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Valley Stream 11580 Valley Stream
49 Union Street
Photo of 49 Union Street
Sold on Oct 23, 2025

25

Map

Photo of 49 Union Street
Photo of 49 Union Street
$689,000
● House - Off Market

49 Union Street

Hempstead, NY 11580
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,350 Ft²
$4,581
Est. Monthly
5.75%
Cap Rate

About This Property

Charming and spacious home in the heart of Valley Stream! This beautifully laid out residence offers 4 bedrooms, including 2 conveniently located on the first floor along with a full bath. Enjoy a bright and inviting living room, and a large eat-in kitchen with an adjoining dining area that's ideal for everyday meals or entertaining. Upstairs, you'll find two additional generously sized bedrooms. The full unfinished basement-with an outside entrance-offers endless potential for storage, a home gym, or future living space. The property also features a private driveway and a one-car detached garage. Conveniently located near schools, parks, shopping, and transportation, this home is full of possibilities!
Unit Size
1,350 Ft²
Days on Market
158 days
Land Size
0.09 acres
Price per sqft
$518
Property Type
House
Property Taxes
$1,148
HOA Dues
-
Year Built
1938

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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: 13 months ago (OneKey MLS #KEY863958)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Premium
Sold
Aug 20, 2025 In contract -
In contract
May 18, 2025 Listed by Keller Williams Realty Greater $699,000
Listed by Keller Williams Realty Greater
Dec 14, 2011 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • 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: 4
  • Garage Square Area: 209
  • Parking Space Count: 1
  • Patio Type: 0
  • 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: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 6

    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 030

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 030
  • School Tax District Code 2: VS
  • Census Tract: 410400

Geography

  • District: 282035
  • Section: 37
  • Parcel: 37-362-00-0011
  • Block: 362
  • Lot: 11
  • Municipality: VALLEY STREAM
  • Latitude: 40.6678
  • Longitude: -73.7154

    Address

  • Full Address: 49 Union St
  • Address - House Number: 49
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C013
  • 4-Digit Zip Code: 5211
  • Zip Code: 11580

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $838,382
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 632,181
  • High Value: 748,695
  • Low Value: 515,668

    Market Valuation

  • Market Total Value: $451,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $451
  • Assessed Land Value: $169
  • Assessed Improvements Value: $282

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 2011
  • Current Sale Recording Date: Dec 14, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2011121401317
  • Previous Sale Recording Date: Jun 16, 1995
  • Previous Sale Contract Date: Jun 13, 1995
  • Previous Sale Document Type: 27
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 Valley Stream

Stats & Trends

Median Asking:

$759,000

Sale Price/ft²

$524

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1576 ft²

Average Home Age

83.1 years

Currently For Sale

86 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 257-30 149th Avenue, Rosedale, NY 11422

$4,500 /mo

  • 3 Beds
  • 1.5 Baths
257-30 149th Avenue #1, Rosedale, NY 11422 Listing by Amelie Boblin
Unit for rent at 28 Bank Street, Valley Stream, NY, 11580

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,330 ft²
28 Bank Street, Valley Stream, NY, 11580 Listing by Ahsan Raja
Unit for rent at 104 Ormonde Boulevard, Valley Stream, NY, 11580

$4,900 /mo

  • 3 Beds
  • 1 Bath
  • 997 ft²
104 Ormonde Boulevard #HOUSERENTAL, Valley Stream, NY, 11580 Listing by Lucien Saintfort

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 13 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 49 Union Street built and last sold?
The property at 49 Union Street was built in 1938 and last sold on Nov 25, 2011 for $268,180.
How much is this home worth?
The estimated value of the home located at 49 Union Street is $0.
What are some comparable homes to 49 Union Street?
There are currently no comparable homes to 49 Union Street.
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