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South Valley Stream 11581 South Valley Stream
48 Heatherfield Road
$615,000
● House - Off Market

48 Heatherfield Road

Hempstead, NY 11581
bedrooms
3 Beds
bathrooms
1 Bath
$633,532
RealtyHop Estimate
0.56%
Since Sep 1, 2023
NY-New York
Primary Model

About This Property

Location! Location! Location! If you have been waiting for your chance to buy in Mill Brook, Valley Stream, here it is! Lovely 3 bedroom, 1 bath ranch with a backyard deck and above ground pool. Finished basement with separate entrance. Solar panels too! Selling AS IS so you can customize the way YOU want. This one won't last!
Unit Size
-
Days on Market
118 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$950
HOA Dues
-
Year Built
1957

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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: 4 months ago (OneKey MLS #KEYL3474225)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jun 26, 2023 In contract -
In contract
Jun 22, 2023 Price Decreased $630,000
↓ $22K (3.4%)
Price Decreased
Jun 22, 2023 Relisted $652,000
Relisted
Jun 14, 2023 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • 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: 1,106
  • Building Area: 1,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,106
  • 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
  • Legal Description 1: TOWN #1 SCH DIST 030

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 030
  • Census Tract: 410900

Geography

  • District: 282089
  • Section: 39
  • Parcel: 39-524-00-0027
  • Block: 524
  • Lot: 27
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6561
  • Longitude: -73.7244

    Address

  • Full Address: 48 Heatherfield Rd
  • Address - House Number: 48
  • Address - Street Name: Heatherfield
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C041
  • 4-Digit Zip Code: 2314
  • Zip Code: 11581

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,129,980
  • Tax Rate Code Area: 318

    Appraisal Valuation

  • Standard Deviation: 0.0925
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 91
  • Final Value: 642,156
  • High Value: 701,603
  • Low Value: 582,709

    Market Valuation

  • Market Total Value: $463,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $463
  • Assessed Land Value: $217
  • Assessed Improvements Value: $246

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-53720
  • Previous Sale Recording Date: Sep 18, 2001
  • Previous Sale Contract Date: Aug 02, 2001
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 40
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 South Valley Stream

Stats & Trends

Median Asking:

$969,000

Sale Price/ft²

$478

Below Asking

0.01%

Average Days on Market

90

Average Home Size

2939 ft²

Average Home Age

55.4 years

Currently For Sale

14 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 867 Bryant Street, Woodmere, NY, 11598

$7,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,206 ft²
867 Bryant Street, Woodmere, NY, 11598 Listing by Lisa Scheininger
Unit for rent at 369 Island Avenue, Woodmere, NY, 11598

$6,800 /mo

  • 5 Beds
  • 2 Baths
  • 2,053 ft²
369 Island Avenue, Woodmere, NY, 11598 Listing by Ann Bienstock
Unit for rent at 797 Caldwell Avenue, North Woodmere, NY, 11581

$6,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,471 ft²
797 Caldwell Avenue, North Woodmere, NY, 11581 Listing by Judy Goldman

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 48 Heatherfield Road built and last sold?
The property at 48 Heatherfield Road was built in 1957 and last sold on Aug 28, 2023 for $615,000.
How much is this home worth?
The estimated value of the home located at 48 Heatherfield Road is $636,300.
What are some comparable homes to 48 Heatherfield Road?
There are currently no comparable homes to 48 Heatherfield Road.
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