For SaleNeutral Deal5 days on market
2 Fernwood Terrace N
2 Fernwood Terrace N, Garden City, NY 11530, Garden City, NY 11530
$1,199,000
Listing Price
2 Fernwood Terrace N, Garden City, NY 11530
Loc: Garden City, NY
Days Listed
5
Tax Assessed
$1k
Lot Size
4,000 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Stewart Manor School
PK-6
0.2 mi away
5
Sewanhaka High School
7-12
0.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonial styletwo-storyvinyl sidingstone veneerbrick foundationgable roofarched windowssuburbanlandscaped lawnmature treesresidentialcozyshuttered windows
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.25%
Total ROI
94.6%
Cash Flow
$20/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $20/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Garden City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $1,199,000 | $662 |
| 1996-10-29 | Sold | $175,000 | $97 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $554 |
| 2023 | $0 | $544 |
| 2022 | $0 | $676 |
| 2021 | $13,152.2 | $0 |
| 2020 | $12,782.72 | $938 |
| 2019 | $10,284.6 | $938 |
| 2018 | $10,284.6 | $938 |
| 2017 | $9,947.33 | $938 |
| 2016 | $9,681.21 | $938 |
| 2015 | $2,101.2 | $938 |
| 2013 | $1,955.3 | $938 |
| 2012 | $1,832 | $938 |
| 2011 | $5,989.7 | $947 |
| 2010 | $5,477.44 | $1,037 |
| 2009 | $0 | $1,299 |
| 2008 | $0 | $1,300 |
| 2006 | $0 | $1,227 |
| 2005 | $0 | $1,460 |
| 2004 | $0 | $2,291 |
| 2003 | $0 | $2,291 |
| 2002 | $0 | $5,050 |
| 2001 | $0 | $5,050 |
| 2000 | $0 | $5,050 |
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