by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Malverne 11565 Malverne
142 Franklin Avenue
$649,000
● House - Off Market

142 Franklin Avenue

Hempstead, NY 11565
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,234 Ft²
$916,615
RealtyHop Estimate
41.23%
Since Aug 1, 2020
NY-New York
Primary Model

About This Property

BEAUTIFUL ALL BRAND NEW UPDATED SPACIOUS RENOVATED 4 bed/2 full bath with 9 large rooms colonial on corner property. Central air with full basement. Sunny open floor plan offers granite ss kitchen with all new appliances and center island. All new wood floors with molding. Limestone fireplace with Closets galore . Move right in Will not last!!!!
Unit Size
2,234 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$291
Property Type
House
Property Taxes
$954
HOA Dues
-
Year Built
1926

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #KEYL3209845)

Price History

Date / Event Date Event Price
May 22, 2020 No longer available -
No longer available
May 21, 2020 In contract -
In contract
Apr 22, 2020 Price Decreased $649,000
↓ $30K (4.4%)
Price Decreased
Apr 7, 2020 Listed by HomeLister Inc $679,000
Listed by HomeLister Inc
BEAUTIFUL ALL BRAND NEW UPDATED SPACIOUS RENOVATED 4 bed/2 full bath with 9 large rooms colonial on corner property. Central air with full basement. Sunny open floor plan offers granite ss kitchen with all new appliances and center island. All new wood floors with molding. Limestone fireplace with Closets galore . Move right in Will not last!!!! The manager has listed the unit size as 2234 square feet.
Mar 24, 2020 Listed by HomeLister Inc $649,000
Listed by HomeLister Inc
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 20

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,234
  • Building Area: 2,234
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,234
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 013

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 013
  • School Tax District Code 2: MAL
  • Census Tract: 410100

Geography

  • District: 282027
  • Section: 37
  • Parcel: 37-205-00-0335
  • Block: 205
  • Lot: 335
  • Municipality: MALVERNE
  • Latitude: 40.6731
  • Longitude: -73.675

    Address

  • Full Address: 142 Franklin Ave
  • Address - House Number: 142
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C008
  • 4-Digit Zip Code: 1931
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 791,551
  • High Value: 938,580
  • Low Value: 644,522

    Market Valuation

  • Market Total Value: $507,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $507
  • Assessed Land Value: $199
  • Assessed Improvements Value: $308

    Exemptions

  • Religious Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-069534
  • Previous Sale Recording Date: Nov 01, 2017
  • Previous Sale Contract Date: Oct 17, 2017
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 27
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 Malverne

Stats & Trends

Median Asking:

$789,000

Sale Price/ft²

$494

Above Asking

0.00%

Average Days on Market

94

Average Home Size

1825 ft²

Average Home Age

84.4 years

Currently For Sale

19 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 5 Freer Street, Lynbrook, NY, 11563

$2,695 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #427, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
Unit for rent at 510 Dubois Ave, North Valley Stream, NY, 11581

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
510 Dubois Ave #3C, North Valley Stream, NY, 11581 Listing by Jenny Medina
Unit for rent at 57 Earle Avenue, Lynbrook, NY, 11563

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 3,414 ft²
57 Earle Avenue #2NDFLOOR, Lynbrook, NY, 11563 Listing by Karen A. Elefante

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 142 Franklin Avenue built and last sold?
The property at 142 Franklin Avenue was built in 1926 and last sold on Jul 30, 2020 for $649,000.
How much is this home worth?
The estimated value of the home located at 142 Franklin Avenue is $672,961.
What are some comparable homes to 142 Franklin Avenue?
There are currently no comparable homes to 142 Franklin Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Malverne Homes for Sale
Malverne Houses for Sale
Malverne Multifamily for Sale
Malverne Homes with Basements
Malverne Homes with Pools
Malverne Homes with Parking
Malverne Homes with Garages
Malverne Homes with a View
Nearby Cities
Valley Stream Homes for Sale
Rockville Centre Homes for Sale
Lynbrook Homes for Sale
Franklin Square Homes for Sale
West Hempstead Homes for Sale
North Valley Stream Homes for Sale
Lakeview Homes for Sale
Malverne Park Oaks Homes for Sale
Nearby Property Records
Nassau County, NY Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Bergen County, NJ Property Records
Westchester County, NY Property Records
Essex County, NJ Property Records
Union County, NJ Property Records
Rockland County, NY Property Records
Top Real Estate Agents
Top Agents in Malverne
Top Agents in 11580
Top Agents in Valley Stream
Top Agents in 11570
Top Agents in Rockville Centre
Top Agents in 11563
Top Agents in Lynbrook
Top Agents in Franklin Square