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Hempstead 11550 Hempstead
220 Cedar Street
Photo of 220 Cedar Street
Sold on Jul 10, 2023

30

Map

Photo of 220 Cedar Street
Photo of 220 Cedar Street
$610,000
● House - Off Market

220 Cedar Street

Hempstead, NY 11550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,391 Ft²
$587,393
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Large Expanded Brick Cape with Colonial Style Feel, All New EIK with custom cabinets,SS appliances,Quartz counter top, hi hat lighting, 2.5 updated baths. h/w floors,fresh paint, New Exterior Doors, Lots of living space in this Large LR, FDR, Florida Room, Finished Basement w/bath and OSE, Large 2 Car Detached Garage.Updated Siding,Vinyl Windows,Arch Roof,150 Amp,Updated Oil Heat,Gas is Available in Street,Oversized PVC Fenced Property,Low Taxes and within Hemsptead Village with Uniondale School District!  This one is going to FLY!, Additional information: Appearance:Mint
Unit Size
1,391 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$423
Property Type
House
Property Taxes
$960
HOA Dues
-
Year Built
1940

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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: 2 years ago (OneKey MLS #KEYL3475867)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
May 19, 2023 In contract -
In contract
May 12, 2023 Relisted $480,000
Relisted
May 10, 2023 In contract -
In contract
May 10, 2023 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 70
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,391
  • Building Area: 1,391
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,391
  • 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 002

Neighborhood

  • School District Name: Uniondale Union Free School District
  • School Tax School District: 002
  • School Tax District Code 2: HEM
  • Census Tract: 407204

Geography

  • District: 282013
  • Section: 34
  • Parcel: 34-462-00-0143
  • Block: 462
  • Lot: 143-145
  • Municipality: HEMPSTEAD
  • Latitude: 40.7048
  • Longitude: -73.6033

    Address

  • Full Address: 220 Cedar St
  • Address - House Number: 220
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C028
  • 4-Digit Zip Code: 5233
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $514,833
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 598,568
  • High Value: 695,159
  • Low Value: 501,976

    Market Valuation

  • Market Total Value: $406,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406
  • Assessed Land Value: $165
  • Assessed Improvements Value: $241

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-27644
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

$430

Below Asking

0.01%

Average Days on Market

95

Average Home Size

1529 ft²

Average Home Age

82.2 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 21 W Centennial Ave, Roosevelt, NY, 11575

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,176 ft²
21 W Centennial Ave, Roosevelt, NY, 11575 Listing by Ahdehroh Lambert Mortimore
Unit for rent at 26 Circle Drive, Hempstead, NY, 11550

$4,000 /mo

  • 4 Beds
  • 1 Bath
  • 1,075 ft²
26 Circle Drive, Hempstead, NY, 11550 Listing by Jeffrey M. Desronvil

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 220 Cedar Street built and last sold?
The property at 220 Cedar Street was built in 1940 and last sold on May 4, 2023 for $480,000.
How much is this home worth?
The estimated value of the home located at 220 Cedar Street is $0.
What are some comparable homes to 220 Cedar Street?
There are currently no comparable homes to 220 Cedar Street.
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