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North Valley Stream 11580 North Valley Stream
1518 Bowe Road
$740,000
● House - Off Market

1518 Bowe Road

Hempstead, NY 11580
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,236 Ft²
$4,554
Est. Monthly

About This Property

beautifully renovated ranch in north valley stream completely renovated kitchen full bath hi hats new wood flooring throughout all new electrical panel new central air installed new exterior vinyl siding and entry doors come see this beautiful home near all won't last, Additional information: Appearance:mint
Unit Size
1,236 Ft²
Days on Market
122 days
Land Size
0.15 acres
Price per sqft
$615
Property Type
House
Property Taxes
$822
HOA Dues
-
Year Built
1950

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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 #KEYL3549919)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Premium
Sold
Jul 10, 2024 In contract -
In contract
May 7, 2024 Listed by Signature Premier Properties $759,990
Listed by Signature Premier Properties
Jan 10, 2024 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • 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

    Dimensions

  • Lot Size Square Feet: 6,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 013

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 013
  • Census Tract: 410000

Geography

  • District: 282089
  • Section: 37
  • Parcel: 37-626-00-0007
  • Block: 626
  • Lot: 7
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6826
  • Longitude: -73.6991

    Address

  • Full Address: 1518 Bowe Rd
  • Address - House Number: 1518
  • Address - Street Name: Bowe
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C073
  • 4-Digit Zip Code: 1307
  • Zip Code: 11580

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $719,064
  • Tax Rate Code Area: 196

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 627,051
  • High Value: 732,870
  • Low Value: 521,231

    Market Valuation

  • Market Total Value: $433,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433
  • Assessed Land Value: $188
  • Assessed Improvements Value: $245

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 2024-2133
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 North Valley Stream

Stats & Trends

Median Asking:

$788,500

Sale Price/ft²

$517

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1778 ft²

Average Home Age

65.7 years

Currently For Sale

37 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 50 Catherine Street, Valley Stream, NY, 11581

$7,500 /mo

  • 5 Beds
  • 2 Baths
  • 2,268 ft²
50 Catherine Street, Valley Stream, NY, 11581 Listing by Ravi Pal
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 64 Dewitt Street, Valley Stream, NY, 11580

$5,999 /mo

  • 4 Beds
  • 2 Baths
  • 1,500 ft²
64 Dewitt Street, Valley Stream, NY, 11580 Listing by Faisal Rashid

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 1518 Bowe Road built and last sold?
The property at 1518 Bowe Road was built in 1950 and last sold on Dec 4, 2023 for $497,500.
How much is this home worth?
The estimated value of the home located at 1518 Bowe Road is $762,774.
What are some comparable homes to 1518 Bowe Road?
There are currently no comparable homes to 1518 Bowe Road.
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