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Roosevelt 11575 Roosevelt
182 Frederick Avenue
Photo of 182 Frederick Avenue
Sold on Sep 25, 2025

16

Map

Photo of 182 Frederick Avenue
Photo of 182 Frederick Avenue
$570,000
● House - Off Market

182 Frederick Avenue

Hempstead, NY 11575
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,296 Ft²
$3,484
Est. Monthly
12.47%
Cap Rate

About This Property

Best deal in Nassau County! This spacious 5-bedroom, 3-bathroom home is priced under $550K with incredibly low taxes under $10,000. Located on a quiet, tree-lined block in the heart of Nassau County, this property is a perfect blank canvas and a true handyman special. The home features a generous floor plan with large bedrooms, a fully finished basement, and a spacious backyard ideal for entertaining. Conveniently situated near all major highways, the LIRR, and just a short commute to NYC, this home offers both value and location. Whether you're an investor or a buyer looking to customize your dream home, this is an opportunity you don't want to miss.
Unit Size
1,296 Ft²
Days on Market
91 days
Land Size
0.11 acres
Price per sqft
$424
Property Type
House
Property Taxes
$783
HOA Dues
-
Year Built
1964

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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: 2 years ago (OneKey MLS #KEY882820)

Price History

Date / Event Date Event Price
Sep 25, 2025 Sold
Premium
Sold
Jul 22, 2025 In contract -
In contract
Jun 26, 2025 Listed by Frontline Realty Group LLC $549,999
Listed by Frontline Realty Group LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF FREEPORT HEIGHTS
  • Land Acres: 0000000115
  • 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: 414002

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-302-00-0815
  • Block: 302
  • Lot: 815-816
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6762
  • Longitude: -73.578

    Address

  • Full Address: 182 Frederick Ave
  • Address - House Number: 182
  • Address - Street Name: Frederick
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Roosevelt
  • Carrier Code: C008
  • 4-Digit Zip Code: 2313
  • Zip Code: 11575

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $684,523
  • Tax Rate Code Area: 062

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 526,828
  • High Value: 611,843
  • Low Value: 441,813

    Market Valuation

  • Market Total Value: $350,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350
  • Assessed Land Value: $110
  • Assessed Improvements Value: $240

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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:

$650,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1435 ft²

Average Home Age

82.6 years

Currently For Sale

20 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 182 Frederick Avenue built and last sold?
The property at 182 Frederick Avenue was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 182 Frederick Avenue is $555,499.
What are some comparable homes to 182 Frederick Avenue?
There are currently no comparable homes to 182 Frederick Avenue.
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