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Elmont 11003 Elmont
418 3rd Street
$680,000
● House - Off Market

418 3rd Street

Elmont, NY 11003
bedrooms
5 Beds
bathrooms
3 Baths
$879,919
RealtyHop Estimate
28.46%
Since Feb 1, 2021
NY-New York
Primary Model

About This Property

A Complete Awe and head turner.Fully Renovated 5 bedroom and 3 full bathroom.Corner property on oversized lot.Custom Pavers in driveway and front yard perfect for entertaining.Custom kitchen with stainless steel appliances.Custom pvc fencing for a extra layer of privacy.No expense was spared during renovation.A must see!!Will not last!!Blocks from belmont park and minutes to cross island parkway and linden blvd.Close to shopping and 15 minutes from JFK airport. Taxes have never been grieved and star exemption has not been applied. Huge rooms. Separate entrance to lower level and basement.Great home will not last!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,123
HOA Dues
-
Year Built
1956

Payment Calculator

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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: 3 years ago (OneKey MLS #ONE3268620)

Price History

Date / Event Date Event Price
Mar 3, 2021 Sold
Premium
Sold
Jan 25, 2021 Sold
Premium
Sold
Nov 25, 2020 In contract -
In contract
Nov 11, 2020 Listed by Realty Connect USA LLC $685,000
Listed by Realty Connect USA LLC
Nov 11, 2020 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 294
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • Census Tract: 404901

Geography

  • District: 282089
  • Parcel: 32-412-00-0163
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7011
  • Longitude: -73.7204

    Address

  • Full Address: 418 3rd St
  • Address - House Number: 418
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Elmont
  • Carrier Code: C033
  • 4-Digit Zip Code: 2932
  • Zip Code: 11003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,286,808
  • Tax Rate Code Area: 435

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 720,363
  • High Value: 850,002
  • Low Value: 590,724

    Market Valuation

  • Market Total Value: $493,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493
  • Assessed Land Value: $251
  • Assessed Improvements Value: $242

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-026279
  • Previous Sale Recording Date: Jul 16, 2020
  • Previous Sale Contract Date: Jun 18, 2020
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 12

    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 Elmont

Stats & Trends

Median Asking:

$759,500

Sale Price/ft²

$543

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1655 ft²

Average Home Age

70.1 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

Unit for rent at 64 Dewitt Street, Valley Stream, NY, 11580

$5,999 /mo

  • 4 Beds
  • 2 Baths
  • 1,500 ft²
64 Dewitt Street, Valley Stream, NY, 11580 Listing by Faisal Rashid
Unit for rent at 72 Primrose Avenue, Floral Park, NY, 11001

$6,000 /mo

  • 4 Beds
  • 3 Baths
  • 1,476 ft²
72 Primrose Avenue, Floral Park, NY, 11001 Listing by Michelle M. Krapf

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 418 3rd Street built and last sold?
The property at 418 3rd Street was built in 1956 and last sold on Jan 25, 2021 for $680,000.
How much is this home worth?
The estimated value of the home located at 418 3rd Street is $0.
What are some comparable homes to 418 3rd Street?
There are currently no comparable homes to 418 3rd Street.
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