NOT LISTED FOR SALE

Estimated Value: $824,966 - $861,000

3 Beds
2 Baths
1,700 Sq Ft
$496/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $730,000 $429 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,839/month

21 Days on Market

Highlights

  • Deck
  • 3 Garage Spaces | 1 Attached and 2 Detached
  • Park
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of December 2023

Calling all Investors!! Situated in a prime location in New Hyde Park, this FULLY OCCUPIED 2-family home has a total of 3 bedrooms and 2 bathrooms. The downstairs apartment is an updated 1 bedroom. A kitchen with a service window that opens to the large bright living room. A bedroom is off to the side with an updated full bathroom. Enjoy yard access from your living room and make the backyard a wonderful place for entertainment. The 2nd floor has a large living room with plenty of room for a dining table. The eat-in-kitchen has been updated to modern tastes. The two bedrooms are situated at the back of the home, one of which has a walk-in closet with outdoor access to your private deck, perfect for entertainment and relaxation. Units fully occupied. Close to stores, restaurants, bus, and the LIRR. Downstairs rent: $1,700, Upstairs rent: $2,500. Gross annual income: $50,400. Net operating income: $38,000.

Last Agent to Sell the Property

Nicholas Liappas

Compass Greater NY LLC Brokerage Phone: 516-214-7761 License #10301222619 Listed on: 09/12/2023

Compass Greater NY LLC

Co-Listed By

Connie Liappas

Compass Greater NY LLC Brokerage Phone: 516-214-7761 License #10301203740

Last Buyer's Agent

Biji Thomas

Keller Williams Rty Gold Coast License #40TH0938919

Keller Williams Rty Gold Coast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,652

Year Built

  • Built in 1960

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Two or More Common Walls
  • West Facing Home
  • Back Yard Fenced

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • New Hyde Park Memorial High Middle School
  • New Hyde Park Memorial High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Compactor
  • Tenant pays for electricity
  • Legal Lot and Block 26 / 350
  • Assessor Parcel Number 2227-08-350-00-0026-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,652

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Exclusions: Compactor
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 516-214-7761
  • Co List Office Mls Id: ONECMPA05
  • Co List Office Phone: 516-517-4751
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 3
  • Living Area: 1700
  • SquareFootage: 1700.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: West
  • Construction Materials: Frame, Brick
  • Fencing: Back Yard
  • Patio and Porch Features: Deck
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Detached, 2 Car Detached

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: New Hyde Park Memorial High School

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 19x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2227-08-350-00-0026-0
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-09-13

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity
  • Available Date: 2023-12-01

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 12652.33
  • Tax Block: 350
  • Tax Lot: 26
  • Tax Other Annual Assessment Amount: 1650
  • Tax Map Number: 2227-08-350-00-0026-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: New Hyde Park Memorial High School
  • Middle School District: New Hyde Park-Garden City Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Dec 7, 2023
Sold by
Maris John and Maris George
Bought by
Mathew John P and Mathew Lisamma
Seller's Agent
Nicholas Liappas
Compass Greater NY LLC
Buyer's Agent
Biji Thomas
Keller Williams Rty Gold Coast
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Views
71
Current Estimated Value
$842,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,983
Avg. Annual Appreciation
8.83%
Original Mortgage
$429,500
Outstanding Balance
$423,016
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$419,967

Purchase Details

Closed on
Jan 19, 2011
Sold by
Maris Steve and Maris Kiki
Bought by
Maris Family Irrevocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mathew John P $730,000 Old Republic Title
Mathew John P $730,000 Old Republic Title
Maris Family Irrevocable Trust -- --
Maris Family Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathew John P $429,500
Closed Mathew John P $429,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $730,000 0.0% $429 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/22/2023 09/22/23 Off Market $730,000 -- --
09/12/2023 09/12/23 For Sale $725,000 -- $426 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,952 $569 $200 $369
2024 $2,952 $569 $200 $369
2023 $11,002 $569 $200 $369
2022 $11,002 $569 $200 $369
2021 $9,527 $560 $197 $363
2020 $11,032 $780 $585 $195
2019 $7,899 $792 $594 $198
2018 $7,366 $792 $0 $0
2017 $5,171 $893 $594 $299
2016 $7,725 $893 $580 $313
2015 $2,268 $914 $594 $320
2014 $2,268 $914 $594 $320
2013 $2,146 $914 $594 $320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3503662

OneKey® MLS

APN: 2227-08-350-00-0026-0