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New Hyde Park 11040 New Hyde Park
900 Third Avenue
$760,000
● House - Off Market

900 Third Avenue

Franklin Square, NY 11040
bedrooms
6 Beds
bathrooms
2 Baths
$900,648
RealtyHop Estimate
23.55%
Since May 1, 2021
NY-New York
Primary Model

About This Property

Magnificent renovated & updated duplex home in the Gardenia section of Franklin Square. This property with over 2,000 square foot interior, $11,740.93 in taxes (before any exemptions/star program) offers 6 bedrooms, 2 full bathrooms, full basement with open recreation area & office space, and separate outside entrances. Long multi-vehicle driveway and fenced in yard with fencing throughout. Close to shops, restaurants, & transportation. See virtual tour link for 3D tour, dollhouse view, and floor plan.
Unit Size
-
Days on Market
97 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$978
HOA Dues
-
Year Built
1951

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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: 3 years ago (OneKey MLS #ONE3282233)

Price History

Date / Event Date Event Price
Apr 27, 2021 Sold
Premium
Sold
Feb 8, 2021 In contract -
In contract
Jan 25, 2021 Relisted $729,000
Relisted
Jan 25, 2021 In contract -
In contract
Mar 22, 2016 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 13
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 10,977
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 100
  • Total Building Area: 9,603
  • Gross Building Area: 9,603
  • Building Area: 9,603
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 3
  • Property Class: I
  • Subdivision: MAP OF LONG ISLAND
  • Land Acres: 0000000252
  • Standard Land Use Code: 6015
  • County Land Use Code: 7120
  • Legal Description 1: TOWN #1 SCH DIST 205

Neighborhood

  • School District Name: New Hyde Park-Garden City Park Union Free School District
  • School Tax School District: 205
  • School Tax District Code 2: NHP
  • Census Tract: 404700

Geography

  • District: 282041
  • Section: 33
  • Parcel: 33-181-00-0063
  • Block: 181
  • Lot: 63-66
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7294
  • Longitude: -73.6851

    Address

  • Full Address: 900 3rd Ave
  • Address - House Number: 900
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C015
  • 4-Digit Zip Code: 5528
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,863,837
  • Tax Rate Code Area: 331

    Market Valuation

  • Market Total Value: $973,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,737
  • Assessed Land Value: $9,736
  • Assessed Improvements Value: $1

    Sales

  • Current Sale Contract Date: Mar 03, 2016
  • Current Sale Recording Date: Mar 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201600027821
  • Previous Sale Recording Date: Jun 25, 1996
  • Previous Sale Contract Date: Jun 20, 1996
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 27
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:

$933,500

Sale Price/ft²

$618

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1235 ft²

Average Home Age

81.6 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

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 900 3rd Avenue built and last sold?
The property at 900 3rd Avenue was built in 1951 and last sold on Mar 3, 2016 for $1,725,000.
How much is this home worth?
The estimated value of the home located at 900 3rd Avenue is $0.
What are some comparable homes to 900 3rd Avenue?
There are currently no comparable homes to 900 3rd Avenue.
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