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Franklin Square 11010 Franklin Square
1035 Phoebe Street
$640,000
● House - Off Market

1035 Phoebe Street

Hempstead, NY 11010
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$600,183
RealtyHop Estimate
0.20%
Since Oct 1, 2023
NY-New York
Primary Model

About This Property

This Lovely Cape Features 3 Bedrooms, 1 full bath, Beautiful renovated Kitchen with Stainless Steel Appliances, Side Entrance to a full finished basement, detached Garage, Driveway with plenty of Parking for everyone. New Roof. Conveniently located to shops, restaurants and Public Transportation.
Unit Size
1,224 Ft²
Days on Market
72 days
Land Size
0.09 acres
Price per sqft
$489
Property Type
House
Property Taxes
$797
HOA Dues
-
Year Built
1938

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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: 4 months ago (OneKey MLS #KEYL3491578)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Jul 28, 2023 In contract -
In contract
Jul 16, 2023 Listed by Mint Homes LI LLC $599,000
Listed by Mint Homes LI LLC
Jul 17, 2020 Sold
Premium
Sold
Jun 3, 2020 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 4
  • 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: 24
  • 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: 4
  • Garage Square Area: 190
  • 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: 400
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,224
  • 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 017

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405400

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-007-00-0108
  • Block: 7
  • Lot: 108
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7068
  • Longitude: -73.6785

    Address

  • Full Address: 1035 Phoebe St
  • Address - House Number: 1035
  • Address - Street Name: Phoebe
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C001
  • 4-Digit Zip Code: 2505
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $956,333
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 473

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 687,551
  • High Value: 807,208
  • Low Value: 567,895

    Market Valuation

  • Market Total Value: $471,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471
  • Assessed Land Value: $240
  • Assessed Improvements Value: $231

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-60802
  • Previous Sale Recording Date: Aug 03, 2020
  • Previous Sale Contract Date: Jul 17, 2020
  • Previous Sale Amount: $477,000
  • Previous Sale Document Type: 12
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:

$800,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1655 ft²

Average Home Age

70.9 years

Currently For Sale

36 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 1568 Madison Street, Elmont, NY, 11003

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1568 Madison Street, Elmont, NY, 11003 Listing by Kaiqiao Wang
Unit for rent at 28 E Fern Dr, Jericho, NY, 11753

$9,600 /mo

  • 5 Beds
  • 4 Baths
  • 4,000 ft²
28 E Fern Dr, Jericho, NY, 11753 Listing by Lina Shi RENE
Unit for rent at 111 Fulton Avenue, Garden City Park, NY, 11040

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,664 ft²
111 Fulton Avenue, Garden City Park, NY, 11040 Listing by Hong Guo

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1035 Phoebe Street built and last sold?
The property at 1035 Phoebe Street was built in 1938 and last sold on Sep 28, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 1035 Phoebe Street is $604,990.
What are some comparable homes to 1035 Phoebe Street?
There are currently no comparable homes to 1035 Phoebe Street.
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