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Franklin Square 11003 Franklin Square
425 Evans Avenue
Photo of 425 Evans Avenue
Sold on Sep 5, 2023

34

Map

Photo of 425 Evans Avenue
Photo of 425 Evans Avenue
$760,000
● House - Off Market

425 Evans Avenue

Hempstead, NY 11003
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,515 Ft²
$700,381
RealtyHop Estimate
0.20%
Since Oct 1, 2023
NY-New York
Primary Model

About This Property

This charming single-family home is a wide-line Cape style, located in a convenient Elmont location close to transportation. With 4 to 5 bedrooms and 3 bathrooms, there's plenty of space for family and guests. The attached garage offers convenient parking and storage.  As you step inside, you'll notice the beautiful hardwood floors that flow throughout the home. The spacious eat-in kitchen is perfect for preparing meals and entertaining, the den boasts a cozy fireplace for chilly evenings. With gas heat and a stand-alone hot water heater, you'll stay comfortable year-round.  Whether you're relaxing with family or entertaining guests, this home offers plenty of room and comfort. Don't miss your chance to make it yours!
Unit Size
1,515 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$461
Property Type
House
Property Taxes
$1,032
HOA Dues
-
Year Built
1960

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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 #KEYL3473606)

Price History

Date / Event Date Event Price
Sep 5, 2023 Sold
Premium
Sold
Jul 7, 2023 In contract -
In contract
Jun 14, 2023 Relisted $699,000
Relisted
May 31, 2023 Relisted $699,000
Relisted
May 30, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,240
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,515
  • Gross Building Area: 1,515
  • Building Area: 1,515
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • Legal Description 1: TOWN #1 SCH DIST 016

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • Census Tract: 405400

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-029-00-0338
  • Block: 29
  • Lot: 338-343
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6964
  • Longitude: -73.6892

    Address

  • Full Address: 425 Evans Ave
  • Address - House Number: 425
  • Address - Street Name: Evans
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Elmont
  • Carrier Code: C028
  • 4-Digit Zip Code: 3309
  • Zip Code: 11003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,023,705
  • Tax Rate Code Area: 469

    Appraisal Valuation

  • Standard Deviation: 0.0925
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 91
  • Final Value: 681,637
  • High Value: 744,739
  • Low Value: 618,536

    Market Valuation

  • Market Total Value: $498,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498
  • Assessed Land Value: $272
  • Assessed Improvements Value: $226

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-55071
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 Franklin Square

Stats & Trends

Median Asking:

$829,000

Sale Price/ft²

$555

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1798 ft²

Average Home Age

72.9 years

Currently For Sale

42 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 1318 Post Avenue, Elmont, NY, 11003

$4,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,240 ft²
1318 Post Avenue, Elmont, NY, 11003 Listing by Claudia Alvarez
Unit for rent at 1016 Oaks Drive, Franklin Square, NY, 11010

$4,700 /mo

  • 5 Beds
  • 2 Baths
  • 2,026 ft²
1016 Oaks Drive, Franklin Square, NY, 11010 Listing by Rhonda B. Sadur

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 425 Evans Avenue built and last sold?
The property at 425 Evans Avenue was built in 1960 and last sold on Sep 5, 2023 for $760,000.
How much is this home worth?
The estimated value of the home located at 425 Evans Avenue is $718,987.
What are some comparable homes to 425 Evans Avenue?
There are currently no comparable homes to 425 Evans Avenue.
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