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Hempstead 11550 Hempstead
4 Morton Avenue
$375,000
● House - Off Market

4 Morton Avenue

Hempstead, NY 11550
bedrooms
4 Beds
bathrooms
2 Baths
$548,913
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Fully Renovated! Beautiful hardwood floors, new kitchen, 4 large bedrooms, 2 full bathrooms - LARGE basement with endless possibilities. Mud Room, Massive Garage, OSE entrance... Too many updates to list! Offering 5% seller concession for offers at the top of range
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,004
HOA Dues
-
Year Built
1956

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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: 5 months ago (OneKey MLS #KEYL3147321)

Price History

Date / Event Date Event Price
Dec 19, 2019 Sold
Premium
Sold
Nov 4, 2019 Sold
Premium
Sold
Aug 21, 2019 In contract -
In contract
Jul 17, 2019 No longer available -
No longer available
Jul 15, 2019 Listed by Fave Realty Inc $375,000
Listed by Fave Realty Inc
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 18

    Dimensions

  • Lot Size Square Feet: 5,640
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF HEMPSTEAD PLAZA
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 001

Neighborhood

  • School District Name: Hempstead Union Free School District
  • School Tax School District: 001
  • School Tax District Code 2: HEM
  • Census Tract: 406801

Geography

  • District: 282013
  • Section: 34
  • Parcel: 34-200-00-0452
  • Block: 200
  • Lot: 452-454
  • Municipality: HEMPSTEAD
  • Latitude: 40.7154
  • Longitude: -73.6252

    Address

  • Full Address: 4 Morton Ave
  • Address - House Number: 4
  • Address - Street Name: Morton
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C007
  • 4-Digit Zip Code: 1630
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $868,424
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 586,248
  • High Value: 700,590
  • Low Value: 471,906

    Market Valuation

  • Market Total Value: $347,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347
  • Assessed Land Value: $148
  • Assessed Improvements Value: $199

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-113005
  • Previous Sale Recording Date: Jan 29, 2018
  • Previous Sale Contract Date: Dec 22, 2017
  • Previous Sale Amount: $151,200
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Hempstead

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$425

Below Asking

0.01%

Average Days on Market

94

Average Home Size

1519 ft²

Average Home Age

81.1 years

Currently For Sale

60 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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$4,900 /mo

  • 1 Bed
  • 1 Bath
  • 1,155 ft²
101 Searing Avenue #410, Mineola, NY, 11501 Listing by Julia Krispeal
Unit for rent at 147 Main Street, Mineola, NY, 11501

$3,300 /mo

  • 1 Bed
  • 1 Bath
  • 1,100 ft²
147 Main Street #3B, Mineola, NY, 11501 Listing by Anthony Testa Jr
Unit for rent at 159 Harrison Avenue, Mineola, NY, 11501

$5,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,820 ft²
159 Harrison Avenue #C, Mineola, NY, 11501 Listing by Matthew Barroca

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Morton Avenue built and last sold?
The property at 4 Morton Avenue was built in 1956 and last sold on Oct 31, 2019 for $394,000.
How much is this home worth?
The estimated value of the home located at 4 Morton Avenue is $378,750.
What are some comparable homes to 4 Morton Avenue?
There are currently no comparable homes to 4 Morton Avenue.
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