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Baldwin 11510 Baldwin
2775 Milburn Avenue
$540,000
● House - Off Market

2775 Milburn Avenue

Hempstead, NY 11510
bedrooms
4 Beds
bathrooms
2 Baths
$3,819
Est. Monthly

About This Property

Mother-daughter, nonconforming, single-family home situated on a huge, oversized lot in a prime south Baldwin location just blocks from major shopping Steele Elementary school and Long Island Railroad. Featuring three full baths, front porch, walkout basement and a two-car detached garage. No flood insurance required., Additional information: Appearance:good,Interior Features:Lr/Dr
Unit Size
-
Days on Market
568 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$996
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: 5 months ago (OneKey MLS #KEYL3412016)

Price History

Date / Event Date Event Price
Jan 30, 2024 Sold
Premium
Sold
Oct 9, 2023 Price Decreased $574,900
↓ $100 (0%)
Price Decreased
Oct 9, 2023 In contract -
In contract
Sep 16, 2023 Price Increased $575,000
↑ $100 (0%)
Price Increased
Aug 30, 2023 Price Decreased $574,900
↓ $10 (0%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,403
  • Building Area: 1,403
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,403
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMENDED MAP OF BALDWIN HARBOR SEC 1
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 010

Neighborhood

  • School District Name: Baldwin Union Free School District
  • School Tax School District: 010
  • Census Tract: 413700

Geography

  • District: 282089
  • Section: 54
  • Parcel: 54-292-00-0276
  • Block: 292
  • Lot: 276-279
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6423
  • Longitude: -73.6053

    Address

  • Full Address: 2775 Milburn Ave
  • Address - House Number: 2775
  • Address - Street Name: Milburn
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Baldwin
  • Carrier Code: C058
  • 4-Digit Zip Code: 4165
  • Zip Code: 11510

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,173,250
  • Tax Rate Code Area: 424

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 572,615
  • High Value: 669,248
  • Low Value: 475,982

    Market Valuation

  • Market Total Value: $395,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395
  • Assessed Land Value: $220
  • Assessed Improvements Value: $175

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 30, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2024-6396
  • Previous Sale Recording Date: Aug 02, 1999
  • Previous Sale Contract Date: Jun 30, 1999
  • Previous Sale Amount: $154,000
  • 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 Baldwin

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$441

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1611 ft²

Average Home Age

83.2 years

Currently For Sale

29 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

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$7,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,300 ft²
60 W Milton Street, Freeport, NY, 11520 Listing by Yanina I. Calixte
Unit for rent at 725 Miller Avenue, Freeport, NY, 11520

$2,990 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
725 Miller Avenue #123, Freeport, NY, 11520 Listing by Lisa J. DeTurris
Unit for rent at 50 Florence Avenue, Freeport, NY, 11520

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 2,451 ft²
50 Florence Avenue, Freeport, NY, 11520 Listing by Lisa J. DeTurris

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 2775 Milburn Avenue built and last sold?
The property at 2775 Milburn Avenue was built in 1938 and last sold on Jan 18, 2024 for $540,000.
How much is this home worth?
The estimated value of the home located at 2775 Milburn Avenue is $580,649.
What are some comparable homes to 2775 Milburn Avenue?
There are currently no comparable homes to 2775 Milburn Avenue.
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