$975,000
●
Condo -
Off Market
402 Oceanfront Street #UPPER
Hempstead, NY 11561
3 Beds
3 Baths
2,800 Ft²
$1,336,737
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Rare opportunity to own a spectacular townhouse with 3 levels
on the beach! This unit features an open floor plan, approximately
2800 square feet of living space with 2 oceanfront and oceanview
decks.There are 3 large bedrooms, master has a private deck
overlooking the beach. There are 3 levels and a attic/loft that can
be expanded to make a 4th bedroom! There are custom banisters,
stone and wood floors, and breathtaking views! The lower level has
a storage/laundry room, private entrance, and a garage. Convenient
to LIRR, shopping and restaurants as well as the boardwalk and
beach. This unit boasts too much to list and is definitely a must
see!. Pets allowed and subletting also permitted. Look at virtual
tour!!, Additional information: Appearance:platinum
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$384
Property Type
Condo
Property Taxes
$1,170
HOA Dues
$525
Year Built
1997
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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 #KEYL3261516)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2020 | Listed by Realty Connect USA LLC | $1,075,000 | |
| Listed by Realty Connect USA LLC | |||
Property Highlights
Air Conditioning
Garage
Parking Available
With View
Parking Details
Has Garage
Parking Features: Attached, Off Site, Off Street, On Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, Walk-In Closet(s), Formal Dining
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Hardwood
Rooms: 7
Exterior Details
Square Footage: 2800
Security Features: Security System
Year Built: 1997
Waterfront Features: Beach Front, Ocean Front, Waterfront
Builder Model: Duplex-3 Br Oceanview
Levels: Multi/Split
Construction Materials: Stucco
Patio and Porch Features: Deck
Lot Features: Near Public Transit, Near Shops
Lot Size Area: 2819
Lot Size Units: Square Feet
Lot Size Acres: 0.065
Lot Size Square Feet: 2819
Lot Size Dimensions: 11x34
Tax Lot: 1
Water Source: Public
Financial Details
Tax Annual Amount: $14,039
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal, Trash, Grounds Care
HOA/Condo/Coop Amenities: Park, Trash
HOA Fee: $525
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/15/2020
|
3 Bed
|
3 Bath
|
2800 ft²
|
$1,075,000
3 Bed
3 Bath
2800 ft²
|
$975,000
-9.30%
03/23/2021
|
Dennis Weinberg
Realty Connect USA LLC
|
Building Info
About Westholme South
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017