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Franklin Square 11010 Franklin Square
1022 Shelburne Drive
Photo of 1022 Shelburne Drive
Sold on Aug 4, 2025

21

Map

Photo of 1022 Shelburne Drive
Photo of 1022 Shelburne Drive
$725,000
● House - Off Market

1022 Shelburne Drive

Hempstead, NY 11010
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,269 Ft²
$4,628
Est. Monthly
5.54%
Cap Rate

About This Property

Lovely clean home new appliances in kitchen fairly new roof 5 window air conditioners IGS system large rear patio great for entertaining all new flooring throughout new hot water heater as well as washer and dryer corner property very private move right in !!!!!
Unit Size
1,269 Ft²
Days on Market
189 days
Land Size
0.15 acres
Price per sqft
$583
Property Type
House
Property Taxes
$994
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (OneKey MLS #KEY817772)

Price History

Date / Event Date Event Price
Aug 4, 2025 Sold
Premium
Sold
Apr 30, 2025 In contract -
In contract
Apr 16, 2025 Price Decreased $739,990
↓ $20K (2.6%)
Price Decreased
Mar 4, 2025 Price Decreased $759,990
↓ $20K (2.6%)
Price Decreased
Feb 16, 2025 Price Decreased $779,990
↓ $20K (2.5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 266
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,269
  • Building Area: 1,269
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,269
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 013

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 013
  • Census Tract: 405700

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-528-00-0001
  • Block: 528
  • Lot: 1
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.686
  • Longitude: -73.6811

    Address

  • Full Address: 1022 Shelburne Dr
  • Address - House Number: 1022
  • Address - Street Name: Shelburne
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C010
  • 4-Digit Zip Code: 1010
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $816,835
  • Tax Rate Code Area: 194

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 709,982
  • High Value: 829,796
  • Low Value: 590,167

    Market Valuation

  • Market Total Value: $508,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $508
  • Assessed Land Value: $230
  • Assessed Improvements Value: $278

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 1996
  • Current Sale Recording Date: May 13, 1996
  • Current Sale Price:
    Premium
  • Current 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 Franklin Square

Stats & Trends

Median Asking:

$829,000

Sale Price/ft²

$556

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1813 ft²

Average Home Age

74.4 years

Currently For Sale

39 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 648 Dogwood Avenue, Franklin Square, NY, 11010

$4,999 /mo

  • 4 Beds
  • 2 Baths
  • 950 ft²
648 Dogwood Avenue, Franklin Square, NY, 11010 Listing by Marc Jeret
Unit for rent at 1543 Sweetman, Elmont, NY, 11003

$4,400 /mo

  • 4 Beds
  • 2 Baths
  • 3,100 ft²
1543 Sweetman #1, Elmont, NY, 11003 Listing by Zaheer Khanzada SRS AHWD PSA
Unit for rent at 1662 Sherbourne Road, Valley Stream, NY, 11580

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 6,000 ft²
1662 Sherbourne Road, Valley Stream, NY, 11580 Listing by Sareng M. Halim

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1022 Shelburne Drive built and last sold?
The property at 1022 Shelburne Drive was built in 1950 and last sold on May 3, 1996 for $185,000.
How much is this home worth?
The estimated value of the home located at 1022 Shelburne Drive is $0.
What are some comparable homes to 1022 Shelburne Drive?
There are currently no comparable homes to 1022 Shelburne Drive.
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