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Roosevelt 11575 Roosevelt
177 Forest Avenue
$250,000
● House - Off Market

177 Forest Avenue

Hempstead, NY 11575
bedrooms
5 Beds
bathrooms
2 Baths
$489,783
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$706
HOA Dues
-
Year Built
1922

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYL2705767)

Price History

Date / Event Date Event Price
Feb 4, 2015 Sold
Premium
Sold
Sep 11, 2014 Listed by Platinum Realty Estates $265,000
Listed by Platinum Realty Estates
May 25, 2004 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,500
  • Building Area: 2,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,500
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 008

Neighborhood

  • School District Name: Roosevelt Union Free School District
  • School Tax School District: 008
  • Census Tract: 413900

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-338-00-0007
  • Block: 338
  • Lot: 7
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6721
  • Longitude: -73.5817

    Address

  • Full Address: 177 Forest Ave
  • Address - House Number: 177
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Roosevelt
  • Carrier Code: C009
  • 4-Digit Zip Code: 2153
  • Zip Code: 11575

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,040,011
  • Tax Rate Code Area: 062

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 614,350
  • High Value: 730,147
  • Low Value: 498,553

    Market Valuation

  • Market Total Value: $414,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414
  • Assessed Land Value: $138
  • Assessed Improvements Value: $276

    Sales

  • Current Sale Contract Date: Apr 29, 2004
  • Current Sale Recording Date: May 25, 2004
  • Current Sale Price:
    Premium
  • Current 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 Roosevelt

Stats & Trends

Median Asking:

$649,500

Sale Price/ft²

$426

Below Asking

0.01%

Average Days on Market

94

Average Home Size

1269 ft²

Average Home Age

83.2 years

Currently For Sale

24 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 1750 Henry Road, Merrick, NY, 11566

$6,800 /mo

  • 5 Beds
  • 3 Baths
  • 3,425 ft²
1750 Henry Road, Merrick, NY, 11566 Listing by Ellen Visconti-Olson

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 177 Forest Avenue built and last sold?
The property at 177 Forest Avenue was built in 1922 and last sold on Apr 29, 2004 for $265,000.
How much is this home worth?
The estimated value of the home located at 177 Forest Avenue is $0.
What are some comparable homes to 177 Forest Avenue?
There are currently no comparable homes to 177 Forest Avenue.
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