For SaleNeutral Deal8 days on market
138 Locust Street
138 Locust Street, Garden City, NY 11530, Garden City, NY 11530
$1,599,000
Listing Price
138 Locust Street, Garden City, NY 11530
Loc: Garden City, NY
Days Listed
8
Tax Assessed
$739k
Lot Size
10,625 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.
N/A
Locust School
K-1
0.1 mi away
10
Garden City Middle School
6-8
1.6 mi away
10
Garden City High School
9-12
2.1 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
stone exteriorcottage stylelandscaped lawnpaver walkwaymature treeslarge picture windowtall brick chimneyhedged perimetercozy atmospheretraditional architecturesuburban homegabled roofwell-maintained garden
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
$28/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $28/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 |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $1,599,000 | $686 |
| 2026-09-01 | Listing removed | $1,599,000 | $686 |
| 2026-08-24 | Listed for sale | $1,599,000 | $686 |
| 1992-10-20 | Sold | $300,000 | $129 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $739 |
| 2023 | $0 | $827 |
| 2022 | $0 | $827 |
| 2021 | $11,672.95 | $0 |
| 2020 | $10,893.48 | $1,189 |
| 2019 | $13,638.64 | $1,274 |
| 2018 | $13,638.64 | $1,634 |
| 2017 | $12,735.66 | $1,634 |
| 2016 | $12,371.37 | $1,634 |
| 2015 | $2,360.58 | $1,634 |
| 2013 | $2,230.14 | $1,634 |
| 2012 | $1,991.06 | $1,634 |
| 2011 | $7,207.45 | $1,651 |
| 2010 | $6,648.76 | $1,656 |
| 2009 | $0 | $1,890 |
| 2008 | $0 | $1,992 |
| 2006 | $0 | $2,039 |
| 2005 | $0 | $3,382 |
| 2004 | $0 | $5,730 |
| 2003 | $0 | $5,730 |
| 2002 | $0 | $9,900 |
| 2001 | $0 | $9,900 |
| 2000 | $0 | $9,900 |
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