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Hempstead 11550 Hempstead
29 Foster Place
$494,900
● House - Off Market

29 Foster Place

Hempstead, NY 11550
bedrooms
5 Beds
bathrooms
2 Baths
$3,520
Est. Monthly
17.68%
Cap Rate

About This Property

Cozy Tudor with 7 Rooms 5 beds and 2 bath located in Uniondale schools. Livingroom with fireplace, hardwoods as seen. Close to Shopping, Transportation and Major Roadways
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,089
HOA Dues
-
Year Built
1930

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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: 4 months ago (OneKey MLS #KEYL3521334)

Price History

Date / Event Date Event Price
Jan 3, 2025 Sold
Premium
Sold
Dec 14, 2023 Listed by RE/MAX Best $494,900
Listed by RE/MAX Best
Nov 10, 2006 Sold
Premium
Sold
Aug 16, 1999 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,670
  • Building Area: 1,670
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,670
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 002

Neighborhood

  • School District Name: Uniondale Union Free School District
  • School Tax School District: 002
  • School Tax District Code 2: HEM
  • Census Tract: 407102

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-094-00-0146
  • Block: 94
  • Lot: 146
  • Municipality: HEMPSTEAD
  • Latitude: 40.7018
  • Longitude: -73.6067

    Address

  • Full Address: 29 Foster Pl
  • Address - House Number: 29
  • Address - Street Name: Foster
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C018
  • 4-Digit Zip Code: 6405
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $669,464
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 91
  • Final Value: 545,624
  • High Value: 596,423
  • Low Value: 494,825

    Market Valuation

  • Market Total Value: $417,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417
  • Assessed Land Value: $124
  • Assessed Improvements Value: $293

    Sales

  • Current Sale Contract Date: Oct 31, 2006
  • Current Sale Recording Date: Nov 10, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 16, 1999
  • Previous Sale Contract Date: Aug 06, 1999
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: 4
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

1464 ft²

Average Home Age

82.4 years

Currently For Sale

60 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 1214 Maple Avenue, South Hempstead, NY, 11550

$7,999 /mo

  • 5 Beds
  • 3 Baths
  • 2,448 ft²
1214 Maple Avenue, South Hempstead, NY, 11550 Listing by John McSherry

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 Foster Place built and last sold?
The property at 29 Foster Place was built in 1930 and last sold on Oct 31, 2006 for $440,000.
How much is this home worth?
The estimated value of the home located at 29 Foster Place is $499,849.
What are some comparable homes to 29 Foster Place?
There are currently no comparable homes to 29 Foster Place.
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