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Great Neck 11023 Great Neck
86 Old Pond Road
$2,300,000
● House - Off Market

86 Old Pond Road

North Hempstead, NY 11023
bedrooms
7 Beds
bathrooms
5 Baths, 1 Half Bath
$3,931,751
RealtyHop Estimate
46.27%
Since Nov 1, 2018
NY-New York
Primary Model

About This Property

Brand New Brick Colonial In The Sought After Village Of Strathmore With Beautiful Wood Floors And Architecural Details. Formal Living Room With Fireplace & Dining Room, Gourmet Eik With Top Of The Line Appliances, Family Room, 5 Bedrooms, 5.5 Baths. Full Finished Basement With 2 Bedrooms And A Bath. 4,400 Sq. Foot. Circular Driveway, House Has Generator., Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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: 6 months ago (OneKey MLS #KEYL3022524)

Price History

Date / Event Date Event Price
Oct 19, 2018 Sold
Premium
Sold
Aug 10, 2018 No longer available -
No longer available
Jun 19, 2018 Listed $2,688,000
Listed
Brand New Brick Colonial In The Sought After Village Of Strathmore With Beauriful Wood Floors And Architecural Details. Formal Living Room With Fireplace & Dining Room, Gourmet Eik With Top Of The Line Appliances, Family Room, 5 Bedrooms, 5.5 Baths. Full Finished Basement With 2 Bedrooms And A Bath. Circular Driveway, Generator.
Apr 20, 2018 Listed by S Sharf Realty Inc $2,688,000
Listed by S Sharf Realty Inc
Jun 7, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 760
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,768
  • Building Area: 3,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PROPERTY OF STRATHMORE
  • Land Acres: 0000000275
  • 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: GN
  • Census Tract: 300300

Geography

  • District: 282209
  • Section: 1
  • Parcel: 01-203-00-0058
  • Block: 203
  • Lot: 58
  • Municipality: GREAT NECK
  • Latitude: 40.8
  • Longitude: -73.7425

    Address

  • Full Address: 86 Old Pond Rd
  • Address - House Number: 86
  • Address - Street Name: Old Pond
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C031
  • 4-Digit Zip Code: 1032
  • Zip Code: 11023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,953,837
  • Tax Rate Code Area: 755

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 2,198,439
  • High Value: 2,553,204
  • Low Value: 1,843,673

    Market Valuation

  • Market Total Value: $1,623,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,623
  • Assessed Land Value: $613
  • Assessed Improvements Value: $1,010

    Sales

  • Current Sale Contract Date: Oct 12, 2018
  • Current Sale Recording Date: Oct 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-094057
  • Previous Sale Recording Date: Jun 07, 2017
  • Previous Sale Contract Date: Jun 01, 2017
  • Previous Sale Amount: $2,350,000
  • 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 Great Neck

Stats & Trends

Median Asking:

$1,300,000

Sale Price/ft²

$651

Below Asking

0.01%

Average Days on Market

102

Average Home Size

2753 ft²

Average Home Age

64.1 years

Currently For Sale

133 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 12 Arleigh Road, Great Neck, NY, 11021

$12,000 /mo

  • 5 Beds
  • 3 Baths
  • 3,600 ft²
12 Arleigh Road, Great Neck, NY, 11021 Listing by Nazila Moinian
Unit for rent at 14 Birchwood Lane, Great Neck, NY, 11024

$13,000 /mo

  • 4 Beds
  • 3 Baths
  • 4,433 ft²
14 Birchwood Lane, Great Neck, NY, 11024 Listing by Soheila Sharf

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 86 Old Pond Road built and last sold?
The property at 86 Old Pond Road was built in 2017 and last sold on Oct 12, 2018 for $2,300,000.
How much is this home worth?
The estimated value of the home located at 86 Old Pond Road is $2,714,880.
What are some comparable homes to 86 Old Pond Road?
There are currently no comparable homes to 86 Old Pond Road.
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