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Elmont 11003 Elmont
331 Doherty Avenue
Photo of 331 Doherty Avenue
Sold on Apr 23, 2025

14

Map

Photo of 331 Doherty Avenue
Photo of 331 Doherty Avenue
$551,000
● House - Off Market

331 Doherty Avenue

Hempstead, NY 11003
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$3,758
Est. Monthly
5.38%
Cap Rate

About This Property

Location, Location! This location is so close to Manhattan, and it is not that far from the East End with many attractions in between. Elmont is a perfect place to call home.   With 3 Bedrooms, 1 Full Bath, and a Full unfinished basement, the possibilities are endless!  Just a little TLC is needed from the buyer of this property to make this house a home! A great investment. Come and see for yourself!
Unit Size
1,100 Ft²
Days on Market
54 days
Land Size
0.09 acres
Price per sqft
$545
Property Type
House
Property Taxes
$812
HOA Dues
-
Year Built
1928

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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 #KEY828617)

Price History

Date / Event Date Event Price
Apr 23, 2025 Sold
Premium
Sold
Mar 20, 2025 In contract -
In contract
Feb 26, 2025 Listed by Neighborhood Realty Store $599,999
Listed by Neighborhood Realty Store

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF VANDERVEER VILLA
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 016

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • Census Tract: 405200

Geography

  • District: 282089
  • Section: 32
  • Parcel: 32-507-00-0060
  • Block: 507
  • Lot: 60-61
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6995
  • Longitude: -73.6963

    Address

  • Full Address: 331 Doherty Ave
  • Address - House Number: 331
  • Address - Street Name: Doherty
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Elmont
  • Carrier Code: C023
  • 4-Digit Zip Code: 3051
  • Zip Code: 11003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $857,104
  • Tax Rate Code Area: 469

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 570,541
  • High Value: 662,610
  • Low Value: 478,472

    Market Valuation

  • Market Total Value: $378,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378
  • Assessed Land Value: $218
  • Assessed Improvements Value: $160

    Exemptions

  • Homeowner Exemption: Yes
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 Elmont

Stats & Trends

Median Asking:

$769,500

Sale Price/ft²

$543

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1781 ft²

Average Home Age

67.2 years

Currently For Sale

47 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 182 Lowell Avenue, Floral Park, NY, 11001

$3,800 /mo

  • 3 Beds
  • 1 Bath
182 Lowell Avenue #UPPER, Floral Park, NY, 11001 Listing by Lucy A. Brunelli
Unit for rent at 267 Plainfield Avenue, Floral Park, NY, 11001

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
267 Plainfield Avenue #1F, Floral Park, NY, 11001 Listing by Yu Nung Kuo
Unit for rent at 9320 243rd Street, Bellerose, NY, 11426

$3,395 - $3,658 /mo

  • 3 Beds
  • 2 Baths
  • 1,432 ft²
9320 243rd Street, Bellerose, NY, 11426 Listing by Stephanie Chang

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 331 Doherty Avenue built and last sold?
The property at 331 Doherty Avenue was built in 1928 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 331 Doherty Avenue is $0.
What are some comparable homes to 331 Doherty Avenue?
There are currently no comparable homes to 331 Doherty Avenue.
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