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Franklin Square 11010 Franklin Square
136 Madison Street
Photo of 136 Madison Street
Sold on Nov 4, 2025

27

Map

Photo of 136 Madison Street
Photo of 136 Madison Street
$660,000
● House - Off Market

136 Madison Street

Hempstead, NY 11010
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,181 Ft²
$3,907
Est. Monthly
8.75%
Cap Rate

About This Property

Charming cape cod in the heart of franklin Square set mid block offers ,  Living room with fireplace, hardwood under carpet, first floor bedroom or office, nice sized front enclosed porch could be used as a 3 seasons room, kitchen with  bright dining area, Upstairs boasts 2 large sized bedrooms with an updated bath.  Hardwood floors under the carpeting in most of the house.  Updated oil heat installed in April of 2025 and gas cooking   This home is close to almost everything, Rath park with ball fields and community pool, public transportation on Hempstead Turnpike and Polk street elementary school. Great Opportunity
Unit Size
1,181 Ft²
Days on Market
57 days
Land Size
0.09 acres
Price per sqft
$550
Property Type
House
Property Taxes
$719
HOA Dues
-
Year Built
1936

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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: 12 months ago (OneKey MLS #KEY909603)

Price History

Date / Event Date Event Price
Nov 4, 2025 Sold
Premium
Sold
Sep 26, 2025 In contract -
In contract
Sep 5, 2025 Listed by Douglas Elliman Real Estate $649,000
Listed by Douglas Elliman Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • 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: 1,181
  • Building Area: 1,181
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,181
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • 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: 405500

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-113-00-0067
  • Block: 113
  • Lot: 67-68
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7043
  • Longitude: -73.6738

    Address

  • Full Address: 136 Madison St
  • Address - House Number: 136
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C003
  • 4-Digit Zip Code: 2427
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $739,138
  • Tax Rate Code Area: 473

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 614,988
  • High Value: 714,229
  • Low Value: 515,746

    Market Valuation

  • Market Total Value: $450,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450
  • Assessed Land Value: $232
  • Assessed Improvements Value: $218

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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:

$814,500

Sale Price/ft²

$555

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1677 ft²

Average Home Age

76.6 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 100 Hilton Avenue, Garden City, NY, 11530

$5,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,187 ft²
100 Hilton Avenue #707, Garden City, NY, 11530 Listing by Marianne Imperial
Unit for rent at 1568 Madison Street, Elmont, NY, 11003

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1568 Madison Street, Elmont, NY, 11003 Listing by Kaiqiao Wang
Unit for rent at 111 Hempstead Turnpike, West Hempstead, NY, 11552

$5,613 /mo

  • 3 Beds
  • 2 Baths
  • 1,502 ft²
111 Hempstead Turnpike, West Hempstead, NY, 11552 Listing by Danielle Zangre ABR PSA SFR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 12 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 136 Madison Street built and last sold?
The property at 136 Madison Street was built in 1936 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 136 Madison Street is $658,335.
What are some comparable homes to 136 Madison Street?
There are currently no comparable homes to 136 Madison Street.
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