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Franklin Square 11010 Franklin Square
120 Monroe Street
$600,000
● House - Off Market

120 Monroe Street

Hempstead, NY 11010
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,613 Ft²
$886,788
RealtyHop Estimate
48.04%
Since Jul 1, 2018
NY-New York
Primary Model

About This Property

Must See.  Move Right Into This 4 Bedroom Updated Colonial.  Beautiful Open Layout With Wood Floors, Freshly Painted.  So Much Character!!!! Beautifully Landscaped.  Mid Block In The Sought After Area North Of The Pike.  School District #17, Washington Street Elementary School And H. Frank Carey High School.  Close To Stores, Schools, Parks And Transportation., Additional information: Separate Hotwater Heater:Yes
Unit Size
1,613 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$371
Property Type
House
Property Taxes
$980
HOA Dues
-
Year Built
1925

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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 #KEYL2996610)

Price History

Date / Event Date Event Price
Jul 6, 2018 Sold
Premium
Sold
Jan 15, 2018 Listed by John Savoretti Realty $599,000
Listed by John Savoretti Realty
May 15, 2013 Sold
Premium
Sold
Feb 27, 2013 Listed by John Savoretti Realty $419,000
Listed by John Savoretti Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,613
  • Building Area: 1,613
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,613
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUEENS PARK
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 017

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405302

Geography

  • District: 282089
  • Section: 33
  • Parcel: 33-425-00-0026
  • Block: 425
  • Lot: 26-27
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7098
  • Longitude: -73.6723

    Address

  • Full Address: 120 Monroe St
  • Address - House Number: 120
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C016
  • 4-Digit Zip Code: 3714
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,156,978
  • Tax Rate Code Area: 473

    Appraisal Valuation

  • Standard Deviation: 0.218
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 70
  • Final Value: 763,097
  • High Value: 929,461
  • Low Value: 596,734

    Market Valuation

  • Market Total Value: $548,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $548
  • Assessed Land Value: $248
  • Assessed Improvements Value: $300

    Sales

  • Current Sale Contract Date: Jun 11, 2018
  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-059117
  • Previous Sale Recording Date: May 15, 2013
  • Previous Sale Contract Date: Apr 30, 2013
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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 Franklin Square

Stats & Trends

Median Asking:

$829,000

Sale Price/ft²

$556

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1790 ft²

Average Home Age

73.7 years

Currently For Sale

38 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 625 Tulip Avenue, Stewart Manor, NY, 11530

$2,975 /mo

  • 1 Bed
  • 1 Bath
  • 595 ft²
625 Tulip Avenue #A3, Stewart Manor, NY, 11530 Listing by Michelle Holmes
Unit for rent at 207 Catherine Avenue, Franklin Square, NY, 11010

$6,500 /mo

  • 5 Beds
  • 2 Baths
  • 1,969 ft²
207 Catherine Avenue, Franklin Square, NY, 11010 Listing by Lucy A. Brunelli
Unit for rent at 150 Covert Avenue, Stewart Manor, NY, 11530

$3,380 /mo

  • 2 Beds
  • 1 Bath
  • 755 ft²
150 Covert Avenue #G2, Stewart Manor, NY, 11530 Listing by Michelle Holmes

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 120 Monroe Street built and last sold?
The property at 120 Monroe Street was built in 1925 and last sold on Jun 11, 2018 for $600,000.
How much is this home worth?
The estimated value of the home located at 120 Monroe Street is $620,650.
What are some comparable homes to 120 Monroe Street?
There are currently no comparable homes to 120 Monroe Street.
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