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Roosevelt 11575 Roosevelt
54 Madison Avenue
$570,000
● House - Off Market

54 Madison Avenue

Hempstead, NY 11575
bedrooms
4 Beds
bathrooms
2 Baths
$596,772
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to this 4 bedroom, 2 full bath home that is renovated, Just a 10-min drive to Jones Beach! Close to everything and minutes away from LIRR . Full basement, Two car detached garage New Bathrooms, New Kitchen, New Electrical Service, Hardwood floors,Vinyl floors, home is newly painted and so much more!  Come and see for yourself and fall in love today., Additional information: Appearance:MINT
Unit Size
-
Days on Market
129 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
1933

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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: 6 months ago (OneKey MLS #KEYL3482156)

Price History

Date / Event Date Event Price
Oct 10, 2023 Sold
Premium
Sold
Jul 7, 2023 In contract -
In contract
Jun 1, 2023 Listed by Found It LLC $599,000
Listed by Found It LLC
May 19, 2023 No longer available -
No longer available
Feb 2, 2023 Listed by Found It LLC $599,000
Listed by Found It LLC
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 12
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 24
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,222
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF FREEPORT HEIGHTS
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: LOTS 1490-1491 TOWN #1 SCH DIST 008

Neighborhood

  • School District Name: Roosevelt Union Free School District
  • School Tax School District: 008
  • Census Tract: 414002

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-286-00-1490
  • Block: 286
  • Lot: 1490
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6714
  • Longitude: -73.5772

    Address

  • Full Address: 54 Madison Ave
  • Address - House Number: 54
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Roosevelt
  • Carrier Code: C009
  • 4-Digit Zip Code: 2519
  • Zip Code: 11575

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $852,021
  • Tax Rate Code Area: 062

    Appraisal Valuation

  • Standard Deviation: 0.0929
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 91
  • Final Value: 590,888
  • High Value: 645,824
  • Low Value: 535,951

    Market Valuation

  • Market Total Value: $323,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323
  • Assessed Land Value: $110
  • Assessed Improvements Value: $213

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-64101
  • Previous Sale Recording Date: Dec 15, 2022
  • Previous Sale Contract Date: Dec 02, 2022
  • Previous Sale Amount: $381,000
  • Previous Sale Document Type: 12
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 Roosevelt

Stats & Trends

Median Asking:

$655,990

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1279 ft²

Average Home Age

83.6 years

Currently For Sale

16 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 201 Stuyvesant Avenue, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,244 ft²
201 Stuyvesant Avenue, Merrick, NY, 11566 Listing by Kevin Coons
Unit for rent at 2171 Washington Street, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,526 ft²
2171 Washington Street, Merrick, NY, 11566 Listing by Cathy Stone CBR
Unit for rent at 21 W Centennial Ave, Roosevelt, NY, 11575

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,176 ft²
21 W Centennial Ave, Roosevelt, NY, 11575 Listing by Ahdehroh Lambert Mortimore

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 54 Madison Avenue built and last sold?
The property at 54 Madison Avenue was built in 1933 and last sold on Oct 10, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 54 Madison Avenue is $604,990.
What are some comparable homes to 54 Madison Avenue?
There are currently no comparable homes to 54 Madison Avenue.
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