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Hempstead 11550 Hempstead
40 Harold Avenue
Photo of 40 Harold Avenue
Sold on May 8, 2023

24

Map

Photo of 40 Harold Avenue
Photo of 40 Harold Avenue
$565,000
● House - Off Market

40 Harold Avenue

Hempstead, NY 11550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,150 Ft²
$554,264
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome to this beautiful three bedroom ranch, newly renovated with wood flooring throughout living, dining and bedrooms. Water proof Vinyl flooring in kitchen and basement.  White cabinets with a touch of gold, stainless steel appliances and skylight in eat in kitchen. Spa shower with multiple jets and another skylight in bathroom.  Basement is approximately 1000 sq.ft. with full bath, utility room.  Long driveway leading to a two car garage.  Near N35 bus at Baldwin Rd & Windsor. Close to Southern State Pkwy exit 20N.  Approximately Twenty mins to Queens.  Don't miss out, Additional information: Appearance:Mint
Unit Size
1,150 Ft²
Days on Market
58 days
Land Size
0.14 acres
Price per sqft
$478
Property Type
House
Property Taxes
$415
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: 2 years ago (OneKey MLS #KEYL3463548)

Price History

Date / Event Date Event Price
May 8, 2023 Sold
Premium
Sold
Mar 12, 2023 In contract -
In contract
Mar 9, 2023 Listed by Cato Realty Inc $550,000
Listed by Cato Realty Inc
Jan 2, 2023 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • 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: 4
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,940
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,150
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 002

Neighborhood

  • School District Name: Uniondale Union Free School District
  • School Tax School District: 002
  • School Tax District Code 2: HEM
  • Census Tract: 407102

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-258-00-0221
  • Block: 258
  • Lot: 221
  • Municipality: HEMPSTEAD
  • Latitude: 40.6923
  • Longitude: -73.6118

    Address

  • Full Address: 40 Harold Ave
  • Address - House Number: 40
  • Address - Street Name: Harold
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C024
  • 4-Digit Zip Code: 7119
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,267
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 540,488
  • High Value: 590,940
  • Low Value: 490,036

    Market Valuation

  • Market Total Value: $376,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376
  • Assessed Land Value: $147
  • Assessed Improvements Value: $229

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-00027734
  • Previous Sale Recording Date: Jan 02, 2023
  • Previous Sale Contract Date: Dec 19, 2022
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 12
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

95

Average Home Size

1464 ft²

Average Home Age

82.4 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

Unit for rent at 5 Tyler Avenue, Hempstead, NY, 11550

$3,700 /mo

  • 3 Beds
  • 1 Bath
  • 2,125 ft²
5 Tyler Avenue, Hempstead, NY, 11550 Listing by Jerome Jones
Unit for rent at 21 W Centennial Ave, Roosevelt, NY, 11575

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,176 ft²
21 W Centennial Ave, Roosevelt, NY, 11575 Listing by Ahdehroh Lambert Mortimore
Unit for rent at 76 Robinwood Avenue, Hempstead, NY, 11550

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 686 ft²
76 Robinwood Avenue, Hempstead, NY, 11550 Listing by Clara Valderrama

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 40 Harold Avenue built and last sold?
The property at 40 Harold Avenue was built in 1954 and last sold on May 8, 2023 for $580,000.
How much is this home worth?
The estimated value of the home located at 40 Harold Avenue is $555,500.
What are some comparable homes to 40 Harold Avenue?
There are currently no comparable homes to 40 Harold Avenue.
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