Larch Drive
Sold on Jun 26, 2025

17

Map

Photo of 75 Larch Drive
Photo of 75 Larch Drive
$1,338,000
● House - Off Market

75 Larch Drive

North Hempstead, NY 11040
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,935 Ft²
$7,909
Est. Monthly
2.12%
Cap Rate

About This Property

Welcome to this oversized brick split-level home in Manhasset Hills! This gem offers 3 bedrooms, 2.5 baths, and a 2-car garage. It sits on a 12,036 sq. ft. lot with an interior space of 1,935 sq. ft. Zoned for the top-rated Herricks School District, this home boasts low property taxes of just $16,066 annually. The roof is only 8–9 years old. A must-see! Schedule your tour today!
Unit Size
1,935 Ft²
Days on Market
86 days
Land Size
0.28 acres
Price per sqft
$691
Property Type
House
Property Taxes
$1,339
HOA Dues
-
Year Built
1955

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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 #KEY843069)

Price History

Date / Event Date Event Price
Jun 26, 2025 Sold
Premium
Sold
Apr 23, 2025 In contract -
In contract
Apr 1, 2025 Listed by E Realty International Corp $1,338,000
Listed by E Realty International Corp

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 370
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,023
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 1,935
  • Building Area: 1,935
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,935
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: 303102

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-614-00-0004
  • Block: 614
  • Lot: 4
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7584
  • Longitude: -73.6731

    Address

  • Full Address: 75 Larch Dr
  • Address - House Number: 75
  • Address - Street Name: Larch
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C048
  • 4-Digit Zip Code: 2327
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,462,903
  • Tax Rate Code Area: 740

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,027,175
  • High Value: 1,192,931
  • Low Value: 861,418

    Market Valuation

  • Market Total Value: $854,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $854
  • Assessed Land Value: $481
  • Assessed Improvements Value: $373

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
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 Herricks

Stats & Trends

Median Asking:

$1,098,000

Sale Price/ft²

$637

Above Asking

0.00%

Average Days on Market

92

Average Home Size

1373 ft²

Average Home Age

81.5 years

Currently For Sale

2 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 36-50 Lakeville Road, New Hyde Park, NY, 11040

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 13,866 ft²
36-50 Lakeville Road #2B, New Hyde Park, NY, 11040 Listing by Teresa Coleman
Unit for rent at 965 N 3rd Street, New Hyde Park, NY, 11040

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,852 ft²
965 N 3rd Street, New Hyde Park, NY, 11040 Listing by Lalit Bhatia CBR

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 75 Larch Drive built and last sold?
The property at 75 Larch Drive was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 75 Larch Drive is $1,357,783.
What are some comparable homes to 75 Larch Drive?
There are currently no comparable homes to 75 Larch Drive.
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