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Valley Stream 11581 Valley Stream
38 Orleans Road
Photo of 38 Orleans Road
Sold on Jul 21, 2025

43

Map

Photo of 38 Orleans Road
Photo of 38 Orleans Road
$782,000
● House - Off Market

38 Orleans Road

Hempstead, NY 11581
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$5,162
Est. Monthly
3.47%
Cap Rate

About This Property

Welcome to this beautifully maintained home on a quiet street in the heart of Valley Stream! With tall ceilings, abundant natural light, and an airy feel, this home offers both comfort and style. The exterior features updated siding and numerous updated windows, enhancing both efficiency and curb appeal. Enjoy year-round comfort with central air and significant electric savings thanks to owned solar panels.

Inside, the kitchen features elegant granite countertops and stainless steel appliances, perfect for cooking and entertaining. A versatile bonus room off the main living area offers endless possibilities-use it as a den, office, or playroom.

The home is complete with a long driveway leading to a one-car detached garage, providing ample parking. Don't miss this fantastic opportunity to own a move-in-ready home in a desirable neighborhood!
Unit Size
1,728 Ft²
Days on Market
146 days
Land Size
0.09 acres
Price per sqft
$449
Property Type
House
Property Taxes
$1,356
HOA Dues
-
Year Built
1930

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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: 2 years ago (OneKey MLS #KEY825494)

Price History

Date / Event Date Event Price
Jul 21, 2025 Sold
Premium
Sold
May 8, 2025 In contract -
In contract
Apr 13, 2025 In contract -
In contract
Feb 19, 2025 Listed by Howard Hanna Coach $775,000
Listed by Howard Hanna Coach
Nov 21, 2005 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 140
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 014

Neighborhood

  • School District Name: Hewlett-Woodmere Union Free School District
  • School Tax School District: 014
  • School Tax District Code 2: VS
  • Census Tract: 410700

Geography

  • District: 282035
  • Section: 39
  • Parcel: 39-059-00-0010
  • Block: 59
  • Lot: 10
  • Municipality: VALLEY STREAM
  • Latitude: 40.649
  • Longitude: -73.6962

    Address

  • Full Address: 38 Orleans Rd
  • Address - House Number: 38
  • Address - Street Name: Orleans
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C011
  • 4-Digit Zip Code: 3420
  • Zip Code: 11581

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,112,708
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 70
  • Final Value: 704,197
  • High Value: 854,616
  • Low Value: 553,777

    Market Valuation

  • Market Total Value: $474,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474
  • Assessed Land Value: $171
  • Assessed Improvements Value: $303

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2005
  • Current Sale Recording Date: Nov 21, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 11, 1999
  • Previous Sale Contract Date: Apr 23, 1999
  • Previous Sale Amount: $212,000
  • 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 Valley Stream

Stats & Trends

Median Asking:

$757,000

Sale Price/ft²

$525

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1554 ft²

Average Home Age

83.7 years

Currently For Sale

83 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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$3,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,771 ft²
20 Sylvester Place, Lynbrook, NY, 11563 Listing by Kevin Coons
Unit for rent at 161 Union Avenue, Lynbrook, NY, 11563

$3,750 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
161 Union Avenue #16, Lynbrook, NY, 11563 Listing by Crystin L. Quick SRS
Unit for rent at 108 Atlantic Avenue, Lynbrook, NY, 11563

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 948 ft²
108 Atlantic Avenue #37, Lynbrook, NY, 11563 Listing by Asya Bangiyeva

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 38 Orleans Road built and last sold?
The property at 38 Orleans Road was built in 1930 and last sold on Sep 15, 2005 for $487,000.
How much is this home worth?
The estimated value of the home located at 38 Orleans Road is $0.
What are some comparable homes to 38 Orleans Road?
There are currently no comparable homes to 38 Orleans Road.
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