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East Meadow 11554 East Meadow
45 Rita Drive
$440,000
● House - Off Market

45 Rita Drive

Hempstead, NY 11554
bedrooms
3 Beds
bathrooms
1 Bath
$649,089
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Fabulous Ranch In East Meadow, Near Hospital And Turnpike For Transit. Large Living Room, Dining Area Adjacent To Kitchen, Mudroom With Side Entrance, Full Basement Ready To Be Finished (With Plumbing For Bath). Large Master, Two Add'l Bedrooms And Full Bath. Central Air And In-Ground Sprinkler System. Gas Line Nearby. Close To Shopping, Highways, Public Transportation, Hospital And Eisenhower Park. Fenced-In Yard With Off-Street Parking.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1951

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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: 6 months ago (OneKey MLS #KEYL3022036)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
Jul 2, 2018 Sold
Premium
Sold
Apr 19, 2018 Listed by Signature Premier Properties $429,000
Listed by Signature Premier Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • 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: 3
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,232
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,047
  • Building Area: 1,047
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,047
  • 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: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 003

Neighborhood

  • School District Name: East Meadow Union Free School District
  • School Tax School District: 003
  • Census Tract: 407801

Geography

  • District: 282089
  • Section: 45
  • Parcel: 45-479-00-0027
  • Block: 479
  • Lot: 27
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7266
  • Longitude: -73.5488

    Address

  • Full Address: 45 Rita Dr
  • Address - House Number: 45
  • Address - Street Name: Rita
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: East Meadow
  • Carrier Code: C002
  • 4-Digit Zip Code: 1326
  • Zip Code: 11554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $905,593
  • Tax Rate Code Area: 038

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 575,887
  • High Value: 678,653
  • Low Value: 473,121

    Market Valuation

  • Market Total Value: $435,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435
  • Assessed Land Value: $261
  • Assessed Improvements Value: $174

    Sales

  • Current Sale Contract Date: Jul 02, 2018
  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-074027
  • Previous Sale Recording Date: Jan 19, 2010
  • Previous Sale Contract Date: Dec 07, 2009
  • Previous Sale Document Type: 27

    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 East Meadow

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$505

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2073 ft²

Average Home Age

58.5 years

Currently For Sale

51 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 806 Oliver Avenue, Westbury, NY, 11590

$3,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,193 ft²
806 Oliver Avenue #1FLOORGARAGE, Westbury, NY, 11590 Listing by Young Ho Kim CCIM E-PRO PSA
Unit for rent at 71 Chimney Lane, Levittown, NY, 11756

$3,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,292 ft²
71 Chimney Lane, Levittown, NY, 11756 Listing by Lydia Li

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 45 Rita Drive built and last sold?
The property at 45 Rita Drive was built in 1951 and last sold on Jul 2, 2018 for $440,000.
How much is this home worth?
The estimated value of the home located at 45 Rita Drive is $433,290.
What are some comparable homes to 45 Rita Drive?
There are currently no comparable homes to 45 Rita Drive.
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