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Garden City South 11530 Garden City South
532 7th Street
Photo of 532 7th Street
Sold on Aug 28, 2025

20

Map

Photo of 532 7th Street
Photo of 532 7th Street
$812,000
● House - Off Market

532 7th Street

Hempstead, NY 11552
bedrooms
3 Beds
bathrooms
2 Baths
square feet
4,500 Ft²
$4,823
Est. Monthly
3.74%
Cap Rate

About This Property

Welcome to this delightful 3-bedroom, 2-bathroom Cape nestled in the sought-after Franklin Square School District. This inviting home offers a warm and functional layout perfect for both everyday living and entertaining.

From the formal dining room, you can step outside to a spacious, fenced-in backyard, ideal for gatherings, barbecues, or relaxing in your own private retreat. A  finished basement includes a dedicated gym space-perfect for staying active at home. Additional highlights include a 1-car garage and ample storage throughout.

Don't miss this opportunity to own a versatile, move-in ready home in a prime location close to schools (Washington Street School and H. Frank Carey Middle School & High School), shopping, and transportation!
Unit Size
4,500 Ft²
Days on Market
71 days
Land Size
0.10 acres
Price per sqft
$178
Property Type
House
Property Taxes
$894
HOA Dues
-
Year Built
1954

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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 #KEY875448)

Price History

Date / Event Date Event Price
Aug 28, 2025 Sold
Premium
Sold
Jul 18, 2025 In contract -
In contract
Jun 26, 2025 Price Decreased $799,999
↓ $69K (7.9%)
Price Decreased
Jun 16, 2025 Listed by FIRST FLAG Realty Inc $869,000
Listed by FIRST FLAG Realty Inc
Apr 22, 2004 Sold
Premium
Sold
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405800

Geography

  • District: 282089
  • Parcel: 33-503-00-0070
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7103
  • Longitude: -73.6587

    Address

  • Full Address: 532 7th St
  • Address - House Number: 532
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NY
  • City Name: West Hempstead
  • Carrier Code: C044
  • 4-Digit Zip Code: 1137
  • Zip Code: 11552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,163,606
  • Tax Rate Code Area: 475

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 737,314
  • High Value: 858,226
  • Low Value: 616,402

    Market Valuation

  • Market Total Value: $542,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542
  • Assessed Land Value: $271
  • Assessed Improvements Value: $271

    Sales

  • Current Sale Contract Date: Apr 05, 2004
  • Current Sale Recording Date: Apr 22, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 19, 2003
  • Previous Sale Contract Date: Jul 11, 2003
  • Previous Sale Amount: $350,000
  • 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 Garden City South

Stats & Trends

Median Asking:

$869,000

Sale Price/ft²

$565

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2147 ft²

Average Home Age

72.9 years

Currently For Sale

13 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 24 Harrison Avenue, Hempstead, NY, 11550

$3,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
24 Harrison Avenue, Hempstead, NY, 11550 Listing by Denise Kearse CBR E-PRO
Unit for rent at 345 Walton Street, West Hempstead, NY, 11552

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,100 ft²
345 Walton Street, West Hempstead, NY, 11552 Listing by Paul C. Drohan
Unit for rent at 111 7th Street, Garden City, NY, 11530

$3,900 /mo

  • 1 Bed
  • 1 Bath
  • 844 ft²
111 7th Street #309, Garden City, NY, 11530 Listing by Irene M. Blair

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 532 7th Street built and last sold?
The property at 532 7th Street was built in 1954 and last sold on Apr 5, 2004 for $380,000.
How much is this home worth?
The estimated value of the home located at 532 7th Street is $0.
What are some comparable homes to 532 7th Street?
There are currently no comparable homes to 532 7th Street.
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