Overview

$428,000

20% Min Down

538 Beach 43rd Street

538 Beach 43rd Street, Far Rockaway, NY 11691

House in Edgemere

6 Bed | 3 Bath | 2,764 ft² | $155/ft² | 22.63% Cap Rate

Listed Dec 23rd, 2021 (30 days)
Seller Will Entertain All Offers Between $478,000 - $498,000. Right on Jamaica Bay This 6 Bedroom Home Has Lots of Potential. 1st Floor has Kitchen, Living rm, Dining rm, 3 Bedrooms, 2 Bathrooms & A Sitting rm. Large 2nd Floor W/ 3 Bedrooms, Full Bath, Living rm, Kitchenette- Perfect For mom! Laminate Hardwood Floors Throughout. 50 Ft in Water Rights-Can Build A Dock. 1 Car Detached Garage in Front of House, Fully Fenced Yard, Above Ground Pool.

The manager has listed the unit size as 2764 square feet.

Features & Amenities

Unit Amenities

  • Basement
  • Pool
  • Window Unit(S) A/C
  • Exterior: Vinyl Siding
  • Baseboard
  • Forced Air
  • Other
  • Driveway
  • View: Water

Building Policies

    Learn more about 538 Beach 43rd Street, Far Rockaway, NY 11691

    Listed By

    Joseph Lombardo

    Lombardo Homes & Estates

    5162006448

    History

    Date Event Price
    Jan 15, 2022 Price Decreased by -$70,000 (-14.1%) $428,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2022-01-15', 'event_type' => 'Price Decreased', 'event_source' => 'Public Record', 'event_value' => '$428,000', 'orig_value' => '498000', 'listing_id' => '17004841', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => NULL, 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '2764', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street/house/17004841', 'diff_amount' => '-$70,000', 'diff_pct' => -14.056224899598391, 'orig_diff_rows' => array ( 0 => array ( 'id' => '17004841', 'listing_id' => '17004841', 'created' => '2022-01-15 08:13:26', 'value_date' => '2022-01-15 08:13:26', 'key' => 'price', 'orig_value' => '498000', 'new_value' => '428000', 'unit' => '', 'street_address' => '538 Beach 43rd Street', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '2764', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Dec 23, 2021 Listed $498,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-12-23', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$498,000', 'orig_value' => NULL, 'listing_id' => '17004841', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => 'Far Rockaway, NY', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '2764', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street-far-rockaway-ny/house/17004841', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))
    Jun 4, 2021 Off Market -
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-06-04', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Off Market', 'orig_value' => NULL, 'listing_id' => '12376060', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => NULL, 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street/house/12376060', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12376060', 'listing_id' => '12376060', 'created' => '2021-06-04 07:40:20', 'value_date' => '2021-06-04 07:40:20', 'key' => 'listing_status', 'orig_value' => '2', 'new_value' => '3', 'unit' => '', 'street_address' => '538 Beach 43rd Street', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Mar 11, 2021 Price Decreased by -$1,000 (-0.2%) $474,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-03-11', 'event_type' => 'Price Decreased', 'event_source' => 'Public Record', 'event_value' => '$474,000', 'orig_value' => '475000', 'listing_id' => '12376060', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => NULL, 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street/house/12376060', 'diff_amount' => '-$1,000', 'diff_pct' => -0.21052631578947212, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12376060', 'listing_id' => '12376060', 'created' => '2021-03-11 08:01:48', 'value_date' => '2021-03-11 08:01:48', 'key' => 'price', 'orig_value' => '475000', 'new_value' => '474000', 'unit' => '', 'street_address' => '538 Beach 43rd Street', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Jan 11, 2021 Relisted -
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-01-11', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Relisted', 'orig_value' => NULL, 'listing_id' => '12376060', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => NULL, 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street/house/12376060', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12376060', 'listing_id' => '12376060', 'created' => '2021-01-11 16:02:58', 'value_date' => '2021-01-11 16:02:58', 'key' => 'listing_status', 'orig_value' => '3', 'new_value' => '2', 'unit' => '', 'street_address' => '538 Beach 43rd Street', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Jan 9, 2021 Off Market -
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-01-09', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Off Market', 'orig_value' => NULL, 'listing_id' => '12376060', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => NULL, 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street/house/12376060', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12376060', 'listing_id' => '12376060', 'created' => '2021-01-09 09:25:57', 'value_date' => '2021-01-09 09:25:57', 'key' => 'listing_status', 'orig_value' => '2', 'new_value' => '3', 'unit' => '', 'street_address' => '538 Beach 43rd Street', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Nov 8, 2020 Relisted -
    ListingHistoryRow::__set_state(array( 'event_date' => '2020-11-08', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Relisted', 'orig_value' => NULL, 'listing_id' => '12376060', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => NULL, 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street/house/12376060', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12376060', 'listing_id' => '12376060', 'created' => '2020-11-08 22:08:35', 'value_date' => '2020-11-08 22:08:35', 'key' => 'listing_status', 'orig_value' => '3', 'new_value' => '2', 'unit' => '', 'street_address' => '538 Beach 43rd Street', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Nov 6, 2020 Off Market -
    ListingHistoryRow::__set_state(array( 'event_date' => '2020-11-06', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Off Market', 'orig_value' => NULL, 'listing_id' => '12376060', 'unit' => '', 'building_id' => NULL, 'street_address' => '538 Beach 43rd Street', 'citystate' => NULL, 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', 'pretty_url' => 'https://www.realtyhop.com/building/538-beach-43rd-street/house/12376060', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12376060', 'listing_id' => '12376060', 'created' => '2020-11-06 09:20:07', 'value_date' => '2020-11-06 09:20:07', 'key' => 'listing_status', 'orig_value' => '2', 'new_value' => '3', 'unit' => '', 'street_address' => '538 Beach 43rd Street', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '6', 'bathrooms' => '3', 'square_feet' => '1868', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))

