For SaleNeutral Deal15 days on market
87 4th Street
87 4th Street, Garden City, NY 11530, Garden City, NY 11530
$5,950,000
Listing Price
87 4th Street, Garden City, NY 11530
Loc: Garden City, NY
Days Listed
15
Tax Assessed
$2k
Lot Size
0.72 acres
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.
9
Stewart School
2-5
1.4 mi away
10
Garden City Middle School
6-8
0.4 mi away
10
Garden City High School
9-12
1.1 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
colonial revivalbrick exteriorsymmetryflagstone patiogreen shuttersdormer windowslandscaped gardenclassical porticocurb appealtraditionalwell-maintainedstately
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.32%
Total ROI
96.3%
Cash Flow
$478/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $478/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 |
|---|---|---|---|
| 2026-09-08 | Listed for sale | $5,950,000 | $1,078 |
| 2004-01-26 | Sold | $2,550,000 | $462 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $2,488 |
| 2023 | $0 | $2,475 |
| 2022 | $0 | $2,335 |
| 2021 | $48,463.33 | $0 |
| 2020 | $47,643.17 | $4,800 |
| 2019 | $49,369.71 | $4,800 |
| 2018 | $49,369.71 | $5,546 |
| 2017 | $46,243.32 | $5,546 |
| 2016 | $45,031.13 | $5,546 |
| 2015 | $8,012.08 | $5,546 |
| 2013 | $7,569.35 | $5,546 |
| 2012 | $6,757.92 | $5,546 |
| 2011 | $27,261.8 | $5,602 |
| 2010 | $29,324.8 | $6,510 |
| 2009 | $0 | $6,581 |
| 2008 | $0 | $6,209 |
| 2006 | $0 | $6,846 |
| 2005 | $0 | $8,400 |
| 2004 | $0 | $4,256 |
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