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Hempstead 11550 Hempstead
24 Parsons Drive
Photo of 24 Parsons Drive
Sold on Apr 21, 2026

21

Map

Photo of 24 Parsons Drive
Photo of 24 Parsons Drive
$640,000
● House - Off Market

24 Parsons Drive

Hempstead, NY 11550
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,470 Ft²
$4,022
Est. Monthly
5.65%
Cap Rate

About This Property

Welcome to this charming single-family home in a prime location! The first floor features a warm and inviting living room with a cozy fireplace, a spacious formal dining room perfect for entertaining, a dedicated home office, and a functional kitchen. Upstairs, you'll find three comfortable bedrooms and a full bathroom.  Outside, enjoy a grassy front yard, a welcoming front porch, and an extended private driveway offering ample parking. Location is everything - just minutes from the LIRR, Hofstra University, and the UBS Arena. You'll also be close to the Roosevelt Field Mall and major shopping areas, including supermarkets, restaurants, and home improvement stores on Front St and Fulton Ave. A great opportunity in a highly accessible and vibrant neighborhood.
Unit Size
1,470 Ft²
Days on Market
285 days
Land Size
0.14 acres
Price per sqft
$429
Property Type
House
Property Taxes
$928
HOA Dues
-
Year Built
1920

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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 #KEY879721)

Price History

Date / Event Date Event Price
Apr 21, 2026 In contract -
In contract
Apr 21, 2026 Sold
Premium
Sold
Mar 26, 2026 Relisted $630,000
Relisted
Jan 21, 2026 In contract -
In contract
Dec 5, 2025 Relisted $630,000
Relisted
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • 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: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 0

    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 001

Neighborhood

  • School District Name: Hempstead Union Free School District
  • School Tax School District: 001
  • School Tax District Code 2: HEM
  • Census Tract: 406701

Geography

  • District: 282013
  • Section: 35
  • Parcel: 35-455-00-0015
  • Block: 455
  • Lot: 15
  • Municipality: HEMPSTEAD
  • Latitude: 40.7031
  • Longitude: -73.6329

    Address

  • Full Address: 24 Parsons Dr
  • Address - House Number: 24
  • Address - Street Name: Parsons
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C001
  • 4-Digit Zip Code: 4713
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $208,940
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 584,994
  • High Value: 679,395
  • Low Value: 490,592

    Market Valuation

  • Market Total Value: $439,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439
  • Assessed Land Value: $169
  • Assessed Improvements Value: $270

    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 Hempstead

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$425

Below Asking

0.01%

Average Days on Market

95

Average Home Size

1465 ft²

Average Home Age

82 years

Currently For Sale

61 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 366 Greenwich Street, Hempstead, NY, 11550

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,504 ft²
366 Greenwich Street, Hempstead, NY, 11550 Listing by Marissa Ferrara
Unit for rent at 451 Fulton Avenue, Hempstead, NY, 11550

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 145,854 ft²
451 Fulton Avenue #124, Hempstead, NY, 11550 Listing by Noel J. Maaba
Unit for rent at 2 Vanata Court, Hempstead, NY, 11550

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,024 ft²
2 Vanata Court, Hempstead, NY, 11550 Listing by Sharon A. Sullivan-Piscopia E-PRO

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 24 Parsons Drive built and last sold?
The property at 24 Parsons Drive was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 24 Parsons Drive is $642,255.
What are some comparable homes to 24 Parsons Drive?
There are currently no comparable homes to 24 Parsons Drive.
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