FOR_SALEExcellent Deal42 days on market

85 Eleventh Street

85 Eleventh Street, Garden City, NY 11530, Garden City, NY 11530
$5,695,000

Listing Price

Property image 1
85 Eleventh Street, Garden City, NY 11530
Loc: Garden City, NY
Days Listed
42
Tax Assessed
$3594k
Lot Size
2.01 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

N/A

Hemlock School

K-1
1.1 mi away
10

Garden City Middle School

6-8
0.5 mi away
10

Garden City High School

9-12
0.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.86%
Total ROI
29.0%
Cash Flow
$8,513/mo
DSCR
1.30
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-04Price change$5,695,000$551
2025-01-20Price change$5,450,000$527
2024-11-13Price change$5,925,000$573
2024-10-12Price change$6,500,000$629
2024-06-10Listed for sale$6,795,000$657
2021-03-24Listing removed$0
2016-04-12Listing removed$8,700,000$841
2016-04-11Listed for sale$8,700,000$841
1995-06-14Sold$1,800,000$174

Tax History

YearProperty TaxTax Assessment
2024$0$3,594
2023$0$3,740
2022$0$4,095
2021$85,113.15$0
2020$85,459.93$8,610
2019$94,903.74$10,763
2018$94,903.74$10,763
2017$88,854.53$10,763
2016$86,494.94$10,763
2015$15,548.87$10,763
2013$14,689.66$10,763
2012$13,114.9$10,763
2011$56,879.2$11,858
2010$52,775.7$11,896
2009$0$12,471
2008$0$11,766
2006$0$11,100
2005$0$17,180
2004$0$25,574
2003$0$25,574
2002$0$75,500
2001$0$80,330
2000$0$80,330
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
7
Baths
9
Sq Ft
10,340
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $5,695,000Rent Basis: Modeled Estimate ($45,560/mo)State Tax Benchmark: 1.72% (NY)Hazard Reserve: $1,661/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.96%

NOI: $339,226/yr

Cash-on-Cash Yield
-1.2%

On $1,309,850 invested

DSCR Ratio
0.96x

Negative debt coverage

5-Yr Leveraged ROI
+88.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.72% of basis)-$5,151/mo
Homeowner / Hazard Insurance-$1,661/mo
Vacancy Reserve (5% of rent)-$2,278/mo
Repairs & Maintenance (10% of rent)-$4,556/mo
Property Management (8% of rent)-$3,645/mo
Total Pure Operating Expenses-$17,291/mo
Net Investor Cash Flow
Gross Scheduled Rent+$45,560/mo
Less: Operating Expenses-$17,291/mo
Net Operating Income (NOI)+$28,269/mo
Less: Debt Service (30yr @ 6.75%)-$29,550/mo
Net Cash Flow
$-1,281/mo
$-15,376/year
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