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South Valley Stream 11581 South Valley Stream
32 Fairview Avenue
Photo of 32 Fairview Avenue
Sold on Jun 27, 2023

36

Map

Photo of 32 Fairview Avenue
Photo of 32 Fairview Avenue
$799,000
● House - Off Market

32 Fairview Avenue

Hempstead, NY 11581
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,963 Ft²
$849,674
RealtyHop Estimate
1.76%
Since Jul 1, 2023
NY-New York
Primary Model

About This Property

Welcome Home To This Warm & Inviting, Well Maintained 3 Bedroom 2.5 Bath Extended Colonial On A Huge Oversized 100x100Sq Feet Park-Like Property! Perfectly Situated Mid-Block On A Quiet Street. This Loving Home's Main Level Features A Foyer, Formal Living Room W/ Woodburning Fireplace, Sitting Room, Full Bathroom, Large Extended Kitchen W/ Skylight & Newer Stainless Steel Appliances, Dining Area, Den/Office, And Sliders Leading To A Large Deck & Park-Like Fenced-In Private Backyard.  Perfect For Entertaining!  Upstairs Features An Oversized Extended Master Bedroom, 2 Additional Bedrooms & A Hallway Bathroom. Pull Down Stairs Leads To An Insulated Attic For Storage. Basement Is Finished With Cedar Wood & New Flooring Tiles - Contains Laundry/Utilities Room, Half Bath, Large Open Space, Storage Closets & Outside Entry. 2 Zone Heating, Gas Cooking & Heating. Central A/C W/ 4yr Old Compressor. New Sprinkler Control System. Low Taxes (Grievance Filed for 2024/2025).***Hewlett-Woodmere School District!, Additional information: Appearance:Very Good
Unit Size
1,963 Ft²
Days on Market
132 days
Land Size
0.23 acres
Price per sqft
$425
Property Type
House
Property Taxes
$1,555
HOA Dues
-
Year Built
1936

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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: 2 years ago (OneKey MLS #KEYL3458857)

Price History

Date / Event Date Event Price
Apr 4, 2023 In contract -
In contract
Mar 7, 2023 Relisted $835,000
Relisted
Mar 4, 2023 In contract -
In contract
Feb 15, 2023 Listed by EXP Realty $835,000
Listed by EXP Realty
Oct 25, 2002 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 24
  • 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: 195
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,963
  • Building Area: 1,963
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,963
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY STREAM LAWNS SECTION NO 1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 014

Neighborhood

  • School District Name: Hewlett-Woodmere Union Free School District
  • School Tax School District: 014
  • Census Tract: 410900

Geography

  • District: 282089
  • Section: 39
  • Parcel: 39-141-00-0016
  • Block: 141
  • Lot: 16-20
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.651
  • Longitude: -73.7172

    Address

  • Full Address: 32 Fairview Ave
  • Address - House Number: 32
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C053
  • 4-Digit Zip Code: 2811
  • Zip Code: 11581

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,866,536
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 843,544
  • High Value: 1,038,598
  • Low Value: 648,490

    Market Valuation

  • Market Total Value: $655,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $655
  • Assessed Land Value: $353
  • Assessed Improvements Value: $302

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-38395
  • Previous Sale Recording Date: Oct 25, 2002
  • Previous Sale Contract Date: Oct 09, 2002
  • Previous Sale Amount: $449,000
  • 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 South Valley Stream

Stats & Trends

Median Asking:

$959,000

Sale Price/ft²

$481

Below Asking

0.01%

Average Days on Market

105

Average Home Size

2634 ft²

Average Home Age

62.6 years

Currently For Sale

16 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 180 Elmwood Street, Valley Stream, NY, 11581

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,031 ft²
180 Elmwood Street, Valley Stream, NY, 11581 Listing by Troy M. Steinberg
Unit for rent at 13724 228th Street, Laurelton, NY, 11413

$3,395 - $3,658 /mo

  • 3 Beds
  • 1 Bath
  • 2,478 ft²
13724 228th Street, Laurelton, NY, 11413 Listing by James B. Reimers CBR
Unit for rent at 7 Jefferson Avenue, Valley Stream, NY, 11580

$3,700 /mo

  • 3 Beds
  • 1 Bath
  • 2,220 ft²
7 Jefferson Avenue #1, Valley Stream, NY, 11580 Listing by Karen Kingston

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 32 Fairview Avenue built and last sold?
The property at 32 Fairview Avenue was built in 1936 and last sold on Jun 27, 2023 for $799,000.
How much is this home worth?
The estimated value of the home located at 32 Fairview Avenue is $849,240.
What are some comparable homes to 32 Fairview Avenue?
There are currently no comparable homes to 32 Fairview Avenue.
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