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East Meadow 11554 East Meadow
357 Gates Avenue
Photo of 357 Gates Avenue
Sold on Oct 20, 2026

26

Map

Photo of 357 Gates Avenue
Photo of 357 Gates Avenue
$910,000
● House - Off Market

357 Gates Avenue

Hempstead, NY 11554
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,550 Ft²
$5,863
Est. Monthly

About This Property

_
Unit Size
1,550 Ft²
Days on Market
197 days
Land Size
0.14 acres
Price per sqft
$618
Property Type
House
Property Taxes
$1,158
HOA Dues
-
Year Built
1953

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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: 22 days ago (OneKey MLS #KEY981340)

Price History

Date / Event Date Event Price
Oct 20, 2026 Sold
Premium
Sold
Aug 15, 2026 In contract -
In contract
Apr 6, 2026 Listed by E Realty International Corp $958,000
Listed by E Realty International Corp
May 14, 2020 Sold
Premium
Sold
Mar 6, 2020 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 160
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF GOLD STREAM GARDENS
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 003

Neighborhood

  • School District Name: East Meadow Union Free School District
  • School Tax School District: 003
  • Census Tract: 408000

Geography

  • District: 282089
  • Section: 50
  • Parcel: 50-059-00-0062
  • Block: 59
  • Lot: 62-64
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7139
  • Longitude: -73.5719

    Address

  • Full Address: 357 Gates Ave
  • Address - House Number: 357
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: East Meadow
  • Carrier Code: C014
  • 4-Digit Zip Code: 2305
  • Zip Code: 11554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,269,524
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 038

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 785,283
  • High Value: 923,899
  • Low Value: 646,666

    Market Valuation

  • Market Total Value: $579,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579
  • Assessed Land Value: $257
  • Assessed Improvements Value: $322

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: Jun 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-046185
  • Previous Sale Recording Date: Aug 05, 2015
  • Previous Sale Contract Date: Jul 30, 2015
  • Previous Sale Amount: $509,000
  • 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 East Meadow

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$505

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2134 ft²

Average Home Age

53.2 years

Currently For Sale

48 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 396 Chestnut Avenue, East Meadow, NY, 11554

$8,000 /mo

  • 6 Beds
  • 3 Baths
  • 2,492 ft²
396 Chestnut Avenue, East Meadow, NY, 11554 Listing by Feng Zhan
Unit for rent at 168 Lenox Avenue, Uniondale, NY, 11553

$5,900 /mo

  • 5 Beds
  • 2 Baths
  • 1,837 ft²
168 Lenox Avenue, Uniondale, NY, 11553 Listing by Meiling Wang
Unit for rent at 1539 Park Avenue, Merrick, NY, 11566

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,386 ft²
1539 Park Avenue, Merrick, NY, 11566 Listing by Lisa J. DeTurris

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 22 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 357 Gates Avenue built and last sold?
The property at 357 Gates Avenue was built in 1953 and last sold on May 14, 2020 for $730,000.
How much is this home worth?
The estimated value of the home located at 357 Gates Avenue is $967,580.
What are some comparable homes to 357 Gates Avenue?
There are currently no comparable homes to 357 Gates Avenue.
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