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Malverne 11565 Malverne
169 Wright Avenue
$580,000
● House - Off Market

169 Wright Avenue

Hempstead, NY 11565
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
$786,989
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Beautiful Cape/Colonial in Heart of Malverne Village. Featuring Master Bedroom on First Floor, Large Living Room w/ Fireplace, Tremendous Eat In Kitchen w/ Stainless Steel Appliances,  Formal Dining Room, 3 Additional Bedrooms on 2nd Floor. Low Taxes! Close to Schools, Shops, LIRR., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,074
HOA Dues
-
Year Built
1946

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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: 4 months ago (OneKey MLS #KEYL3225579)

Price History

Date / Event Date Event Price
Feb 11, 2021 Sold
Premium
Sold
Dec 30, 2020 Sold
Premium
Sold
Aug 5, 2020 In contract -
In contract
Jun 24, 2020 Listed by Newman Realty Inc $599,000
Listed by Newman Realty Inc
Dec 9, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • 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: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF NORWOOD ESTATES
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 012

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: MAL
  • Census Tract: 410200

Geography

  • District: 282027
  • Section: 38
  • Parcel: 38-005-00-0245
  • Block: 5
  • Lot: 245
  • Municipality: MALVERNE
  • Latitude: 40.6737
  • Longitude: -73.6637

    Address

  • Full Address: 169 Wright Ave
  • Address - House Number: 169
  • Address - Street Name: Wright
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C002
  • 4-Digit Zip Code: 2130
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,023,086
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 682,365
  • High Value: 800,832
  • Low Value: 563,899

    Market Valuation

  • Market Total Value: $514,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $514
  • Assessed Land Value: $192
  • Assessed Improvements Value: $322

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-017696
  • Previous Sale Recording Date: Dec 09, 2014
  • Previous Sale Contract Date: Dec 04, 2014
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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

$497

Above Asking

0.00%

Average Days on Market

91

Average Home Size

1797 ft²

Average Home Age

81.2 years

Currently For Sale

17 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

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$2,695 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #427, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
Unit for rent at 99 Centre Avenue, East Rockaway, NY, 11518

$2,995 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
99 Centre Avenue, East Rockaway, NY, 11518 Listing by Steve Hakimzadeh
Unit for rent at 24 Doxsey Place, Lynbrook, NY, 11563

$3,300 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
24 Doxsey Place #3, Lynbrook, NY, 11563 Listing by Sergey Borohov

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 169 Wright Avenue built and last sold?
The property at 169 Wright Avenue was built in 1946 and last sold on Dec 29, 2020 for $580,000.
How much is this home worth?
The estimated value of the home located at 169 Wright Avenue is $604,990.
What are some comparable homes to 169 Wright Avenue?
There are currently no comparable homes to 169 Wright Avenue.
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