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Searingtown 11507 Searingtown
5 Ridge Road
$730,000
● House - Off Market

5 Ridge Road

North Hempstead, NY 11507
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,986 Ft²
$1,626,545
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Home Has Been Reduced To $760,000...Come See The Fall Foliage, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
1,986 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$383
Property Type
House
Property Taxes
$1,171
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (OneKey MLS #KEYL2518910)

Price History

Date / Event Date Event Price
Jan 25, 2013 Sold
Premium
Sold
Aug 12, 2012 Listed by Coldwell Banker American Homes $760,000
Listed by Coldwell Banker American Homes

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,986
  • Building Area: 1,986
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,986
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 009

Neighborhood

  • School District Name: Herricks Union Free School District
  • School Tax School District: 009
  • Census Tract: 302300

Geography

  • District: 282289
  • Section: 7
  • Parcel: 07-152-00-0007
  • Block: 152
  • Lot: 7
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7768
  • Longitude: -73.6602

    Address

  • Full Address: 5 Ridge Rd
  • Address - House Number: 5
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Albertson
  • Carrier Code: C008
  • 4-Digit Zip Code: 1039
  • Zip Code: 11507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,796,279
  • Tax Rate Code Area: 837

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 1,194,421
  • High Value: 1,406,621
  • Low Value: 982,220

    Market Valuation

  • Market Total Value: $878,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $878
  • Assessed Land Value: $492
  • Assessed Improvements Value: $386

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2013
  • Current Sale Recording Date: Feb 06, 2013
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2013020600666
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 Greater Roslyn

Stats & Trends

Median Asking:

$1,610,500

Sale Price/ft²

$649

Below Asking

0.01%

Average Days on Market

94

Average Home Size

3113 ft²

Average Home Age

63.9 years

Currently For Sale

83 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 52 Syracuse Street, Williston Park, NY, 11596

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
52 Syracuse Street, Williston Park, NY, 11596 Listing by Lisa Feimer

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 Ridge Road built and last sold?
The property at 5 Ridge Road was built in 1949 and last sold on Jan 25, 2013 for $0.
How much is this home worth?
The estimated value of the home located at 5 Ridge Road is $800,034.
What are some comparable homes to 5 Ridge Road?
There are currently no comparable homes to 5 Ridge Road.
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