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North Valley Stream 11580 North Valley Stream
1057 Milburn Road
$445,000
● House - Off Market

1057 Milburn Road

Hempstead, NY 11580
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$730,594
RealtyHop Estimate
56.19%
Since Apr 1, 2017
NY-New York
Primary Model

About This Property

Come See All The Potential Possibilities You Can Have With This Well Maintained Split Level Home On A 7500 Sq Ft Lot Featuring 3 Bedrooms 1.5 Baths, Attached Garaged, Central Air Conditioning, New Roof, Stoop, Electric Panel & Service. This Home Is Not In The Village And In School District #13, Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$931
HOA Dues
-
Year Built
1954

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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: 5 months ago (OneKey MLS #KEYL2884586)

Price History

Date / Event Date Event Price
Apr 19, 2017 Sold
Premium
Sold
Mar 10, 2017 Sold
Premium
Sold
Sep 20, 2016 Listed by Century 21 American Homes $467,764
Listed by Century 21 American Homes

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 341
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF VALLEY MANOR
  • Land Acres: 0000000172
  • 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: 410000

Geography

  • District: 282089
  • Section: 37
  • Parcel: 37-642-00-0018
  • Block: 642
  • Lot: 18
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6786
  • Longitude: -73.6854

    Address

  • Full Address: 1057 Milburn Rd
  • Address - House Number: 1057
  • Address - Street Name: Milburn
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C034
  • 4-Digit Zip Code: 2029
  • Zip Code: 11580

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,152,227
  • Tax Rate Code Area: 456

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 678,281
  • High Value: 801,957
  • Low Value: 554,605

    Market Valuation

  • Market Total Value: $511,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $511
  • Assessed Land Value: $251
  • Assessed Improvements Value: $260

    Sales

  • Current Sale Contract Date: Mar 10, 2017
  • Current Sale Recording Date: Apr 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201700038677
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 North Valley Stream

Stats & Trends

Median Asking:

$769,000

Sale Price/ft²

$515

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1914 ft²

Average Home Age

66.2 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 5 Freer Street, Lynbrook, NY, 11563

$2,770 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #411, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
Unit for rent at 57 Earle Ave, Lynbrook, NY, 11563

$4,500 /mo

  • 3 Beds
  • 1 Bath
57 Earle Ave #1STFLOOR, Lynbrook, NY, 11563 Listing by Karen A. Elefante
Unit for rent at 134 Scranton Avenue, Lynbrook, NY, 11563

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,470 ft²
134 Scranton Avenue, Lynbrook, NY, 11563 Listing by Maria A. Mejia

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1057 Milburn Road built and last sold?
The property at 1057 Milburn Road was built in 1954 and last sold on Mar 10, 2017 for $445,000.
How much is this home worth?
The estimated value of the home located at 1057 Milburn Road is $472,442.
What are some comparable homes to 1057 Milburn Road?
There are currently no comparable homes to 1057 Milburn Road.
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