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Hewlett Harbor 11557 Hewlett Harbor
243 Hedge Lane
$1,175,000
● House - Off Market

243 Hedge Lane

Hempstead, NY 11557
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$1,863,893
RealtyHop Estimate
55.45%
Since May 1, 2017
NY-New York
Primary Model

About This Property

Diamond Hewlett Harbor House Cul De Sac, Chef  Kit W/ Ss App, Granite Counters,Large Island,Great For Entertaining,Fdr, Fam Rm W/Fp, 1/2 Ba, Sitting Rm W/ Fp, Mb Suite W/Balcony His& Hers Wi Closet W/ Spa Ba Heated Flrs, Bdrm, Full Bath,Up- 2 Bdrms, Office, Full Bath, Full Fin Basement, Laundry Room, Bdr, Full Bath,2 Car Garage, Large Backyard, Elegant 2 Good To Be True!!, Additional information: Appearance:Diamond,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.88 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,050
HOA Dues
-
Year Built
1960

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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 #KEYL2905564)

Price History

Date / Event Date Event Price
May 4, 2017 Sold
Premium
Sold
Jan 9, 2017 Listed by Beach West Realty Corp $1,199,000
Listed by Beach West Realty Corp
Jun 28, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 100
  • Garage Type: 7
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 4

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 1,720
  • Total Building Area: 3,986
  • Building Area: 3,986
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,986
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 014

Neighborhood

  • School District Name: Hewlett-Woodmere Union Free School District
  • School Tax School District: 014
  • School Tax District Code 2: HH
  • Census Tract: 411500

Geography

  • District: 282017
  • Section: 42
  • Parcel: 42-196-00-0068
  • Block: 196
  • Lot: 68
  • Municipality: HEWLETT HARBOR
  • Latitude: 40.6384
  • Longitude: -73.6834

    Address

  • Full Address: 243 Hedge Ln
  • Address - House Number: 243
  • Address - Street Name: Hedge
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Hewlett
  • Carrier Code: C006
  • 4-Digit Zip Code: 2233
  • Zip Code: 11557

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,840,169
  • Tax Rate Code Area: 174

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 77
  • Final Value: 1,688,394
  • High Value: 1,979,115
  • Low Value: 1,397,673

    Market Valuation

  • Market Total Value: $1,058,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,058
  • Assessed Land Value: $520
  • Assessed Improvements Value: $538

    Sales

  • Current Sale Contract Date: Apr 24, 2017
  • Current Sale Recording Date: May 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201700045306
  • Previous Sale Recording Date: Jun 28, 1995
  • Previous Sale Contract Date: Jun 20, 1995
  • Previous Sale Amount: $621,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,199,000

Sale Price/ft²

$559

Below Asking

0.02%

Average Days on Market

109

Average Home Size

3490 ft²

Average Home Age

71.2 years

Currently For Sale

154 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 67 Prospect Avenue, Hewlett, NY, 11557

$3,030 /mo

  • 1 Bed
  • 1 Bath
  • 785 ft²
67 Prospect Avenue #16C, Hewlett, NY, 11557 Listing by Michelle Holmes
Unit for rent at 5 Freer Street, Lynbrook, NY, 11563

$2,770 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #411, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
Unit for rent at 65 Prospect Avenue, Hewlett, NY, 11557

$3,680 /mo

  • 2 Beds
  • 2 Baths
  • 1,060 ft²
65 Prospect Avenue #15W, Hewlett, NY, 11557 Listing by Michelle Holmes

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 243 Hedge Lane built and last sold?
The property at 243 Hedge Lane was built in 1960 and last sold on Apr 24, 2017 for $1,175,000.
How much is this home worth?
The estimated value of the home located at 243 Hedge Lane is $1,210,990.
What are some comparable homes to 243 Hedge Lane?
There are currently no comparable homes to 243 Hedge Lane.
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