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Franklin Square 11010 Franklin Square
181 Monroe Street
Photo of 181 Monroe Street
Sold on Jun 1, 2026

31

Map

Photo of 181 Monroe Street
Photo of 181 Monroe Street
$760,000
● House - Off Market

181 Monroe Street

Hempstead, NY 11010
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,584 Ft²
$4,286
Est. Monthly

About This Property

3 bedroom 3 bath home in the heart of Franklin Square.  large living space includes living room dining room combination with fireplace.  Huge 2nd floor bedrooms with great closet space.  Finished basement with outside entrance, corner lot with 2 car garage and yard space.   Needs a little TLC but an excellent opportunity
Unit Size
1,584 Ft²
Days on Market
75 days
Land Size
0.14 acres
Price per sqft
$441
Property Type
House
Property Taxes
$853
HOA Dues
-
Year Built
1948

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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: 5 months ago (OneKey MLS #KEY968408)

Price History

Date / Event Date Event Price
Jun 1, 2026 Sold
Premium
Sold
Apr 11, 2026 In contract -
In contract
Mar 6, 2026 Listed by Douglas Elliman Real Estate $699,000
Listed by Douglas Elliman Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 017

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405302

Geography

  • District: 282089
  • Section: 33
  • Parcel: 33-417-00-0023
  • Block: 417
  • Lot: 23-25
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7114
  • Longitude: -73.6727

    Address

  • Full Address: 181 Monroe St
  • Address - House Number: 181
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C017
  • 4-Digit Zip Code: 3810
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $945,909
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 473

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 696,785
  • High Value: 809,226
  • Low Value: 584,344

    Market Valuation

  • Market Total Value: $503,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503
  • Assessed Land Value: $284
  • Assessed Improvements Value: $219
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 Franklin Square

Stats & Trends

Median Asking:

$829,000

Sale Price/ft²

$555

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1697 ft²

Average Home Age

75.4 years

Currently For Sale

34 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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$6,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,397 ft²
100 Hilton Avenue #806, Garden City, NY, 11530 Listing by Marianne Imperial
Unit for rent at 111 Cherry Valley Avenue, Garden City, NY, 11530

$8,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,533 ft²
111 Cherry Valley Avenue #420, Garden City, NY, 11530 Listing by Maureen L. Lagarde
Unit for rent at 148 Lincoln Street, Garden City, NY, 11530

$7,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,608 ft²
148 Lincoln Street, Garden City, NY, 11530 Listing by Patricia M. Aprigliano ABR

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 181 Monroe Street built and last sold?
The property at 181 Monroe Street was built in 1948 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 181 Monroe Street is $0.
What are some comparable homes to 181 Monroe Street?
There are currently no comparable homes to 181 Monroe Street.
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