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Malverne 11565 Malverne
43 Devon Street
Photo of 43 Devon Street
Sold on Oct 28, 2026

25

Map

Photo of 43 Devon Street
Photo of 43 Devon Street
$755,000
● House - Off Market

43 Devon Street

Hempstead, NY 11565
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,238 Ft²
$4,640
Est. Monthly

About This Property

Charming 1926 Cape Cod in the heart of Malverne! A welcoming front porch leads inside to a living room with a vaulted ceiling and wood-burning fireplace, flowing into a formal dining room adjoining a beautifully renovated galley-style kitchen with granite counters, stainless appliances, a double oven, and separate cooktop. The first floor also offers a renovated full bathroom and two bedrooms. Upstairs, a private primary suite features its own full bathroom and abundant closet space. Outside, enjoy a fully fenced yard complete with a gazebo, patio, and one-car garage. The partially finished basement includes a laundry room, gas boiler, water heater, and 200-amp electric panel.
Unit Size
1,238 Ft²
Days on Market
98 days
Land Size
0.09 acres
Price per sqft
$590
Property Type
House
Property Taxes
$1,055
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 9 days ago (OneKey MLS #KEY1027554)

Price History

Date / Event Date Event Price
Oct 28, 2026 Sold
Premium
Sold
Sep 1, 2026 In contract -
In contract
Jul 17, 2026 Listed by Daniel Gale Sothebys Intl Rlty $730,000
Listed by Daniel Gale Sothebys Intl Rlty
Mar 2, 2012 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • 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: 180
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,238
  • Building Area: 1,238
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,238
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 012

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: MAL
  • Census Tract: 410200

Geography

  • District: 282027
  • Section: 38
  • Parcel: 38-030-00-0313
  • Block: 30
  • Lot: 313-314
  • Municipality: MALVERNE
  • Latitude: 40.6682
  • Longitude: -73.664

    Address

  • Full Address: 43 Devon St
  • Address - House Number: 43
  • Address - Street Name: Devon
  • Address - Suffix Type: St
  • State: NY
  • City Name: Malverne
  • Carrier Code: C001
  • 4-Digit Zip Code: 2308
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $903,892
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 620,881
  • High Value: 721,073
  • Low Value: 520,688

    Market Valuation

  • Market Total Value: $451,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $451
  • Assessed Land Value: $165
  • Assessed Improvements Value: $286

    Sales

  • Current Sale Recording Date: Mar 02, 2012
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Mar 02, 2012
  • Previous Sale Contract Date: Feb 24, 2012
  • Previous Sale Amount: $225,000
  • 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 Malverne

Stats & Trends

Median Asking:

$789,000

Sale Price/ft²

$494

Above Asking

0.00%

Average Days on Market

95

Average Home Size

1824 ft²

Average Home Age

84 years

Currently For Sale

19 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 Freer Street, Lynbrook, NY, 11563

$2,770 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #411, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
Unit for rent at 134 Scranton Avenue, Lynbrook, NY, 11563

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,470 ft²
134 Scranton Avenue, Lynbrook, NY, 11563 Listing by Maria A. Mejia
Unit for rent at 185 Atlantic Ave, Lynbrook, NY, 11563

$2,850 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
185 Atlantic Ave #A4, Lynbrook, NY, 11563 Listing by Raymond Macygin

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 9 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 43 Devon Street built and last sold?
The property at 43 Devon Street was built in 1926 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 43 Devon Street is $729,789.
What are some comparable homes to 43 Devon Street?
There are currently no comparable homes to 43 Devon Street.
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