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Oceanside 11572 Oceanside
2587 Loftus Avenue
$650,000
● House - Off Market

2587 Loftus Avenue

Hempstead, NY 11572
bedrooms
4 Beds
bathrooms
2 Baths
$4,115
Est. Monthly

About This Property

Size Matters*Welcome to this Impressive Expansive Cape recently renovated both inside and out*Exterior features Include New Roof*New Siding*New Windows throughout*Bold Portico With Painted Columns*New Central Air Conditioning*New Heating System*Spacious and Inviting Floor plan*Living Room and Kitchen Boast Big Bay Windows*Kitchen features an abundance of Cherry Cabinets*Quartz Countertops*New Stainless Steel Appliances*Kitchen nook with new skylight*H/W Flooring*The bathrooms have been Beautifully updated with Modern fixtures and finishes*All the Bedrooms are Spacious and filled with natural light*Enormous Newly finished basement with high ceilings for your Entertainment pleasures also features an outside entrance*Backyard complete with New Covered Deck*Fully Fenced*No Flood Insurance required*This house is loaded with goodies and is the absolute Best in it's Class*Oceanside Schools*Your Must See Home!, Additional information: Green Features:Insulated Doors,Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,022
HOA Dues
-
Year Built
1953

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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 #KEYL3503868)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold
Premium
Sold
Sep 30, 2023 In contract -
In contract
Sep 12, 2023 Listed by Progressive Realty Grp USA Inc $629,900
Listed by Progressive Realty Grp USA Inc
Aug 10, 2018 No longer available -
No longer available
Aug 8, 2018 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • 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: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,514
  • Building Area: 1,514
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,514
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 011

Neighborhood

  • School District Name: Oceanside Union Free School District
  • School Tax School District: 011
  • Census Tract: 413100

Geography

  • District: 282089
  • Section: 54
  • Parcel: 54-173-00-0041
  • Block: 173
  • Lot: 41-42
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6467
  • Longitude: -73.6265

    Address

  • Full Address: 2587 Loftus Ave
  • Address - House Number: 2587
  • Address - Street Name: Loftus
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Oceanside
  • Carrier Code: C058
  • 4-Digit Zip Code: 2421
  • Zip Code: 11572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,226,096
  • Tax Rate Code Area: 429

    Appraisal Valuation

  • Standard Deviation: 0.0926
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 91
  • Final Value: 624,170
  • High Value: 682,005
  • Low Value: 566,335

    Market Valuation

  • Market Total Value: $475,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475
  • Assessed Land Value: $167
  • Assessed Improvements Value: $308

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Jan 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2024-998
  • Previous Sale Recording Date: Aug 08, 2018
  • Previous Sale Contract Date: Jul 27, 2018
  • Previous Sale Amount: $365,000
  • 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 Oceanside

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1934 ft²

Average Home Age

67.9 years

Currently For Sale

77 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 56 State Street, Rockville Centre, NY, 11570

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
56 State Street, Rockville Centre, NY, 11570 Listing by Glen Fox
Unit for rent at 2674 Johnson Place, Baldwin, NY, 11510

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,016 ft²
2674 Johnson Place, Baldwin, NY, 11510 Listing by Natalia Hernandez Lopez
Unit for rent at 1654 Grand Avenue, Baldwin, NY, 11510

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1654 Grand Avenue #2, Baldwin, NY, 11510 Listing by Kadiatou Balde LHC

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 2587 Loftus Avenue built and last sold?
The property at 2587 Loftus Avenue was built in 1953 and last sold on Dec 13, 2023 for $649,900.
How much is this home worth?
The estimated value of the home located at 2587 Loftus Avenue is $636,199.
What are some comparable homes to 2587 Loftus Avenue?
There are currently no comparable homes to 2587 Loftus Avenue.
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