180 S Middle Neck Road #3FGreat NeckNY11021
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Great Neck at 180 S Middle Neck Road #3F, Great Neck, NY, 11021 priced at $699,000 pairs $4,664/mo rent with after a $3,421/mo payment. Total monthly income equals $4,664/mo. Return on cash invested is 20.04% in year one, and rental yield stands at 8.01% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 104.17% and total cumulative return in cash reaches $239,558. For financing, Ziffy Mortgage’s DSCR program evaluates $4,664/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11021, Great Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,564 (100%) |
| Owner Occupied HU | 5,673 (66.2%) |
| Renter Occupied HU | 2,406 (28.1%) |
| Vacant Housing Units | 485 ( 5.7%) |
| Median Home Value | $994,786 |
| Average Home Value | $1,111,618 |
Housing Distribution
Address Breakdown
Residential
8,322
Single Family
3,086
Multi-Family
5,236
Businesses
1,653
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $699,000 |
| 2025-04-11 | Listing removed | $699,000 |
| 2025-03-06 | Listed for sale | $699,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Cooperative
- Year Built: 1961
- Architectural Style: N/A
- Building Area: 1,348
- Living Area: 1,348 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Forced Air, Other
- Cooling: Ductless
- Flooring: Hardwood
- Interior Features: Eat-in Kitchen, Granite Counters, Formal Dining
- Exterior Features: N/A
- Parking Features: Garage
Location
- City: Great Neck
- State: NY
- Subdivision: Executive House
- Lot Size: N/A
- Lot Features: Near Public Transit, Near School, Near Shops
- View: Park/Greenbelt
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: Trash, Fitness Center, Park
- Association Fee Includes: Maintenance Structure, Snow Removal, Maintenance Grounds, Hot Water, Sewer, Trash, Water, Air Conditioning
Utilities
- Utilities: Trash Collection Private
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Lakeville Elementary School
- Middle School: Great Neck South Middle School
- High School: Great Neck South High School
What's Special
None
Listed by: David Lau CBR ABR • Keller Williams Realty Greater
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #LP1438485
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.