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East Rockaway 11563 East Rockaway
292 Ocean Avenue
Photo of 292 Ocean Avenue
Sold on Mar 11, 2026

16

Map

Photo of 292 Ocean Avenue
Photo of 292 Ocean Avenue
$660,000
● House - Off Market

292 Ocean Avenue

Hempstead, NY 11563
bedrooms
3 Beds
bathrooms
0 Bath
$3,960
Est. Monthly
4.86%
Cap Rate

About This Property

Great For Multi-Generational Living!! Welcome To This Craftsman Cape Located in the Heart of East Rockaway. 3-4 Bedrooms, Large Renovated Eat in Kitchen With Stainless Steel Appliances and Quartz Countertops, Living Room. Hardwood Floors Under Carpet. Full Basement With Outside Entrance. Large Fenced in Property. On The Border of Lynbrook and Rockville Centre - Close to Schools, Multi-Town Trains & Multi-Town Shopping. Taxes Do Not Reflect Basic Star Savings of $1513. Kitchen Renovated 2018, Renovated Bathroom 2020, Roof 1 Layer, 200 AMP Electric, Freshly Painted. No Flood Insurance.
Unit Size
-
Days on Market
239 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$817
HOA Dues
-
Year Built
1920

Payment Calculator

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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: 8 months ago (OneKey MLS #KEY858107)

Price History

Date / Event Date Event Price
Mar 11, 2026 Sold
Premium
Sold
Nov 4, 2025 In contract -
In contract
Oct 4, 2025 Price Decreased $639,999
↓ $6K (0.9%)
Price Decreased
Sep 21, 2025 Price Decreased $645,999
↓ $4K (0.6%)
Price Decreased
Aug 20, 2025 Price Decreased $649,999
↓ $25K (3.7%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 12
  • Construction Type: 6
  • Building Style: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 4,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,066
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,066
  • 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 019

Neighborhood

  • School District Name: East Rockaway Union Free School District
  • School Tax School District: 019
  • School Tax District Code 2: ER
  • Census Tract: 412200

Geography

  • District: 282005
  • Section: 38
  • Parcel: 38-486-00-0023
  • Block: 486
  • Lot: 23
  • Municipality: EAST ROCKAWAY
  • Latitude: 40.651
  • Longitude: -73.6593

    Address

  • Full Address: 292 Ocean Ave
  • Address - House Number: 292
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: East Rockaway
  • Zip Code: 11518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $933,564
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 521,732
  • High Value: 609,779
  • Low Value: 433,686

    Market Valuation

  • Market Total Value: $367,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367
  • Assessed Land Value: $171
  • Assessed Improvements Value: $196

    Sales

  • Current Sale Contract Date: Jan 25, 1999
  • Current Sale Recording Date: Feb 05, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 East Rockaway

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$457

Below Asking

0.02%

Average Days on Market

99

Average Home Size

4278 ft²

Average Home Age

82 years

Currently For Sale

35 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 20 Sylvester Place, Lynbrook, NY, 11563

$3,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,771 ft²
20 Sylvester Place, Lynbrook, NY, 11563 Listing by Kevin Coons
Unit for rent at 100 Daly Boulevard, Oceanside, NY, 11572

$3,800 /mo

  • 2 Beds
  • 1 Bath
  • 53,718 ft²
100 Daly Boulevard #604, Oceanside, NY, 11572 Listing by Adam Hershco
Unit for rent at 88 West Boulevard, East Rockaway, NY, 11518

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,135 ft²
88 West Boulevard, East Rockaway, NY, 11518 Listing by Justin L. Sguera

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 8 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 292 Ocean Avenue built and last sold?
The property at 292 Ocean Avenue was built in 1920 and last sold on Jan 25, 1999 for $145,000.
How much is this home worth?
The estimated value of the home located at 292 Ocean Avenue is $0.
What are some comparable homes to 292 Ocean Avenue?
There are currently no comparable homes to 292 Ocean Avenue.
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