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Island Park 11558 Island Park
102 parma
$505,000
● House - Off Market

102 parma

Hempstead, NY 11558
bedrooms
5 Beds
bathrooms
3 Baths
$762,930
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

2200 Square foot 5 Bedroom with Three full Baths . Radiant Heat on Entire First Floor ,Central Air ,Diesel Generator Chefs Eat In Kitchen W Granite Island ,Viking Range,Sub Zero,Custom Closets,Whole House Water Filtration, High  Condensing Boiler, New Pavers,Siding,Fencing & Shed . Large Driveway ,Backyard with Shed ,Low Taxes ! Close to Lirr ., Additional information: Appearance:MINT
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1976

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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 #KEYL3112389)

Price History

Date / Event Date Event Price
Jul 15, 2019 Sold
Premium
Sold
Mar 25, 2019 Listed by Century 21 American Homes $519,000
Listed by Century 21 American Homes
Feb 6, 2017 Sold
Premium
Sold
Jun 20, 2016 Listed by Century 21 American Homes $449,000
Listed by Century 21 American Homes

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 031

Neighborhood

  • School District Name: Island Park Union Free School District
  • School Tax School District: 031
  • School Tax District Code 2: IP
  • Census Tract: 416202

Geography

  • District: 282021
  • Section: 43
  • Parcel: 43-007-00-0178
  • Block: 7
  • Lot: 178-179
  • Municipality: ISLAND PARK
  • Latitude: 40.6062
  • Longitude: -73.6547

    Address

  • Full Address: 102 Parma Rd
  • Address - House Number: 102
  • Address - Street Name: Parma
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Island Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 1043
  • Zip Code: 11558

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $737,481
  • Tax Rate Code Area: 362

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 643,423
  • High Value: 757,569
  • Low Value: 529,276

    Market Valuation

  • Market Total Value: $469,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469
  • Assessed Land Value: $189
  • Assessed Improvements Value: $280

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-057872
  • Previous Sale Recording Date: Feb 06, 2017
  • Previous Sale Contract Date: Jan 23, 2017
  • Previous Sale Amount: $442,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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 Island Park

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$426

Below Asking

0.04%

Average Days on Market

110

Average Home Size

1072 ft²

Average Home Age

96 years

Currently For Sale

1 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 610 Laurelton Boulevard, Long Beach, NY 11561

$4,900 /mo

  • 4 Beds
  • 2 Baths
610 Laurelton Boulevard ##1, Long Beach, NY 11561 Listing by Sabrina McMahon
Unit for rent at 470 Lafayette Boulevard, Long Beach, NY 11561

$5,000 /mo

  • 1 Bed
  • 1 Bath
470 Lafayette Boulevard, Long Beach, NY 11561 Listing by Sabrina McMahon
Unit for rent at 329 E Chester Street, Long Beach, NY, 11561

$9,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,658 ft²
329 E Chester Street, Long Beach, NY, 11561 Listing by Kristen Petliski

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 102 Parma Road built and last sold?
The property at 102 Parma Road was built in 1976 and last sold on Jun 26, 2019 for $505,000.
How much is this home worth?
The estimated value of the home located at 102 Parma Road is $524,190.
What are some comparable homes to 102 Parma Road?
There are currently no comparable homes to 102 Parma Road.
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