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Valley Stream 11581 Valley Stream
58 7 Street
Photo of 58 7 Street
Sold on Nov 24, 2025

32

Map

Photo of 58 7 Street
Photo of 58 7 Street
$1,050,000
● House - Off Market

58 7 Street

Hempstead, NY 11581
bedrooms
6 Beds
bathrooms
3 Baths
square feet
1,900 Ft²
$6,392
Est. Monthly
9.01%
Cap Rate

About This Property

Huge single family home being used as mother daughter, 3 Bedroom over 3 Bedroom.
Unit Size
1,900 Ft²
Days on Market
208 days
Land Size
0.18 acres
Price per sqft
$578
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
1922

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 11 months ago (OneKey MLS #KEY855772)

Price History

Date / Event Date Event Price
Nov 24, 2025 Sold
Premium
Sold
Aug 9, 2025 In contract -
In contract
Jul 3, 2025 Price Decreased $1,098,000
↓ $100K (8.4%)
Price Decreased
Apr 30, 2025 Listed by Century 21 Milestone Team Rlty $1,198,000
Listed by Century 21 Milestone Team Rlty
May 31, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,900
  • Building Area: 1,900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PROPERTY AT VALLEY STREAM
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 024

Neighborhood

  • School District Name: Valley Stream Union Free School District 24
  • School Tax School District: 024
  • School Tax District Code 2: VS
  • Census Tract: 410700

Geography

  • District: 282035
  • Section: 39
  • Parcel: 39-016-00-0042
  • Block: 16
  • Lot: 42-43
  • Municipality: VALLEY STREAM
  • Latitude: 40.6572
  • Longitude: -73.6978

    Address

  • Full Address: 58 7th St
  • Address - House Number: 58
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C005
  • 4-Digit Zip Code: 1215
  • Zip Code: 11581

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,149,211
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 719,081
  • High Value: 858,394
  • Low Value: 579,769

    Market Valuation

  • Market Total Value: $538,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $538
  • Assessed Land Value: $247
  • Assessed Improvements Value: $291

    Sales

  • Current Sale Contract Date: May 22, 2017
  • Current Sale Recording Date: May 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201700053944
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $289,000
  • 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 Valley Stream

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$516

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1604 ft²

Average Home Age

79.9 years

Currently For Sale

92 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

Rentals Near You

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OneKey

Last Updated: 11 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 58 7th Street built and last sold?
The property at 58 7th Street was built in 1922 and last sold on May 22, 2017 for $335,000.
How much is this home worth?
The estimated value of the home located at 58 7th Street is $0.
What are some comparable homes to 58 7th Street?
There are currently no comparable homes to 58 7th Street.
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