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Malverne Park Oaks 11552 Malverne Park Oaks
552 Emerson Drive
$750,000
● House - Off Market

552 Emerson Drive

Hempstead, NY 11552
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$4,687
Est. Monthly
3.99%
Cap Rate

About This Property

Outstanding ranch with open floor plan in Malverne Oaks. Formal dining room and living room with fireplace. Wood floors throughout. Large den perfect for entertaining. 3 bedrooms with numerous closets. Larger bedroom has full bath. Additional full bath in living area. Gas heat and separate hot water heater with full house generator. Spacious basement. Includes central air, detached garage surrounded by park-like grounds. A MUST SEE!! Easy to show., Additional information: Appearance:MINT,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
1,728 Ft²
Days on Market
152 days
Land Size
0.20 acres
Price per sqft
$433
Property Type
House
Property Taxes
$1,009
HOA Dues
-
Year Built
1951

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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: 4 months ago (OneKey MLS #KEYL3566524)

Price History

Date / Event Date Event Price
Dec 17, 2024 Sold
Premium
Sold
Jul 18, 2024 Listed by Realty Connect USA LLC $749,000
Listed by Realty Connect USA LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 8,840
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,668
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MALVERNE OAKS SOUTH
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 027

Neighborhood

  • School District Name: West Hempstead Union Free School District
  • School Tax School District: 027
  • Census Tract: 410100

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-559-00-0006
  • Block: 559
  • Lot: 6
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6825
  • Longitude: -73.6591

    Address

  • Full Address: 552 Emerson Dr
  • Address - House Number: 552
  • Address - Street Name: Emerson
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: West Hempstead
  • Carrier Code: C063
  • 4-Digit Zip Code: 3921
  • Zip Code: 11552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,894
  • Tax Rate Code Area: 141

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 674,829
  • High Value: 788,712
  • Low Value: 560,947

    Market Valuation

  • Market Total Value: $446,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446
  • Assessed Land Value: $190
  • Assessed Improvements Value: $256

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled 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 Malverne Park Oaks

Stats & Trends

Median Asking:

$826,000

Sale Price/ft²

$466

Above Asking

0.00%

Average Days on Market

95

Average Home Size

3600 ft²

Average Home Age

-

Currently For Sale

1 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 771 Maple Place, West Hempstead, NY, 11552

$3,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,102 ft²
771 Maple Place #2, West Hempstead, NY, 11552 Listing by Karyn Flores GRI SFR
Unit for rent at 281 Dogwood Avenue, West Hempstead, NY, 11552

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 2,400 ft²
281 Dogwood Avenue #2, West Hempstead, NY, 11552 Listing by Farshid Rahban
Unit for rent at 200 Lincoln Avenue, Rockville Centre, NY, 11570

$3,450 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
200 Lincoln Avenue, Rockville Centre, NY, 11570 Listing by Deborah A. Gabriel-Lucas CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 552 Emerson Drive built and last sold?
The property at 552 Emerson Drive was built in 1951 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 552 Emerson Drive is $0.
What are some comparable homes to 552 Emerson Drive?
There are currently no comparable homes to 552 Emerson Drive.
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