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Roosevelt 11575 Roosevelt
18 Lyme Place
$500,000
● House - Off Market

18 Lyme Place

Hempstead, NY 11575
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$793,131
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Fully Renovated Center Hall Brick Colonial Featuring Living Room W/Fireplace, 3 Bedrooms 2.5 Baths(Master Bdrm W/Full Bath) Plus Full Finished Basement, Additional information: Appearance:Mint Aaa
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
1940

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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 #KEYL2955265)

Price History

Date / Event Date Event Price
Nov 13, 2017 Sold
Premium
Sold
Jul 14, 2017 Listed by Exit Realty United $499,999
Listed by Exit Realty United
Nov 17, 2016 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 16
  • Garage Type: 7
  • Garage Square Area: 512
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,400
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,853
  • Building Area: 1,853
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,853
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 010

Neighborhood

  • School District Name: Baldwin Union Free School District
  • School Tax School District: BALDWIN - 10
  • Census Tract: 413900

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-494-00-0040
  • Block: 494
  • Lot: 40-44
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6738
  • Longitude: -73.5962

    Address

  • Full Address: 18 Lyme Pl
  • Address - House Number: 18
  • Address - Street Name: Lyme
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Roosevelt
  • Carrier Code: C002
  • 4-Digit Zip Code: 1913
  • Zip Code: 11575

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $1,509,071
  • Tax Rate Code Area: 239

    Appraisal Valuation

  • Standard Deviation: 0.3701
  • Valuation Date: Aug 07, 2019
  • Confidence Score: 47
  • Final Value: 450,927
  • High Value: 617,840
  • Low Value: 284,015

    Assessments Valuation

  • Assessed Year: 2018

    Sales

  • Current Sale Contract Date: Nov 09, 2016
  • Current Sale Recording Date: Nov 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 59
  • Current Sale Input Document Number: 201600114229

    Last Sale Mortgage

  • First Mortgage Lender:
    Premium
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:

$652,995

Sale Price/ft²

$426

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1277 ft²

Average Home Age

83 years

Currently For Sale

23 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 56 State Street, Rockville Centre, NY, 11570

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
56 State Street, Rockville Centre, NY, 11570 Listing by Glen Fox
Unit for rent at 87-89 Main Street, Freeport, NY, 11520

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
87-89 Main Street #204, Freeport, NY, 11520 Listing by Angelo P. Pastore
Unit for rent at 2674 Johnson Place, Baldwin, NY, 11510

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,016 ft²
2674 Johnson Place, Baldwin, NY, 11510 Listing by Natalia Hernandez Lopez

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Lyme Place built and last sold?
The property at 18 Lyme Place was built in 1940 and last sold on Nov 9, 2016 for $250,000.
How much is this home worth?
The estimated value of the home located at 18 Lyme Place is $504,999.
What are some comparable homes to 18 Lyme Place?
There are currently no comparable homes to 18 Lyme Place.
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