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Franklin Square 11010 Franklin Square
32 Madison Avenue
Photo of 32 Madison Avenue
Sold on Apr 30, 2026

22

Map

Photo of 32 Madison Avenue
Photo of 32 Madison Avenue
$995,000
● House - Off Market

32 Madison Avenue

Hempstead, NY 11010
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,118 Ft²
$5,913
Est. Monthly

About This Property

Welcome to 32 Madison Avenue - A Large Hi-Ranch Home in the Heart of Franklin Square. Upper Level Features 3 Bedrooms with Ample Closet Space, Large Living Room with Bay Window Flows into Opened Dining Room Great For Entertaining, Nicely Maintained Eat-in-Kitchen with Dishwasher and Bathroom. Lower Level Features 2 Bedrooms, Family Room, Bathroom, and Convenient Outside Side Entrance. Full Basement with Utilities, Washer & Dryer, and Storage. Additional Features Include New Roof 2020, Large Fenced in Property, Walk-In Storage Pantry, Large Attached Garage with Additional Shelving Storage Space and Enclosed Driveway, Private Backyard with Pergola Area.  Conveniently Located Near Shops, Schools & Transportation.
Unit Size
2,118 Ft²
Days on Market
167 days
Land Size
0.12 acres
Price per sqft
$471
Property Type
House
Property Taxes
$1,012
HOA Dues
-
Year Built
1975

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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 #KEY935165)

Price History

Date / Event Date Event Price
Apr 30, 2026 Sold
Premium
Sold
Jan 6, 2026 In contract -
In contract
Nov 14, 2025 Listed by Douglas Elliman Real Estate $998,000
Listed by Douglas Elliman Real Estate
Jul 11, 2022 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 13
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,118
  • Gross Building Area: 2,118
  • Building Area: 2,118
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,118
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • Legal Description 1: LOTS 48-49,115 TOWN #1 SCH DIST 017

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405302

Geography

  • District: 282089
  • Section: 33
  • Parcel: 33-432-00-0048
  • Block: 432
  • Lot: 48
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7082
  • Longitude: -73.6731

    Address

  • Full Address: 32 Madison Ave
  • Address - House Number: 32
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C006
  • 4-Digit Zip Code: 3613
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,223,757
  • Tax Rate Code Area: 473

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 799,023
  • High Value: 927,962
  • Low Value: 670,083

    Market Valuation

  • Market Total Value: $633,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $633
  • Assessed Land Value: $276
  • Assessed Improvements Value: $357

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-73264
  • Previous Sale Recording Date: Jul 11, 2022
  • Previous Sale Contract Date: Apr 01, 2022
  • Previous Sale Amount: $257,585
  • Previous Sale Document Type: 12
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

1784 ft²

Average Home Age

72.8 years

Currently For Sale

41 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 1568 Madison Street, Elmont, NY, 11003

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1568 Madison Street, Elmont, NY, 11003 Listing by Kaiqiao Wang
Unit for rent at 28 E Fern Dr, Jericho, NY, 11753

$9,600 /mo

  • 5 Beds
  • 4 Baths
  • 4,000 ft²
28 E Fern Dr, Jericho, NY, 11753 Listing by Lina Shi RENE
Unit for rent at 111 Fulton Avenue, Garden City Park, NY, 11040

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,664 ft²
111 Fulton Avenue, Garden City Park, NY, 11040 Listing by Hong Guo

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 32 Madison Avenue built and last sold?
The property at 32 Madison Avenue was built in 1975 and last sold on Apr 1, 2022 for $257,585.
How much is this home worth?
The estimated value of the home located at 32 Madison Avenue is $1,007,980.
What are some comparable homes to 32 Madison Avenue?
There are currently no comparable homes to 32 Madison Avenue.
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