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Hempstead 11550 Hempstead
18 Allen Street
$450,000
● House - Off Market

18 Allen Street

Hempstead, NY 11550
bedrooms
4 Beds
bathrooms
2 Baths
$490,248
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

LIVING LUXURY In The Heart Of Hempstead! Beautiful newly renovated home. This house has been completely redone inside and out providing the new owners a sound home to live in for years to come! Hardwood floors, Italian porcelain tiling, high-end fixtures, and updates are done throughout! Come take a look and take advantage of today's excellent interest rates!
Unit Size
-
Days on Market
280 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$943
HOA Dues
-
Year Built
1952

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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: 3 years ago (OneKey MLS #ONE3284258)

Price History

Date / Event Date Event Price
Jun 17, 2021 Sold
Premium
Sold
Feb 6, 2021 No longer available -
No longer available
Feb 5, 2021 In contract -
In contract
Jan 30, 2021 No longer available -
No longer available
Jan 29, 2021 Listed by Voro LLC $419,000
Listed by Voro LLC
LIVING LUXURY In The Heart Of Hempstead! Beautiful newly renovated home. This house has been completely redone inside and out providing the new owners a sound home to live in for years to come! Hardwood floors, Italian porcelain tiling, high-end fixtures, and updates are done throughout! Come take a look and take advantage of today's excellent interest rates!
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • 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: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PROPERTY AT HEMPSTEAD
  • Land Acres: 0000000092
  • 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: 407101

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-005-00-0032
  • Block: 5
  • Lot: 32-33
  • Municipality: HEMPSTEAD
  • Latitude: 40.691
  • Longitude: -73.6215

    Address

  • Full Address: 18 Allen St
  • Address - House Number: 18
  • Address - Street Name: Allen
  • Address - Suffix Type: St
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C029
  • 4-Digit Zip Code: 7316
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $818,379
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 501,445
  • High Value: 595,882
  • Low Value: 407,008

    Market Valuation

  • Market Total Value: $300,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300
  • Assessed Land Value: $103
  • Assessed Improvements Value: $197

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-089878
  • Previous Sale Recording Date: Dec 16, 2019
  • Previous Sale Contract Date: Nov 18, 2019
  • Previous Sale Amount: $188,250
  • Previous Sale Document Type: 12
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

$429

Below Asking

0.01%

Average Days on Market

95

Average Home Size

1524 ft²

Average Home Age

82 years

Currently For Sale

62 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 111 Hempstead Turnpike, West Hempstead, NY, 11552

$4,719 /mo

  • 2 Beds
  • 2 Baths
  • 1,035 ft²
111 Hempstead Turnpike #1262, West Hempstead, NY, 11552 Listing by Danielle Zangre ABR PSA SFR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Allen Street built and last sold?
The property at 18 Allen Street was built in 1952 and last sold on Jun 17, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 18 Allen Street is $0.
What are some comparable homes to 18 Allen Street?
There are currently no comparable homes to 18 Allen Street.
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