    Property Analysis

    Price Estimate

    $432,280

    HopScore Market Price

    $428,000

    Current Asking Price

    +$4,280

    Difference from Asking

    Cap Rate Analysis

    Operating Profit

    $96,844
    /

    Purchase Price

    $428,000
    =

    Cap Rate

    22.63%
    **

    * Actual income may vary between $6,600 and $9,900 depending on unit-specific characteristics.

    ** 100% occupancy is assumed. Leverage (mortgage) is not considered.

    Comparables

    Units for sale near 538 Beach 43rd Street

    Unit Br Ba ft² Closed Price
    Common Charges

    Units for rent near 538 Beach 43rd Street

    Unit Br Ba ft² Closed Price
    Common Charges

    Building Info

    Building at 538 Beach 43rd Street, Far Rockaway, NY 11691

    538 Beach 43rd Street

    538 Beach 43rd Street, Far Rockaway, NY 11691

    Built in 1920 | | 2 Stories

    Want to find out who owns 538 Beach 43rd Street, Far Rockaway, NY 11691? Get detailed property transactions here.

    Neighborhood

    Stats & Trends

    -

    Median Asking

    -

    Above Asking

    -

    Sale Price/ft²

    -

    Days on Market

    Transportation

    A

    at Beach 36th St 0.52 mi | 13 min walk

    Schools

    School Type Grades Distance
    Ps 105 Bay School (the) Elementary PK to 8 0.5 mi
    Academy of Medical Technology - a College Board School High School 6 to 12 0.59 mi
    Rockaway Collegiate High School High School 9 to 12 3.76 mi
    Rockaway Park High School for Environmental Sustainability High School 9 to 12 3.76 mi
    "Queens High School for Information Research and Technology High School 9 to 12 0.59 mi
    Frederick Douglass Academy Vi High School High School 9 to 12 0.59 mi
    School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

    Mortgage Payment Calculator

    $2,040

    Per Month
    When working with the calculator, please remember the dollar amounts displayed aren’t guaranteed, and what you actually pay may be different. The estimates you receive are for illustrative and educational purposes only.

    First-time homebuyers? Check out the RealtyHop Mortgage Center now.

    Inquire about this Property

    Contact A Local Real Estate Expert

    (646) 760-8802

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More

    Recent Transactions at 538 Beach 43rd Street

    Transaction history for 538 Beach 43rd Street

    Unit Br Ba ft² Listed Listing Agent Asking
    HOA + Tax
    Closed Closing Buyer(s)
    Unit - - - - - - - May 28, 2009 - City Of New York
    Unit - - - - - - - Mar 28, 2003 - Edwin Fernandez
    Patricia Fernandez
    Unit - - - - - - - Aug 21, 1981 - Edwin Fernandez
    Unit - - - - - - - Jun 4, 1981 - Edwin Fernandez
    Unit - - - - - - - Sep 12, 1974 - Thomas Strochansky
    Unit - - - - - - - Aug 7, 1969 - Lorraine Strochansky
    Thomas Strochansky

    Apartments for Sale at 538 Beach 43rd Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

    Apartments for Rent at 538 Beach 43rd Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

    Nearby Buildings

    Learn more about 538 Beach 43rd Street

    Building at 538 Beach 43rd Street, Far Rockaway, NY 11691

    Ask a Question

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More
    Nearby Addresses
    Popular Buildings