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Cedarhurst 11516 Cedarhurst
234 Centre Street
$1,925,000
● House - Off Market

234 Centre Street

Hempstead, NY 11516
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$2,125,207
RealtyHop Estimate
6.26%
Since Jun 1, 2022
NY-New York
Primary Model

About This Property

Brick colonial on a one-of-a-kind 200 foot deep lot in Cedarhurst with a huge backyard.  Full finished basement, oversized bedrooms, 6 zones of mini-split AC's on 1st floor and in finished basement, CAC on 2nd floor, kosher granite eik, 3 car garage, plenty of room to expand, low taxes., Additional information: Appearance:mint,Separate Hotwater Heater:y
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,098
HOA Dues
-
Year Built
1917

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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 #KEYL3365700)

Price History

Date / Event Date Event Price
May 5, 2022 Sold
Premium
Sold
Feb 4, 2022 In contract -
In contract
Dec 19, 2021 Listed by Five Towns Miller Realty Inc $1,999,999
Listed by Five Towns Miller Realty Inc
Aug 27, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,369
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,961
  • Building Area: 2,961
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,961
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: CED
  • Census Tract: 411200

Geography

  • District: 282003
  • Section: 39
  • Parcel: 39-423-00-0108
  • Block: 423
  • Lot: 108
  • Municipality: CEDARHURST
  • Latitude: 40.6216
  • Longitude: -73.7308

    Address

  • Full Address: 234 Centre St
  • Address - House Number: 234
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: NY
  • City Name: Cedarhurst
  • Carrier Code: C010
  • 4-Digit Zip Code: 1806
  • Zip Code: 11516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,285,510
  • Tax Rate Code Area: 204

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 1,534,600
  • High Value: 1,818,460
  • Low Value: 1,250,740

    Market Valuation

  • Market Total Value: $1,067,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,067
  • Assessed Land Value: $424
  • Assessed Improvements Value: $643

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-55843
  • Previous Sale Recording Date: Aug 27, 2009
  • Previous Sale Contract Date: Aug 19, 2009
  • Previous Sale Amount: $625,000
  • 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 Five Towns

Stats & Trends

Median Asking:

$1,200,000

Sale Price/ft²

$560

Below Asking

0.02%

Average Days on Market

102

Average Home Size

3353 ft²

Average Home Age

71.9 years

Currently For Sale

149 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 129 Flamingo Street, Atlantic Beach, NY, 11509

$10,000 /mo

  • 2 Beds
  • 2 Baths
129 Flamingo Street, Atlantic Beach, NY, 11509 Listing by Dilara Senturk
Unit for rent at 867 Bryant Street, Woodmere, NY, 11598

$7,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,206 ft²
867 Bryant Street, Woodmere, NY, 11598 Listing by Lisa Scheininger
Unit for rent at 275 Central Avenue, Lawrence, NY, 11559

$4,800 /mo

  • 2 Beds
  • 2 Baths
275 Central Avenue #1, Lawrence, NY, 11559 Listing by Gosia Bosgang CBR

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 234 Centre Street built and last sold?
The property at 234 Centre Street was built in 1917 and last sold on May 2, 2022 for $1,925,000.
How much is this home worth?
The estimated value of the home located at 234 Centre Street is $2,019,999.
What are some comparable homes to 234 Centre Street?
There are currently no comparable homes to 234 Centre Street.
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