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Malverne Park Oaks 11552 Malverne Park Oaks
557 Mohawk Road
$730,000
● House - Off Market

557 Mohawk Road

Hempstead, NY 11552
bedrooms
6 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,617 Ft²
$1,171,537
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Mint Expanded Ranch Boosting 3617 Sqft Hardwood Fls, Cac,, On The 1st Floor 3 Bedrooms 1.5 Baths,Huge Family Room. Living Room, Formal Dining Room,Eik W/Granite Ctr, 2nd Floor 3 Huge Bedrooms With Vaulted Ceiling And Skylight, Full Bath. There Is A Separate Entrance With A Doctors Office With Waiting Room And 2 Rooms. Great Backyard, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
3,617 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$221
Property Type
House
Property Taxes
$1,593
HOA Dues
-
Year Built
1950

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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: 5 months ago (OneKey MLS #KEYL3115022)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jun 7, 2021 In contract -
In contract
Apr 5, 2021 Listed by Douglas Elliman Real Estate $849,000
Listed by Douglas Elliman Real Estate
Aug 12, 2019 Sold
Premium
Sold
Jun 5, 2019 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,710
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,617
  • Building Area: 3,617
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,617
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 35-559-00-0016
  • Block: 559
  • Lot: 16
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.682
  • Longitude: -73.6592

    Address

  • Full Address: 557 Mohawk Rd
  • Address - House Number: 557
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: West Hempstead
  • Carrier Code: C063
  • 4-Digit Zip Code: 3924
  • Zip Code: 11552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,844,916
  • Tax Rate Code Area: 141

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 867,836
  • High Value: 1,013,105
  • Low Value: 722,568

    Market Valuation

  • Market Total Value: $675,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $675
  • Assessed Land Value: $179
  • Assessed Improvements Value: $496

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-119268
  • Previous Sale Recording Date: Sep 04, 2019
  • Previous Sale Contract Date: Aug 12, 2019
  • Previous Sale Amount: $730,000
  • 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 Malverne Park Oaks

Stats & Trends

Median Asking:

$857,500

Sale Price/ft²

$483

Above Asking

0.00%

Average Days on Market

91

Average Home Size

2499 ft²

Average Home Age

37.5 years

Currently For Sale

2 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 5 Freer Street, Lynbrook, NY, 11563

$2,770 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #411, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
Unit for rent at 57 Earle Avenue, Lynbrook, NY, 11563

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 3,414 ft²
57 Earle Avenue #2NDFLOOR, Lynbrook, NY, 11563 Listing by Karen A. Elefante
Unit for rent at 24 Doxsey Place, Lynbrook, NY, 11563

$3,300 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
24 Doxsey Place #3, Lynbrook, NY, 11563 Listing by Sergey Borohov

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 557 Mohawk Road built and last sold?
The property at 557 Mohawk Road was built in 1950 and last sold on Aug 20, 2021 for $815,000.
How much is this home worth?
The estimated value of the home located at 557 Mohawk Road is $857,490.
What are some comparable homes to 557 Mohawk Road?
There are currently no comparable homes to 557 Mohawk Road.
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