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Long Beach 11561 The Canals
47 Kerrigan Street
$639,000
● House - Off Market

47 Kerrigan Street

Hempstead, NY 11561
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,023,654
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Mother/Daughter Set Up! Renovated Very Large Home in the Quiet Canal Section. 4 Bedrm Up w 2 Bedrm Lower Level w Sep Entrance. Ground Floor Handicapped Accessible. Near Beach, Surfing, Lirr, Park, Golf, Restaurants, Shopping. Reduced Taxes Expected $1000 See Attached. Low Flood Insurance! A Lot of House For The Money! Gas Cooking & Fireplace. Nice Yard Space. Off Street Parking for 2 Cars. 10 Min Stroll, Bike Ride or Drive to Beach. Just Move right in Just right on time for the Summer!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$280
Property Type
House
Property Taxes
$1,167
HOA Dues
-
Year Built
1949

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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 #KEYL3027164)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
Jul 4, 2019 No longer available -
No longer available
Jun 2, 2019 No longer available -
No longer available
May 22, 2019 In contract -
In contract
Mar 13, 2019 Price Decreased $698,900
↓ $100 (0%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,618
  • Lot Size Depth Feet: 540
  • Lot Size Frontage Feet: 670
  • Total Building Area: 2,182
  • Building Area: 2,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,182
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000083
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: LOTS 29,241,244 TOWN #5 SCH DIST 028

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • School Tax District Code 2: LB
  • Census Tract: 416801

Geography

  • District: 281000
  • Section: 59
  • Parcel: 59-216-00-0029
  • Block: 216
  • Lot: 29
  • Municipality: LONG BEACH UNINCORPORATED
  • Latitude: 40.592
  • Longitude: -73.6446

    Address

  • Full Address: 47 Kerrigan St
  • Address - House Number: 47
  • Address - Street Name: Kerrigan
  • Address - Suffix Type: St
  • State: NY
  • City Name: Long Beach
  • Carrier Code: C028
  • 4-Digit Zip Code: 2510
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $856,209
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 996

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 890,672
  • High Value: 1,059,749
  • Low Value: 721,595

    Market Valuation

  • Market Total Value: $609,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609
  • Assessed Land Value: $219
  • Assessed Improvements Value: $390

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019-096800
  • Previous Sale Recording Date: Aug 12, 2009
  • Previous Sale Contract Date: Aug 11, 2009
  • 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 The Canals

Stats & Trends

Median Asking:

$864,500

Sale Price/ft²

$522

Below Asking

0.01%

Average Days on Market

84

Average Home Size

2538 ft²

Average Home Age

51.4 years

Currently For Sale

7 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 455 E Park Avenue, Long Beach, NY, 11561

$9,000 /mo

  • 4 Beds
  • 3 Baths
  • 1,897 ft²
455 E Park Avenue, Long Beach, NY, 11561 Listing by Tamta Gigilashvili
Unit for rent at 72 Washington Avenue, Island Park, NY, 11558

$9,500 /mo

  • 6 Beds
  • 5 Baths
  • 3,536 ft²
72 Washington Avenue, Island Park, NY, 11558 Listing by Alyssia Perry

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 47 Kerrigan Street built and last sold?
The property at 47 Kerrigan Street was built in 1949 and last sold on Oct 24, 2019 for $639,000.
How much is this home worth?
The estimated value of the home located at 47 Kerrigan Street is $705,889.
What are some comparable homes to 47 Kerrigan Street?
There are currently no comparable homes to 47 Kerrigan Street.
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