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New Hempstead 10977
5 Greenridge Way
Photo of 5 Greenridge Way
Sold on Jun 20, 2025

30

Map

Photo of 5 Greenridge Way
Photo of 5 Greenridge Way
$831,875
● House - Off Market

5 Greenridge Way

Ramapo, NY 10977
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,107 Ft²
$5,166
Est. Monthly
4.37%
Cap Rate

About This Property

Entertain & Live is this split-level home nestled on more than half an acre of level land.  You won't find a better place to make your own.  Uniquely located in New Hempstead village with walking access to many amenities and easy access to public transportation and all shopping.  Zoned 1R-25 One Family Residences in Village of New Hempstead.  Just minutes away from major routes to NYC and Westchester.  Closing Cost Concessions Considered.  Showings by appointment with 24 hour notice required.
Unit Size
2,107 Ft²
Days on Market
231 days
Land Size
0.58 acres
Price per sqft
$400
Property Type
House
Property Taxes
$1,031
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: 2 years ago (OneKey MLS #KEYH6326703)

Price History

Date / Event Date Event Price
Jun 20, 2025 Sold
Premium
Sold
Apr 3, 2025 In contract -
In contract
Feb 2, 2025 Price Decreased $841,900
↓ $8K (0.9%)
Price Decreased
Dec 10, 2024 Price Increased $849,900
↑ $25K (3%)
Price Increased
Nov 23, 2024 Relisted $825,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,107
  • Building Area: 2,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,107
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGVALE TERRACE SECTION 1
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 011510

Geography

  • Account Number: 00384850000
  • District: 392613
  • Section: 42.18
  • Parcel: 392613 42.18-2-48
  • Block: 2
  • Lot: 48.000
  • Municipality: NEW HEMPSTEAD
  • Latitude: 41.1422
  • Longitude: -74.0363

    Address

  • Full Address: 5 Greenridge Way
  • Address - House Number: 5
  • Address - Street Name: Greenridge
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C013
  • 4-Digit Zip Code: 1814
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,094,301
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 779,845
  • High Value: 945,430
  • Low Value: 614,261

    Market Valuation

  • Market Total Value: $50,200
  • Market Land Value: $17,000
  • Market Improvement Value: $33,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,200
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $33,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 1995
  • Current Sale Recording Date: Aug 25, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 950825221320
  • Previous Sale Recording Date: Aug 25, 1995
  • Previous Sale Contract Date: Aug 09, 1995
  • Previous Sale Amount: $166,900
  • 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 New Hempstead

Stats & Trends

Median Asking:

$970,000

Sale Price/ft²

$401

Below Asking

0.01%

Average Days on Market

108

Average Home Size

2375 ft²

Average Home Age

28.5 years

Currently For Sale

8 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 98 Pomona Rd, Suffern, NY, 10901

$4,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,830 ft²
98 Pomona Rd, Suffern, NY, 10901 Listing by Elimelech Goldstein
Unit for rent at 100 Williams Avenue, Spring Valley, NY, 10977

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,410 ft²
100 Williams Avenue, Spring Valley, NY, 10977 Listing by Charnie Guttmann

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 Greenridge Way built and last sold?
The property at 5 Greenridge Way was built in 1957 and last sold on Aug 11, 1995 for $168,000.
How much is this home worth?
The estimated value of the home located at 5 Greenridge Way is $0.
What are some comparable homes to 5 Greenridge Way?
There are currently no comparable homes to 5 Greenridge Way.
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