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Baldwin 11510 Baldwin
1040 Alexander Place
$490,000
● House - Off Market

1040 Alexander Place

Hempstead, NY 11510
bedrooms
3 Beds
bathrooms
3 Baths
$727,698
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

, Additional information: Business Located At:,Rental Income:
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,686
HOA Dues
-
Year Built
1951

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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 #KEYL3195510)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Jul 29, 2020 In contract -
In contract
Jan 27, 2020 Listed by Master Estates $549,000
Listed by Master Estates
Mar 21, 1995 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • 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: 17
  • 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: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,935
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 2,336
  • Building Area: 2,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,336
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • 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: 36-209-00-0078
  • Block: 209
  • Lot: 78-83
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6745
  • Longitude: -73.6018

    Address

  • Full Address: 1040 Alexander Pl
  • Address - House Number: 1040
  • Address - Street Name: Alexander
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: North Baldwin
  • Carrier Code: C064
  • 4-Digit Zip Code: 1520
  • Zip Code: 11510

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,626,630
  • Tax Rate Code Area: 424

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 722,794
  • High Value: 839,432
  • Low Value: 606,156

    Market Valuation

  • Market Total Value: $519,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519
  • Assessed Land Value: $214
  • Assessed Improvements Value: $305

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-123918
  • Previous Sale Recording Date: Mar 21, 1995
  • Previous Sale Contract Date: Mar 13, 1995
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$699,000

Sale Price/ft²

$441

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 56 State Street, Rockville Centre, NY, 11570

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
56 State Street, Rockville Centre, NY, 11570 Listing by Glen Fox
Unit for rent at 87-89 Main Street, Freeport, NY, 11520

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
87-89 Main Street #204, Freeport, NY, 11520 Listing by Angelo P. Pastore
Unit for rent at 2674 Johnson Place, Baldwin, NY, 11510

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,016 ft²
2674 Johnson Place, Baldwin, NY, 11510 Listing by Natalia Hernandez Lopez

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 1040 Alexander Place built and last sold?
The property at 1040 Alexander Place was built in 1951 and last sold on Nov 23, 2020 for $489,000.
How much is this home worth?
The estimated value of the home located at 1040 Alexander Place is $554,490.
What are some comparable homes to 1040 Alexander Place?
There are currently no comparable homes to 1040 Alexander Place.
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