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Inwood 11096 Inwood
120 Cedar Road
$750,000
● House - Off Market

120 Cedar Road

Hempstead, NY 11096
bedrooms
4 Beds
bathrooms
2 Baths
$904,601
RealtyHop Estimate
14.65%
Since Jan 1, 2022
NY-New York
Primary Model

About This Property

4 BR, 2 Bath Colonial.  Sold As-Is.  Large O/S property, Quiet dead-end street overlooking the golf course./, Additional information: Appearance:Fair
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$975
HOA Dues
-
Year Built
1926

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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 #KEYL3287906)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Jun 18, 2021 In contract -
In contract
Feb 15, 2021 Listed by BERKSHIRE HATHAWAY $789,000
Listed by BERKSHIRE HATHAWAY
Feb 3, 2021 Sold
Premium
Sold
Oct 26, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 1
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 36
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,892
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,390
  • Total Building Area: 2,113
  • Building Area: 2,113
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,113
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • Census Tract: 411000

Geography

  • District: 282089
  • Section: 40
  • Parcel: 40-125-00-0030
  • Block: 125
  • Lot: 30-35
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6188
  • Longitude: -73.7526

    Address

  • Full Address: 120 Cedar Rd
  • Address - House Number: 120
  • Address - Street Name: Cedar
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Inwood
  • Carrier Code: C004
  • 4-Digit Zip Code: 1138
  • Zip Code: 11096

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,033,644
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 186

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 993,643
  • High Value: 1,166,570
  • Low Value: 820,717

    Market Valuation

  • Market Total Value: $604,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604
  • Assessed Land Value: $277
  • Assessed Improvements Value: $327

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-164658
  • Previous Sale Recording Date: Mar 03, 2021
  • Previous Sale Contract Date: Jan 26, 2021
  • Previous Sale Amount: $560,000
  • 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 Five Towns

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$558

Below Asking

0.02%

Average Days on Market

104

Average Home Size

3352 ft²

Average Home Age

71.7 years

Currently For Sale

156 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 138 Eldorado Street, Atlantic Beach, NY, 11509

$4,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
138 Eldorado Street, Atlantic Beach, NY, 11509 Listing by Helene Oppedisano
Unit for rent at 494 Lincoln Street Street, Cedarhurst, NY, 11516

$4,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,046 ft²
494 Lincoln Street Street, Cedarhurst, NY, 11516 Listing by Milagros H. Billitzer
Unit for rent at 757 Chestnut Street, Cedarhurst, NY, 11516

$4,195 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
757 Chestnut Street #1STFL, Cedarhurst, NY, 11516 Listing by Lori Schlesinger

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 120 Cedar Road built and last sold?
The property at 120 Cedar Road was built in 1926 and last sold on Dec 16, 2021 for $750,000.
How much is this home worth?
The estimated value of the home located at 120 Cedar Road is $796,890.
What are some comparable homes to 120 Cedar Road?
There are currently no comparable homes to 120 Cedar Road.
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