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Franklin Square 11010 Franklin Square
295 Commonwealth Street
$649,000
● House - Off Market

295 Commonwealth Street

Hempstead, NY 11010
bedrooms
5 Beds
bathrooms
4 Baths
$1,029,406
RealtyHop Estimate
58.61%
Since Sep 1, 2016
NY-New York
Primary Model

About This Property

Amazing Renovated Colonial Home!  Like A Set For Pottery Barn, With Beautiful Architectural Details, Gracious Staircase And Open Floor Plan.  Stunning Living Room, Casual Dining, Open Kitchen, Cozy Den W Fireplace, Playroom/Br W Full Updated Bath.  Huge Mbr Suite, 2Brs W Hall Bath, Gorgeous Finished Basement W Bath., Additional information: Appearance:Diamond,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,354
HOA Dues
-
Year Built
1951

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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: 6 months ago (OneKey MLS #KEYL2853952)

Price History

Date / Event Date Event Price
Aug 10, 2016 Sold
Premium
Sold
May 19, 2016 Listed by Edna Mashaal Realty LLC $649,000
Listed by Edna Mashaal Realty LLC
Jul 1, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,053
  • Building Area: 2,053
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,053
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 405600

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-202-00-0040
  • Block: 202
  • Lot: 40
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6996
  • Longitude: -73.6693

    Address

  • Full Address: 295 Commonwealth St
  • Address - House Number: 295
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C022
  • 4-Digit Zip Code: 3415
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,591,051
  • Tax Rate Code Area: 475

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 912,842
  • High Value: 1,075,892
  • Low Value: 749,792

    Market Valuation

  • Market Total Value: $734,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $734
  • Assessed Land Value: $309
  • Assessed Improvements Value: $425

    Sales

  • Current Sale Contract Date: Jun 22, 2009
  • Current Sale Recording Date: Jul 01, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2009070100787
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

1773 ft²

Average Home Age

73.1 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 100 Hilton Avenue, Garden City, NY, 11530

$6,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,397 ft²
100 Hilton Avenue #806, Garden City, NY, 11530 Listing by Marianne Imperial
Unit for rent at 111 Cherry Valley Avenue, Garden City, NY, 11530

$7,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,533 ft²
111 Cherry Valley Avenue #420, Garden City, NY, 11530 Listing by Maureen L. Lagarde
Unit for rent at 148 Lincoln Street, Garden City, NY, 11530

$7,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,608 ft²
148 Lincoln Street, Garden City, NY, 11530 Listing by Patricia M. Aprigliano ABR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 295 Commonwealth Street built and last sold?
The property at 295 Commonwealth Street was built in 1951 and last sold on Jun 22, 2009 for $430,000.
How much is this home worth?
The estimated value of the home located at 295 Commonwealth Street is $655,490.
What are some comparable homes to 295 Commonwealth Street?
There are currently no comparable homes to 295 Commonwealth Street.
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