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Hempstead 11550 Hempstead
106 Oak Avenue
$525,000
● House - Off Market

106 Oak Avenue

Hempstead, NY 11550
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,240 Ft²
$502,869
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Call this Cape Home! the potential is endless, this house offers 4 bedrooms, 3 full bathrooms, full Basement, nice size back yard, 50x125 lot fully fenced, newer driveway, wood floors, ceramic title, natural gas for cooking and heating, centrally located in a up and coming neighborhood, close to public transportation, schools and restaurants. Call today to set up an appointment This house will sell fast., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$402
Property Type
House
Property Taxes
$1,087
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 #KEYL3453028)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Feb 12, 2023 In contract -
In contract
Jan 17, 2023 Listed by Voro LLC $499,000
Listed by Voro LLC
Feb 20, 2020 Sold
Premium
Sold
Jul 31, 2003 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 8
  • 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: 7
  • Basement Area: 50
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 001

Neighborhood

  • School District Name: Hempstead Union Free School District
  • School Tax School District: 001
  • School Tax District Code 2: HEM
  • Census Tract: 407101

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-069-00-0030
  • Block: 69
  • Lot: 30-31
  • Municipality: HEMPSTEAD
  • Latitude: 40.698
  • Longitude: -73.6149

    Address

  • Full Address: 106 Oak Ave
  • Address - House Number: 106
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C005
  • 4-Digit Zip Code: 7031
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $838,985
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 520,643
  • High Value: 618,695
  • Low Value: 422,590

    Market Valuation

  • Market Total Value: $333,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333
  • Assessed Land Value: $129
  • Assessed Improvements Value: $204

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-00031097
  • Previous Sale Recording Date: Feb 20, 2020
  • Previous Sale Contract Date: Jan 22, 2020
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 59
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 Hempstead

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

95

Average Home Size

1581 ft²

Average Home Age

80.7 years

Currently For Sale

64 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 168 Lenox Avenue, Uniondale, NY, 11553

$5,900 /mo

  • 5 Beds
  • 2 Baths
  • 1,837 ft²
168 Lenox Avenue, Uniondale, NY, 11553 Listing by Meiling Wang
Unit for rent at 103 Lawson Street, Hempstead, NY, 11550

$1,999 /mo

  • Studio
  • 1 Bath
  • 500 ft²
103 Lawson Street #B, Hempstead, NY, 11550 Listing by Rachel King
Unit for rent at 539 Front Street, Hempstead, NY, 11550

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
539 Front Street, Hempstead, NY, 11550 Listing by Joseph W. Johns

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 106 Oak Avenue built and last sold?
The property at 106 Oak Avenue was built in 1954 and last sold on May 17, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 106 Oak Avenue is $510,348.
What are some comparable homes to 106 Oak Avenue?
There are currently no comparable homes to 106 Oak Avenue.
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