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New Hempstead 10977
4 Fairway Oval
$975,000
● House - Off Market

4 Fairway Oval

Ramapo, NY 10977
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,088 Ft²
$5,390
Est. Monthly
5.17%
Cap Rate

About This Property

Updated and well-maintained high ranch on a quiet street with no through traffic. Stone countertops in the eat-in kitchen, open concept to the dining room and living room. All updated windows, roof, and new bathroom. Nice and large flat park-like property. On the main floor, you have a living room, dining room, eat-in kitchen, deck, 3 bedrooms with the en-suite master, and another full bathroom. On the lower level, the 4th bedroom, a large living space with a fireplace, bathroom and laundry room, and a 2 car garage. Low Taxes! Additional Information:  Amenities:Storage,ParkingFeatures:2 Car Attached,
Unit Size
2,088 Ft²
Days on Market
207 days
Land Size
0.52 acres
Price per sqft
$431
Property Type
House
Property Taxes
$970
HOA Dues
-
Year Built
1971

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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: 6 months ago (OneKey MLS #KEYH6318961)

Price History

Date / Event Date Event Price
Feb 13, 2025 Sold
Premium
Sold
Nov 17, 2024 In contract -
In contract
Nov 14, 2024 No longer available -
No longer available
Aug 28, 2024 In contract -
In contract
Jul 26, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 690
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,290
  • Total Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 011510

Zoning

  • Zoning: 2

Geography

  • Account Number: 00384630000
  • District: 392613
  • Section: 42.13
  • Parcel: 392613 42.13-2-63
  • Block: 2
  • Lot: 63.000
  • Municipality: NEW HEMPSTEAD
  • Latitude: 41.1476
  • Longitude: -74.0528

    Address

  • Full Address: 4 Fairway Oval
  • Address - House Number: 4
  • Address - Street Name: Fairway
  • Address - Suffix Type: Oval
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C012
  • 4-Digit Zip Code: 1723
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,238,174
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 806,964
  • High Value: 983,991
  • Low Value: 629,936

    Market Valuation

  • Market Total Value: $56,800
  • Market Land Value: $20,000
  • Market Improvement Value: $36,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,800
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $36,800

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 New Hempstead

Stats & Trends

Median Asking:

$970,000

Sale Price/ft²

$401

Below Asking

0.01%

Average Days on Market

108

Average Home Size

2375 ft²

Average Home Age

28.5 years

Currently For Sale

8 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 109 Pomona Road, Pomona, NY, 10970

$4,950 /mo

  • 5 Beds
  • 3 Baths
  • 1,944 ft²
109 Pomona Road, Pomona, NY, 10970 Listing by William Philip

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Fairway Oval built and last sold?
The property at 4 Fairway Oval was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Fairway Oval is $0.
What are some comparable homes to 4 Fairway Oval?
There are currently no comparable homes to 4 Fairway Oval.
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