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Franklin Square 11010 Franklin Square
249 Hoffman Street
Photo of 249 Hoffman Street
Sold on Jan 13, 2026

21

Map

Photo of 249 Hoffman Street
Photo of 249 Hoffman Street
$819,000
● House - Off Market

249 Hoffman Street

Hempstead, NY 11010
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,250 Ft²
$4,681
Est. Monthly
7.14%
Cap Rate

About This Property

THIS BEAUTIFUL RENOVATED HOME SITS ON A QUIET TREE LINED STREET IN THE HEART OF FRANKLIN SQUARE!...LED HIGH-HATS THROUGHOUT THE ENTIRE HOUSE, GLEAMING WOODEN FLOORS AND AN OPEN CONCEPT WITH A WIDE KITCHEN FOR ENTERTAINMENT, STAINLESS STEEL APPLIANCES, GRANITE COUNTER TOP, CROWN MOLDINGS, LARGE MASTER BEDROOM, VESTIBULE CLOSET, LINEN CLOSET AND PANTRY, EXTRA STORAGE, AN AMAZING BEDROOM IN THE SECOND FLOOR WITH A ITS OWN BATHROOM, FINISHED FULL BASEMENT WITH A PRIVATE ENTRANCE, NICE DEN FOR YOUR FAMILY, TWO OFFICE ROOMS ARE WAITING FOR YOU!!..GREAT SIZE BACK YARD, NEW WINDOWS, NEW ROOF, FRONT OPEN PORCH, VERY LOW TAXES, TOO MUCH TO LIST!!..YOU ARE GOING TO LOVE IT!!
Unit Size
1,250 Ft²
Days on Market
141 days
Land Size
0.10 acres
Price per sqft
$655
Property Type
House
Property Taxes
$659
HOA Dues
-
Year Built
1938

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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: 10 months ago (OneKey MLS #KEY905060)

Price History

Date / Event Date Event Price
Jan 13, 2026 Sold
Premium
Sold
Dec 4, 2025 In contract -
In contract
Oct 27, 2025 Price Decreased $819,000
↓ $20K (2.4%)
Price Decreased
Aug 25, 2025 Listed by Charles Rutenberg Realty Inc $839,000
Listed by Charles Rutenberg Realty Inc
May 13, 2025 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 209
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,166
  • Building Area: 1,166
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,166
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 017

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405500

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-124-00-0132
  • Block: 124
  • Lot: 132
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7012
  • Longitude: -73.6753

    Address

  • Full Address: 249 Hoffman St
  • Address - House Number: 249
  • Address - Street Name: Hoffman
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C003
  • 4-Digit Zip Code: 2301
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,510
  • Tax Rate Code Area: 473

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 639,392
  • High Value: 742,571
  • Low Value: 536,212

    Market Valuation

  • Market Total Value: $476,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476
  • Assessed Land Value: $255
  • Assessed Improvements Value: $221

    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 Franklin Square

Stats & Trends

Median Asking:

$829,000

Sale Price/ft²

$555

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1780 ft²

Average Home Age

72.6 years

Currently For Sale

42 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 207 Catherine Avenue, Franklin Square, NY, 11010

$6,000 /mo

  • 5 Beds
  • 2 Baths
  • 1,969 ft²
207 Catherine Avenue, Franklin Square, NY, 11010 Listing by Lucy A. Brunelli

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 10 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 249 Hoffman Street built and last sold?
The property at 249 Hoffman Street was built in 1938 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 249 Hoffman Street is $0.
What are some comparable homes to 249 Hoffman Street?
There are currently no comparable homes to 249 Hoffman Street.
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