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Hempstead 11550 Hempstead
15 Flower Street
Photo of 15 Flower Street
Sold on Apr 25, 2025

4

Map

Photo of 15 Flower Street
Photo of 15 Flower Street
$18,000
● Land - Off Market

15 Flower Street

Hempstead, NY 11550
bedrooms
Studio
bathrooms
0 Bath
$356
Est. Monthly
33.88%
Cap Rate

About This Property

Great Opportunity!! to own a corner lot located in Nassau County that is approximately one block away from Mercy medical center as well as one .5 mile distance to Molloy College.
Unit Size
-
Days on Market
306 days
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$17
HOA Dues
-
Year Built
1956

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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 #KEYL3561108)

Price History

Date / Event Date Event Price
Apr 25, 2025 Sold
Premium
Sold
Apr 23, 2025 In contract -
In contract
Apr 2, 2025 Relisted $69,000
Relisted
Feb 21, 2025 In contract -
In contract
Jun 23, 2024 Listed by Fave Realty Inc $69,000
Listed by Fave Realty Inc
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 770
  • Garage Type: 7
  • Garage Square Area: 416
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,583
  • Building Area: 2,583
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,583
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 001

Neighborhood

  • School District Name: Hempstead Union Free School District
  • School Tax School District: 001
  • School Tax District Code 2: HEM
  • Census Tract: 407000

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-062-00-0139
  • Block: 62
  • Lot: 139
  • Municipality: HEMPSTEAD
  • Latitude: 40.6899
  • Longitude: -73.6273

    Address

  • Full Address: 15 Flower St
  • Address - House Number: 15
  • Address - Street Name: Flower
  • Address - Suffix Type: St
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C020
  • 4-Digit Zip Code: 7204
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,039,165
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 683,747
  • High Value: 823,073
  • Low Value: 544,420

    Market Valuation

  • Market Total Value: $447,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447
  • Assessed Land Value: $137
  • Assessed Improvements Value: $310

    Sales

  • Current Sale Contract Date: Sep 21, 2011
  • Current Sale Recording Date: Oct 03, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2011100301688
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:

$659,000

Sale Price/ft²

$437

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1575 ft²

Average Home Age

80.9 years

Currently For Sale

69 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

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 15 Flower Street built and last sold?
The property at 15 Flower Street was built in 1956 and last sold on Sep 21, 2011 for $160,000.
How much is this home worth?
The estimated value of the home located at 15 Flower Street is $0.
What are some comparable homes to 15 Flower Street?
There are currently no comparable homes to 15 Flower Street.
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