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Roosevelt 11575 Roosevelt
36 Gusto Lane
Photo of 36 Gusto Lane
Sold on Nov 17, 2025

31

Map

Photo of 36 Gusto Lane
Photo of 36 Gusto Lane
$610,000
● House - Off Market

36 Gusto Lane

Hempstead, NY 11575
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,523 Ft²
$3,506
Est. Monthly
10.37%
Cap Rate

About This Property

A great opportunity for an end user or investor! Perfect home for you to design and renovate just the way your lifestyle or family needs. Close drive to Roosevelt Field Mall, Eisenhower Park, Old Westbury Gardens, Long Island Sports Dome, House of Worship, Close to Meadowbrook State Pkwy.  Buyer Pays Transfer Tax. All Information Is deemed accurate but should be verified.
Unit Size
1,523 Ft²
Days on Market
84 days
Land Size
0.14 acres
Price per sqft
$360
Property Type
House
Property Taxes
$810
HOA Dues
-
Year Built
1954

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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: 12 months ago (OneKey MLS #KEY903657)

Price History

Date / Event Date Event Price
Nov 17, 2025 Sold
Premium
Sold
Oct 1, 2025 In contract -
In contract
Aug 25, 2025 Listed by Liberty Chateau Realty Inc $549,000
Listed by Liberty Chateau Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 305
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,523
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,523
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 008

Neighborhood

  • School District Name: Roosevelt Union Free School District
  • School Tax School District: 008
  • Census Tract: 414001

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-547-00-0022
  • Block: 547
  • Lot: 22
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.681
  • Longitude: -73.5779

    Address

  • Full Address: 36 Gusto Ln
  • Address - House Number: 36
  • Address - Street Name: Gusto
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Roosevelt
  • Carrier Code: C006
  • 4-Digit Zip Code: 1828
  • Zip Code: 11575

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $915,695
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 062

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 607,247
  • High Value: 712,928
  • Low Value: 501,566

    Market Valuation

  • Market Total Value: $359,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359
  • Assessed Land Value: $123
  • Assessed Improvements Value: $236
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 Roosevelt

Stats & Trends

Median Asking:

$671,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1222 ft²

Average Home Age

83.3 years

Currently For Sale

22 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 265 Randall Avenue, Freeport, NY, 11520

$5,300 /mo

  • 4 Beds
  • 1 Bath
  • 1,626 ft²
265 Randall Avenue, Freeport, NY, 11520 Listing by Nataly Fuentes
Unit for rent at 1002 Eglon Court, North Merrick, NY, 11566

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,632 ft²
1002 Eglon Court, North Merrick, NY, 11566 Listing by Stephen DeFranco
Unit for rent at 2607 Lindenmere Drive, Merrick, NY, 11566

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,500 ft²
2607 Lindenmere Drive, Merrick, NY, 11566 Listing by Yi Jiang

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 12 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 36 Gusto Lane built and last sold?
The property at 36 Gusto Lane was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 36 Gusto Lane is $556,928.
What are some comparable homes to 36 Gusto Lane?
There are currently no comparable homes to 36 Gusto Lane.
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