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Oceanside 11572 Oceanside
520 Farrington Road
$595,000
● House - Off Market

520 Farrington Road

Hempstead, NY 11572
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,323 Ft²
$4,167
Est. Monthly
10.21%
Cap Rate

About This Property

Charming Old-Style Home with Spacious Living Areas. This beautiful old-style home features 5 bedrooms and 1 full bath. The full, finished basement offers additional living or storage space, while the one-car attached garage provides convenient access directly into the house. Enjoy outdoor living on a large deck with an awning, overlooking an enormous backyard with plenty of room for a pool! Indoors, you'll find a large living room, a formal dining room, and an eat-in kitchen-all filled with natural light. Situated on a lovely street, this home combines classic charm with functional living spaces. Don't miss out on this very unique opportunity! Will not last.
Unit Size
1,323 Ft²
Days on Market
96 days
Land Size
0.24 acres
Price per sqft
$491
Property Type
House
Property Taxes
$980
HOA Dues
-
Year Built
1926

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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: 5 months ago (OneKey MLS #KEYL3590610)

Price History

Date / Event Date Event Price
Mar 6, 2025 Sold
Premium
Sold
Jan 10, 2025 In contract -
In contract
Dec 16, 2024 Price Decreased $649,000
↓ $40K (5.8%)
Price Decreased
Nov 12, 2024 Listed by BERKSHIRE HATHAWAY $689,000
Listed by BERKSHIRE HATHAWAY

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,275
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,323
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 011

Neighborhood

  • School District Name: Oceanside Union Free School District
  • School Tax School District: 011
  • Census Tract: 413001

Geography

  • District: 282089
  • Section: 38
  • Parcel: 38-411-00-0003
  • Block: 411
  • Lot: 3
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6461
  • Longitude: -73.6507

    Address

  • Full Address: 520 Farrington Rd
  • Address - House Number: 520
  • Address - Street Name: Farrington
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Oceanside
  • Carrier Code: C035
  • 4-Digit Zip Code: 1119
  • Zip Code: 11572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $777,050
  • Tax Rate Code Area: 129

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 617,181
  • High Value: 716,776
  • Low Value: 517,585

    Market Valuation

  • Market Total Value: $454,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454
  • Assessed Land Value: $250
  • Assessed Improvements Value: $204

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Oceanside

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1907 ft²

Average Home Age

67.6 years

Currently For Sale

78 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 169 Mott Street, Oceanside, NY, 11572

$6,900 /mo

  • 4 Beds
  • 2 Baths
  • 2,906 ft²
169 Mott Street, Oceanside, NY, 11572 Listing by Jimmy Amram

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 520 Farrington Road built and last sold?
The property at 520 Farrington Road was built in 1926 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 520 Farrington Road is $0.
What are some comparable homes to 520 Farrington Road?
There are currently no comparable homes to 520 Farrington Road.
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