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Great Neck 11023 Great Neck
91 Old Mill Road
Photo of 91 Old Mill Road
Sold on Oct 19, 2022

27

Map

Photo of 91 Old Mill Road
Photo of 91 Old Mill Road
$1,200,000
● House - Off Market

91 Old Mill Road

North Hempstead, NY 11023
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,636 Ft²
$1,394,325
RealtyHop Estimate
7.34%
Since Nov 1, 2022
NY-New York
Primary Model

About This Property

TIMELESS, SUN-FILLED TUDOR CONVENIENTLY LOCATED ON A BLOCK NEAR ALL .Gracious Interiors with Hardwood Floors & Hi-Hats. Elegant Formal Living Room With Fireplace - Gracious Formal Dining Room, Large Eat-in Kitchen next to cozy Den and  Sliding Doors to backyard. One bedroom/office and full bathroom completes main floor.  Second floor offers Over-Sized Master Bedroom with Terrace plus Additional 3 large Bedrooms Each Accommodating Queen Size Beds And Jack & Jill Bathrooms. Large Basement With Laundry Room and Lots of Storage 3 Zones Gas Heat; 1 Zone CAC,  The Desirable Village Of Great Neck  Offers its Residents  Waterfront Park With Marina, Parkwood Pool, Tennis, Ice skating. Saddle Rock Elementary School, Great Neck North Middle and High School., Additional information: Appearance:Excellent,Interior Features:Marble Bath,Separate Hotwater Heater:Yes
Unit Size
2,636 Ft²
Days on Market
119 days
Land Size
0.18 acres
Price per sqft
$493
Property Type
House
Property Taxes
$1,727
HOA Dues
-
Year Built
1937

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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 #KEYL3409239)

Price History

Date / Event Date Event Price
Sep 16, 2023 Back on market -
Back on market
Oct 19, 2022 Sold
Premium
Sold
Aug 24, 2022 In contract -
In contract
Jun 19, 2022 Listed by Keller Williams Rty Gold Coast $1,299,000
Listed by Keller Williams Rty Gold Coast
Jun 9, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 16
  • 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: 7
  • Basement Area: 34
  • Garage Type: 7
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 770
  • Total Building Area: 2,636
  • Building Area: 2,636
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,636
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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: 01-078-00-0005
  • Block: 78
  • Lot: 5
  • Municipality: GREAT NECK
  • Latitude: 40.7966
  • Longitude: -73.74

    Address

  • Full Address: 91 Old Mill Rd
  • Address - House Number: 91
  • Address - Street Name: Old Mill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C012
  • 4-Digit Zip Code: 1914
  • Zip Code: 11023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,705,588
  • Tax Rate Code Area: 755

    Appraisal Valuation

  • Standard Deviation: 0.0923
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 91
  • Final Value: 1,205,599
  • High Value: 1,316,914
  • Low Value: 1,094,284

    Market Valuation

  • Market Total Value: $971,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $971
  • Assessed Land Value: $473
  • Assessed Improvements Value: $498

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-106013

    Financing

  • First Mortgage Financing Type: ADJ
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

$653

Below Asking

0.01%

Average Days on Market

101

Average Home Size

2684 ft²

Average Home Age

64.1 years

Currently For Sale

136 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 59 Radnor Road, Great Neck, NY, 11023

$6,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,862 ft²
59 Radnor Road, Great Neck, NY, 11023 Listing by Yvette Zubli
Unit for rent at 218 Middle Neck Road, Great Neck, NY, 11021

$6,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,189 ft²
218 Middle Neck Road #313, Great Neck, NY, 11021 Listing by Debbie Menjivar
Unit for rent at 100 Cuttermill Road, Great Neck, NY, 11021

$5,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
100 Cuttermill Road #4V, Great Neck, NY, 11021 Listing by Jamila Dallal

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 91 Old Mill Road built and last sold?
The property at 91 Old Mill Road was built in 1937 and last sold on Oct 19, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 91 Old Mill Road is $1,311,990.
What are some comparable homes to 91 Old Mill Road?
There are currently no comparable homes to 91 Old Mill Road.
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