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Kings Point 11024 Kings Point
8 Briar Lane
$1,663,000
● House - Off Market

8 Briar Lane

North Hempstead, NY 11024
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$3,552,536
RealtyHop Estimate
82.18%
Since Feb 1, 2013
NY-New York
Primary Model

About This Property

A Lot Of Room In This Split Level Located On One Full Acre With Pool And Circular Driveway, Near Schools, Transportation And Houses Of Worship., Additional information: Appearance:Very Good,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.97 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,937
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: 5 months ago (OneKey MLS #KEYL2505350)

Price History

Date / Event Date Event Price
Jan 14, 2013 Sold
Premium
Sold
Jun 20, 2012 Listed by S Sharf Realty Inc $1,950,000
Listed by S Sharf Realty Inc
Jan 15, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • 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: 1,043
  • Garage Type: 10
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10
  • Location Influence Type: 4

    Dimensions

  • Lot Size Square Feet: 42,253
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 2,820
  • Total Building Area: 4,376
  • Building Area: 4,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000970
  • 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: KP
  • Census Tract: 300100

Geography

  • District: 282217
  • Section: 1
  • Parcel: 01-201-00-0142
  • Block: 201
  • Lot: 142
  • Municipality: KINGS POINT
  • Latitude: 40.8062
  • Longitude: -73.753

    Address

  • Full Address: 8 Briar Ln
  • Address - House Number: 8
  • Address - Street Name: Briar
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C011
  • 4-Digit Zip Code: 1721
  • Zip Code: 11024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,073,160
  • Tax Rate Code Area: 758

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 2,790,664
  • High Value: 3,435,390
  • Low Value: 2,145,938

    Market Valuation

  • Market Total Value: $1,525,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,525
  • Assessed Land Value: $941
  • Assessed Improvements Value: $584

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2010
  • Current Sale Recording Date: Jan 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2010011500521
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

$654

Below Asking

0.01%

Average Days on Market

100

Average Home Size

2867 ft²

Average Home Age

65.1 years

Currently For Sale

141 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 100 Cuttermill Road, Hempstead, NY, 11021

$5,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
100 Cuttermill Road #3H, Hempstead, NY, 11021 Listing by Dayu Li
Unit for rent at 38 Knightsbridge Road, Great Neck, NY, 11021

$4,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
38 Knightsbridge Road #2B, Great Neck, NY, 11021 Listing by Cheryl M. Vittiglio

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 8 Briar Lane built and last sold?
The property at 8 Briar Lane was built in 1954 and last sold on Jan 5, 2010 for $2,050,500.
How much is this home worth?
The estimated value of the home located at 8 Briar Lane is $0.
What are some comparable homes to 8 Briar Lane?
There are currently no comparable homes to 8 Briar Lane.
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