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Oceanside 11572 Oceanside
3472 Riverside Drive
$800,000
● House - Off Market

3472 Riverside Drive

Hempstead, NY 11572
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,149 Ft²
$5,355
Est. Monthly
5.08%
Cap Rate

About This Property

Spectacular Waterfront Oasis On One of Oceanside's Widest and Deepest Canals. 4 Bedrooms, 3 Full Bathrooms, Open Living Room, with Wood Burning Fireplace, Dining Room, Kitchen W/Large Island, Skylight and All Vaulted Ceilings, Large Master Bedroom En-suite with Large Bathroom, WIC. Downstairs 2 more Bedrooms and Family Room, Sliding Door Leading to Deck, Bulkhead and Dock. Fisherman's Sink, New Vinyl Fence. This Home is Truly a Waterfront Delight. Minutes to Open Bay and Reynolds Channel. Boat Lovers Dream....Taxes Without Star Program. Accessory Apt.With Proper Permits..., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
2,149 Ft²
Days on Market
268 days
Land Size
0.09 acres
Price per sqft
$379
Property Type
House
Property Taxes
$1,353
HOA Dues
-
Year Built
1998

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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 #KEYL3561540)

Price History

Date / Event Date Event Price
Mar 20, 2025 Sold
Premium
Sold
Feb 16, 2025 In contract -
In contract
Jan 10, 2025 In contract -
In contract
Jun 25, 2024 Listed by Signature Premier Properties $815,000
Listed by Signature Premier Properties
Sep 7, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • 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: 3
  • Basement Area: 965
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,149
  • Building Area: 2,149
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,149
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP #18 OF OCEANSIDE BRANCH
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 011

Neighborhood

  • School District Name: Oceanside Union Free School District
  • School Tax School District: 011
  • Census Tract: 413002

Geography

  • District: 282089
  • Section: 43
  • Parcel: 43-241-00-0067
  • Block: 241
  • Lot: 67-68
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6265
  • Longitude: -73.6566

    Address

  • Full Address: 3472 Riverside Dr
  • Address - House Number: 3472
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Oceanside
  • Carrier Code: C055
  • 4-Digit Zip Code: 3632
  • Zip Code: 11572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,465,186
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 129

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 837,562
  • High Value: 978,907
  • Low Value: 696,217

    Market Valuation

  • Market Total Value: $583,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $583
  • Assessed Land Value: $183
  • Assessed Improvements Value: $400

    Sales

  • Current Sale Contract Date: Aug 27, 1999
  • Current Sale Recording Date: Sep 07, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 199909070676
  • Previous Sale Recording Date: Jul 23, 1998
  • Previous Sale Contract Date: Jul 21, 1998
  • 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 Oceanside

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1898 ft²

Average Home Age

67.1 years

Currently For Sale

77 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 51 Ormond Street, Rockville Centre, NY, 11570

$5,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,537 ft²
51 Ormond Street, Rockville Centre, NY, 11570 Listing by Anne E. Donohoe
Unit for rent at 65 Lenox Avenue, Lynbrook, NY, 11563

$4,950 /mo

  • 3 Beds
  • 1 Bath
  • 2,443 ft²
65 Lenox Avenue, Lynbrook, NY, 11563 Listing by Leon Sanchez GRI

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 3472 Riverside Drive built and last sold?
The property at 3472 Riverside Drive was built in 1998 and last sold on Aug 27, 1999 for $344,000.
How much is this home worth?
The estimated value of the home located at 3472 Riverside Drive is $0.
What are some comparable homes to 3472 Riverside Drive?
There are currently no comparable homes to 3472 Riverside Drive.
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