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Hempstead 11550 Hempstead
116 Jean Avenue
Photo of 116 Jean Avenue
Sold on Jul 27, 2023

14

Map

Photo of 116 Jean Avenue
Photo of 116 Jean Avenue
$653,500
● House - Off Market

116 Jean Avenue

Hempstead, NY 11550
bedrooms
5 Beds
bathrooms
2 Baths
$638,253
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Look No Further!!!  This Lovely Home Offers 5 Bedroooms with Primary Bedroom option #1 on the 1st Floor and option #2 on the 2nd Floor, 3 other Bedrooms, 2 Full Baths, Bonus rm for Den/Office/Family rm etc., Living rm, Dining rm, Kitchen, Full Basement, Detached 1 Car Garage, Private Driveway for Several Cars and Entertaining Backyard!!!
Unit Size
-
Days on Market
41 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,151
HOA Dues
-
Year Built
1947

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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: 2 years ago (OneKey MLS #KEYL3483018)

Price History

Date / Event Date Event Price
Jul 27, 2023 Sold
Premium
Sold
Jun 28, 2023 In contract -
In contract
Jun 16, 2023 Listed by Charles Rutenberg Realty Inc $639,999
Listed by Charles Rutenberg Realty Inc
Look No Further!!! This Lovely Home Offers 5 Bedroooms with Primary Bedroom option #1 on the 1st Floor and option #2 on the 2nd Floor, 3 other Bedrooms, 2 Full Baths, Bonus rm for Den/Office/Family rm etc., Living rm, Dining rm, Kitchen, Full Basement, Detached 1 Car Garage, Private Driveway for Several Cars and Entertaining Backyard!!!
Jun 5, 2023 Listed by Charles Rutenberg Realty Inc $639,999
Listed by Charles Rutenberg Realty Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 56
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,280
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 002

Neighborhood

  • School District Name: Uniondale Union Free School District
  • School Tax School District: 002
  • School Tax District Code 2: HEM
  • Census Tract: 407102

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-473-00-0112
  • Block: 473
  • Lot: 112
  • Municipality: HEMPSTEAD
  • Latitude: 40.6987
  • Longitude: -73.608

    Address

  • Full Address: 116 Jean Ave
  • Address - House Number: 116
  • Address - Street Name: Jean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C018
  • 4-Digit Zip Code: 6325
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $638,370
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.0928
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 91
  • Final Value: 627,213
  • High Value: 685,471
  • Low Value: 568,956

    Market Valuation

  • Market Total Value: $427,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427
  • Assessed Land Value: $172
  • Assessed Improvements Value: $255

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-46587
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

$425

Below Asking

0.01%

Average Days on Market

95

Average Home Size

1464 ft²

Average Home Age

82.4 years

Currently For Sale

60 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 21 Nassau Place, Hempstead, NY, 11550

$7,000 /mo

  • 6 Beds
  • 3 Baths
  • 2,800 ft²
21 Nassau Place, Hempstead, NY, 11550 Listing by John C. Prato CBR
Unit for rent at 158 Rhodes Avenue, Hempstead, NY, 11550

$6,249 /mo

  • 6 Beds
  • 3 Baths
  • 1,800 ft²
158 Rhodes Avenue, Hempstead, NY, 11550 Listing by Kamal Khurana

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 116 Jean Avenue built and last sold?
The property at 116 Jean Avenue was built in 1947 and last sold on Jul 27, 2023 for $653,500.
How much is this home worth?
The estimated value of the home located at 116 Jean Avenue is $0.
What are some comparable homes to 116 Jean Avenue?
There are currently no comparable homes to 116 Jean Avenue.
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