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Cedarhurst 11516 Cedarhurst
353 W Broadway
$565,000
● House - Off Market

353 W Broadway

Hempstead, NY 11516
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,033,255
RealtyHop Estimate
68.01%
Since Jun 1, 2014
NY-New York
Primary Model

About This Property

Spacious Colonial On Oversized Lot. Much Larger Than It Appears. Living Room And Master Bedroom With Fireplaces. Loads Of Potential. Deep Property With Large Deck.  Convenient Location In The Heart Of Cedarhurst. Possible Mother/Daughter With Permits., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$953
HOA Dues
-
Year Built
1958

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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 #KEYL2626025)

Price History

Date / Event Date Event Price
Jun 12, 2014 Sold
Premium
Sold
Oct 28, 2013 Listed by Pugatch Realty Corp $615,000
Listed by Pugatch Realty Corp

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 2
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 667
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 8,151
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,457
  • Building Area: 2,457
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,457
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: CED
  • Census Tract: 411200

Geography

  • District: 282003
  • Section: 39
  • Parcel: 39-345-00-0291
  • Block: 345
  • Lot: 291
  • Municipality: CEDARHURST
  • Latitude: 40.6245
  • Longitude: -73.7331

    Address

  • Full Address: 353 W Broadway
  • Address - House Number: 353
  • Street Direction: W
  • Address - Street Name: Broadway
  • State: NY
  • City Name: Cedarhurst
  • Carrier Code: C003
  • 4-Digit Zip Code: 1401
  • Zip Code: 11516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $998,042
  • Tax Rate Code Area: 204

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,137,092
  • High Value: 1,349,644
  • Low Value: 924,541

    Market Valuation

  • Market Total Value: $773,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $773
  • Assessed Land Value: $322
  • Assessed Improvements Value: $451

    Sales

  • Current Sale Contract Date: May 28, 2014
  • Current Sale Recording Date: Jun 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014061201421
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 Five Towns

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$559

Below Asking

0.02%

Average Days on Market

109

Average Home Size

3490 ft²

Average Home Age

71.2 years

Currently For Sale

154 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 363 Oak Avenue, Cedarhurst, NY, 11516

$10,000 /mo

  • 5 Beds
  • 3 Baths
  • 4,561 ft²
363 Oak Avenue, Cedarhurst, NY, 11516 Listing by Sarah Isaacs
Unit for rent at 797 Caldwell Avenue, North Woodmere, NY, 11581

$6,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,471 ft²
797 Caldwell Avenue, North Woodmere, NY, 11581 Listing by Judy Goldman
Unit for rent at 142 Mcglynn Place, Cedarhurst, NY, 11516

$3,195 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
142 Mcglynn Place #2NDFL, Cedarhurst, NY, 11516 Listing by Lori Schlesinger

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 353 West Broadway built and last sold?
The property at 353 West Broadway was built in 1958 and last sold on May 28, 2014 for $565,000.
How much is this home worth?
The estimated value of the home located at 353 West Broadway is $621,150.
What are some comparable homes to 353 West Broadway?
There are currently no comparable homes to 353 West Broadway.
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