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Oceanside 11572 Oceanside
3312 5th Street
$234,414
● House - Off Market

3312 5th Street

Hempstead, NY 11572
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,178 Ft²
$433,871
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Cape Style Home, Sold As-Is", Needs Work No Co For Extension,  Short Sale Under Contract - Pending Bank Approval, Additional information: Appearance:Fair
Unit Size
1,178 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$204
Property Type
House
Property Taxes
$548
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: 5 months ago (OneKey MLS #KEYL2607364)

Price History

Date / Event Date Event Price
Sep 29, 2015 Sold
Premium
Sold
May 6, 2015 Sold
Premium
Sold
Aug 13, 2013 Listed by Douglas Elliman Real Estate $240,000
Listed by Douglas Elliman Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • 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: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 294
  • 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: 1,394
  • Building Area: 1,394
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,394
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MIRAMAR SECTION 2
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100

Neighborhood

  • School District Name: Oceanside Union Free School District
  • School Tax School District: 011
  • Census Tract: 413300

Geography

  • District: 282089
  • Parcel: 43-358-00-0043
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6305
  • Longitude: -73.6403

    Address

  • Full Address: 3312 5th St
  • Address - House Number: 3312
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Oceanside
  • Carrier Code: C056
  • 4-Digit Zip Code: 5116
  • Zip Code: 11572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,170,923
  • Tax Rate Code Area: 129

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 593,117
  • High Value: 697,995
  • Low Value: 488,239

    Market Valuation

  • Market Total Value: $432,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432
  • Assessed Land Value: $178
  • Assessed Improvements Value: $254

    Sales

  • Current Sale Contract Date: Aug 26, 2015
  • Current Sale Recording Date: Sep 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201500000688
  • Previous Sale Recording Date: May 06, 2015
  • Previous Sale Contract Date: Apr 28, 2015
  • Previous Sale Amount: $225,000
  • 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 Oceanside

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$455

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1945 ft²

Average Home Age

67.7 years

Currently For Sale

76 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3312 5th Street built and last sold?
The property at 3312 5th Street was built in 1951 and last sold on Aug 26, 2015 for $335,000.
How much is this home worth?
The estimated value of the home located at 3312 5th Street is $0.
What are some comparable homes to 3312 5th Street?
There are currently no comparable homes to 3312 5th Street.
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