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Cedarhurst 11516 Cedarhurst
367 Summit Avenue
Photo of 367 Summit Avenue

26

Map

Photo of 367 Summit Avenue
Photo of 367 Summit Avenue
$1,526,000
● House - For Sale

367 Summit Avenue

Hempstead, NY 11516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,372 Ft²
$8,133
Est. Monthly

About This Property

Welcome to this remodeled Cape Cod Strategically Located In The Heart of Cedarhurst.
This Bright Charming Home Boasts: Entry, Foyer, Living Room, Dining Room, Primary Bedroom, Office, Full Bath, Second Bedroom, Large Dining Room & Living Room Overlooking Patio and Barbecue Area, Totally Renovated Kitchen with 2 sinks & Stainless Steel Appliances.
Second Floor: Oversized Third Bedroom With Full Bath. Closets Galore.
The Lower Level Features: Laundry Room, Very Spacious Den/Playroom, Nice Size Bedroom For Guests, Plenty of Storage & Separate Entrance. New Piping, New Roof, New Facade & New Driveway. Nice Size Backyard On The Right Side of The Property. Near Shops, Restaurants & LIRR. Lawrence Public Schools. A Place To Call Home.
Unit Size
1,372 Ft²
Days on Market
97 days
Land Size
0.12 acres
Price per sqft
$1,112
Property Type
House
Property Taxes
$639
HOA Dues
-
Year Built
1918

Listed By

Lise Elgressy
[email protected]
La Vie En Rose Living LLC

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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: 28 days ago (OneKey MLS #KEY1016485)

Price History

Date / Event Date Event Price
Jun 21, 2026 Listed by La Vie En Rose Living LLC $1,526,000
Listed by La Vie En Rose Living LLC
Jan 3, 2003 Sold
Premium
Sold
Aug 2, 2002 Sold
Premium
Sold

Property Highlights

Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 4
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Entrance Foyer, Natural Woodwork, Pantry, Master Downstairs, Storage, First Floor Bedroom, First Floor Full Bath, Formal Dining, Quartz/Quartzite Counters, Walk Through Kitchen
Appliances: Convection Oven, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Freezer, Gas Cooktop, Gas Oven, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
Flooring Type: Hardwood
Rooms: 8
Basement: Finished, Storage Space, Walk-Out Access
Exterior Details
Square Footage: 1372
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Cape Cod
Year Built: 1918
Building Area Total: 1372
Building Area Units: Square Feet
Construction Materials: Stone, Advanced Framing Technique
Lot Size Area: 5074
Lot Size Units: Square Feet
Lot Size Acres: 0.1165
Lot Size Square Feet: 5074
Water Source: Public
Financial Details
Tax Assessed Value: $546
Tax Annual Amount: $7,671
Utilities Details
Cooling Type: Multi Units
Heating Type: Natural Gas
Sewer : Other

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,074
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: 39-424-00-0031
  • Block: 424
  • Lot: 31
  • Municipality: CEDARHURST
  • Latitude: 40.6212
  • Longitude: -73.7295

    Address

  • Full Address: 367 Summit Ave
  • Address - House Number: 367
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Cedarhurst
  • Carrier Code: C010
  • 4-Digit Zip Code: 1819
  • Zip Code: 11516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $787,662
  • Tax Rate Code Area: 204

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 791,058
  • High Value: 918,712
  • Low Value: 663,404

    Market Valuation

  • Market Total Value: $578,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578
  • Assessed Land Value: $283
  • Assessed Improvements Value: $295

    Sales

  • Current Sale Contract Date: Dec 19, 2002
  • Current Sale Recording Date: Jan 03, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 02, 2002
  • Previous Sale Contract Date: Jul 16, 2002
  • Previous Sale Amount: $273,500
  • 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 Five Towns

Stats & Trends

Median Asking:

$1,193,500

Sale Price/ft²

$554

Below Asking

0.02%

Average Days on Market

98

Average Home Size

3746 ft²

Average Home Age

68.1 years

Currently For Sale

135 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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$10,000 /mo

  • 2 Beds
  • 2 Baths
129 Flamingo Street, Atlantic Beach, NY, 11509 Listing by Dilara Senturk
Unit for rent at 301 Linwood Avenue, Cedarhurst, NY, 11516

$8,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,880 ft²
301 Linwood Avenue, Cedarhurst, NY, 11516 Listing by Sarah Roberg
Unit for rent at 867 Bryant Street, Woodmere, NY, 11598

$7,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,206 ft²
867 Bryant Street, Woodmere, NY, 11598 Listing by Lisa Scheininger

Rentals Near You

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OneKey

Last Updated: 28 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 367 Summit Avenue built and last sold?
The property at 367 Summit Avenue was built in 1918 and last sold on Dec 19, 2002 for $345,000.
How much is this home worth?
The estimated value of the home located at 367 Summit Avenue is $1,509,115.
What are some comparable homes to 367 Summit Avenue?
There are currently no comparable homes to 367 Summit Avenue.
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