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Baldwin 11510 Baldwin
1017 Schuman Place
$700,000
● House - Off Market

1017 Schuman Place

Hempstead, NY 11510
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$4,732
Est. Monthly
11.60%
Cap Rate

About This Property

Fully Renovated Expanded Cape Featuring 4 Bedrooms & 2 Full Baths . New Kitchen with SS Appliances and  Quartz Counter Tops , Hardwood Floors Throughout the house,  Full Finished Basement with Large Family Room and an Office. New Trex Deck off  the Back French Door, Great for Barbecuing and entertaining . Private Driveway W One Car Attached Garage, Additional information: Appearance:Mint,Interior Features:Lr/Dr
Unit Size
2,040 Ft²
Days on Market
133 days
Land Size
0.14 acres
Price per sqft
$357
Property Type
House
Property Taxes
$1,152
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (OneKey MLS #KEYL3585965)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Feb 1, 2025 In contract -
In contract
Dec 18, 2024 Relisted $729,000
Relisted
Dec 4, 2024 No longer available -
No longer available
Oct 18, 2024 Listed by Island Advantage Realty LLC $729,000
Listed by Island Advantage Realty LLC
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 190
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,435
  • Building Area: 1,435
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,435
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF DOVER GARDENS
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 010

Neighborhood

  • School District Name: Baldwin Union Free School District
  • School Tax School District: 010
  • Census Tract: 413500

Geography

  • District: 282089
  • Section: 36
  • Parcel: 36-427-00-0045
  • Block: 427
  • Lot: 45-47
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6751
  • Longitude: -73.6028

    Address

  • Full Address: 1017 Schuman Pl
  • Address - House Number: 1017
  • Address - Street Name: Schuman
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: North Baldwin
  • Carrier Code: C064
  • 4-Digit Zip Code: 1505
  • Zip Code: 11510

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,166,447
  • Tax Rate Code Area: 424

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 591,634
  • High Value: 704,825
  • Low Value: 478,443

    Market Valuation

  • Market Total Value: $462,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462
  • Assessed Land Value: $162
  • Assessed Improvements Value: $300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 59
  • Current Sale Input Document Number: 2023-26822
  • Previous Sale Recording Date: Oct 28, 2005
  • Previous Sale Contract Date: Oct 05, 2005
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Baldwin

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$443

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1523 ft²

Average Home Age

88.3 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 402 Leslie Lane, Uniondale, NY, 11553

$4,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,206 ft²
402 Leslie Lane, Uniondale, NY, 11553 Listing by Yvrose Cadet
Unit for rent at 650 Winthrop Drive, Uniondale, NY, 11553

$4,900 /mo

  • 3 Beds
  • 3 Baths
  • 1,300 ft²
650 Winthrop Drive, Uniondale, NY, 11553 Listing by Humayoun Shabbir

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1017 Schuman Place built and last sold?
The property at 1017 Schuman Place was built in 1940 and last sold on Apr 21, 2023 for $476,000.
How much is this home worth?
The estimated value of the home located at 1017 Schuman Place is $750,598.
What are some comparable homes to 1017 Schuman Place?
There are currently no comparable homes to 1017 Schuman Place.
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