by RH Advisors

Check Availability
$1,575,000
● House - For Sale

530 Oceanpoint Avenue

Hempstead, NY 11516
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,942 Ft²
$8,540
Est. Monthly

About This Property

PRIME CEDARHURST LOCATION! Fantastic opportunity to own a beautifully updated legal two-family home in the heart of Cedarhurst! Situated on an oversized 60' x 100' property, this versatile home is perfect for investors, end users looking to offset their mortgage with rental income, or those looking to convert into a spacious single-family residence.


Both apartments have been newly renovated and updated! The first-floor apartment features 2 bedrooms, 1 full bathroom, and a spacious living room. The second-floor apartment offers 3 bedrooms, 1 full bathroom, and a large living room. Additional features include a finished basement with a separate entrance and laundry room, plus a third floor.


Each apartment has its own gas, electric, and water meters, as well as separate boilers and hot water tanks, providing convenience and independent utilities. Enjoy a large backyard, long private driveway, and oversized garage.


The home offers 1,942 square feet of living space, not including the basement and third floor. An exceptional opportunity in a prime Cedarhurst location with tremendous flexibility and potential. Live in one unit and rent the other, enjoy a fully income-producing investment, or explore the possibility of converting into a large single-family home!
Unit Size
1,942 Ft²
Days on Market
3 days
Land Size
0.14 acres
Price per sqft
$811
Property Type
House
Property Taxes
$806
HOA Dues
-
Year Built
1932

Listed By

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Last updated: 2 days ago (OneKey MLS #KEY1072274)

Price History

Date / Event Date Event Price
Nov 10, 2026 Listed by Pin It Realty LLC $1,575,000
Listed by Pin It Realty LLC
Sep 6, 2012 Sold
Sold
Jun 6, 2012 Listed by Pin It Realty LLC $497,000
Listed by Pin It Realty LLC

Property Highlights

Garage
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Driveway, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Granite Counters, First Floor Bedroom, First Floor Full Bath, Washer/Dryer Hookup
Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
Rooms: 12
Basement: Finished, Walk-Out Access
Exterior Details
Square Footage: 1942
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Colonial
Year Built: 1932
Building Area Total: 1942
Building Area Units: Square Feet
Construction Materials: Stucco
Lot Size Area: 6000
Lot Size Units: Square Feet
Lot Size Acres: 0.1377
Lot Size Square Feet: 6000
Lot Size Dimensions: 60x100
Water Source: Public
Financial Details
Tax Annual Amount: $9,677
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • 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: 1,942
  • Gross Building Area: 1,942
  • Building Area: 1,942
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,942
  • 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: 1101
  • County Land Use Code: 2200
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: CED
  • Census Tract: 411200

Geography

  • District: 282003
  • Section: 39
  • Parcel: 39-296-00-0117
  • Block: 296
  • Lot: 117
  • Municipality: CEDARHURST
  • Latitude: 40.6304
  • Longitude: -73.7288

    Address

  • Full Address: 530 Oceanpoint Ave
  • Address - House Number: 530
  • Address - Street Name: Oceanpoint
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Cedarhurst
  • Carrier Code: C007
  • 4-Digit Zip Code: 1346
  • Zip Code: 11516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $772,514
  • Tax Rate Code Area: 204

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 894,573
  • High Value: 1,038,932
  • Low Value: 750,215

    Market Valuation

  • Market Total Value: $646,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $646
  • Assessed Land Value: $273
  • Assessed Improvements Value: $373

    Sales

  • Current Sale Contract Date: Aug 24, 2012
  • Current Sale Recording Date: Sep 06, 2012
  • Current Sale Price:
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2012090600701
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Five Towns


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Frequently Asked Questions

When was property at 530 Oceanpoint Avenue built and last sold?
The property at 530 Oceanpoint Avenue was built in 1932 and last sold on Aug 24, 2012 for $455,000.
How much is this home worth?
The estimated value of the home located at 530 Oceanpoint Avenue is $1,590,750.
What are some comparable homes to 530 Oceanpoint Avenue?
There are currently no comparable homes to 530 Oceanpoint Avenue.