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Atlantic Beach 11509 Atlantic Beach
1590 Bay Boulevard
$5,350,000
● House - Off Market

1590 Bay Boulevard

Hempstead, NY 11509
bedrooms
6 Beds
bathrooms
5 Baths
square feet
3,302 Ft²
$10,101,881
RealtyHop Estimate
68.36%
Since Dec 1, 2014
NY-New York
Primary Model

About This Property

Welcome Into This Magnificent Beach House That Is Situated On A Beautiful Manicured Waterfront Property That Offers 6 Bedrooms, 5 Full Baths, Gourmet Eat In Kitchen, In-Ground Swimming Pool With A Jacuzzi And Much More To List., Additional information: Appearance:Diamond,Separate Hotwater Heater:Yes
Unit Size
3,302 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$1,817
Property Type
House
Property Taxes
$2,463
HOA Dues
-
Year Built
-

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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 #KEYL2627013)

Price History

Date / Event Date Event Price
Apr 15, 2016 Sold
Premium
Sold
Nov 5, 2014 Sold
Premium
Sold
Nov 1, 2013 Listed by Daniel Gale Associates Inc $5,999,999
Listed by Daniel Gale Associates Inc
Welcome Into This Magnificent Beach House That Is Situated On A Beautiful Manicured Waterfront Property That Offers 6 Bedrooms, 5 Full Baths, Gourmet Eat In Kitchen, In-Ground Swimming Pool With A Jacuzzi And Much More To List.

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 6,741
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 700
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF INLET ESTATES
  • Land Acres: 0000000155
  • Standard Land Use Code: 1015
  • County Land Use Code: 3121
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • Census Tract: 416300

Geography

  • District: 282089
  • Section: 58
  • Parcel: 58-085-00-0026
  • Block: 85
  • Lot: 26
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.5893
  • Longitude: -73.719

    Address

  • Full Address: 1590 Bay Blvd
  • Address - House Number: 1590
  • Address - Street Name: Bay
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Atlantic Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1606
  • Zip Code: 11509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $876,641
  • Tax Rate Code Area: 496

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 77
  • Final Value: 1,057,653
  • High Value: 1,241,985
  • Low Value: 873,322

    Market Valuation

  • Market Total Value: $416,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416
  • Assessed Land Value: $416

    Sales

  • Current Sale Contract Date: Jan 19, 2016
  • Current Sale Recording Date: Apr 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201600037636
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 Atlantic Beach

Stats & Trends

Median Asking:

$1,749,000

Sale Price/ft²

$740

Below Asking

0.02%

Average Days on Market

104

Average Home Size

3026 ft²

Average Home Age

50.1 years

Currently For Sale

12 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

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1590 Bay Boulevard built and last sold?
The property at 1590 Bay Boulevard was built in and last sold on Jan 19, 2016 for $1,254,500.
How much is this home worth?
The estimated value of the home located at 1590 Bay Boulevard is $0.
What are some comparable homes to 1590 Bay Boulevard?
There are currently no comparable homes to 1590 Bay Boulevard.
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