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Roosevelt 11575 Roosevelt
31 Prospect Street
$300,000
● House - Off Market

31 Prospect Street

Hempstead, NY 11575
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,862 Ft²
$679,081
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Beautiful Colonial New Construction In Roosevelt! Open Foyer Kit Tile Floors Granite Counters Stainless Appliances Formal Dining Rm And Living Room Back Patio 4 Bedrooms 2 Full Baths Great Location  , Additional information: Appearance:New
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946

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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 #KEYL2484182)

Price History

Date / Event Date Event Price
Mar 21, 2013 Sold
Premium
Sold
Apr 6, 2012 Listed by S & J Property Management Corp $329,999
Listed by S & J Property Management Corp
Aug 8, 2003 Sold
Premium
Sold
Jan 4, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Total Rooms: 5
  • 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: 19
  • 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: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 917
  • Building Area: 917
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 917
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 008

Neighborhood

  • School District Name: Roosevelt Union Free School District
  • School Tax School District: 008
  • Census Tract: 414002

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-291-00-0295
  • Block: 291
  • Lot: 295-297
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6737
  • Longitude: -73.574

    Address

  • Full Address: 31 Prospect St
  • Address - House Number: 31
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NY
  • City Name: Roosevelt
  • Carrier Code: C008
  • 4-Digit Zip Code: 2422
  • Zip Code: 11575

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,827
  • Tax Rate Code Area: 062

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 463,804
  • High Value: 538,649
  • Low Value: 388,959

    Market Valuation

  • Market Total Value: $290,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290
  • Assessed Land Value: $152
  • Assessed Improvements Value: $138

    Sales

  • Current Sale Contract Date: Jul 22, 2003
  • Current Sale Recording Date: Aug 08, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 04, 2002
  • Previous Sale Contract Date: Dec 20, 2001
  • Previous Sale Amount: $115,000
  • Previous 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 Roosevelt

Stats & Trends

Median Asking:

$655,990

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

96

Average Home Size

1292 ft²

Average Home Age

82.8 years

Currently For Sale

24 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 55 Henry Street, Roosevelt, NY, 11575

$4,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,369 ft²
55 Henry Street, Roosevelt, NY, 11575 Listing by Isabella Jurado
Unit for rent at 650 Winthrop Drive, Uniondale, NY, 11553

$4,900 /mo

  • 3 Beds
  • 3 Baths
  • 1,300 ft²
650 Winthrop Drive, Uniondale, NY, 11553 Listing by Humayoun Shabbir

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 31 Prospect Street built and last sold?
The property at 31 Prospect Street was built in 1946 and last sold on Jul 22, 2003 for $247,000.
How much is this home worth?
The estimated value of the home located at 31 Prospect Street is $357,717.
What are some comparable homes to 31 Prospect Street?
There are currently no comparable homes to 31 Prospect Street.
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