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Baldwin 11510 Baldwin
582 Grimm Place
$320,000
● House - Off Market

582 Grimm Place

Hempstead, NY 11510
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$653,373
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

Modern Colonial On Over-Sized Lot South Of Sunrise. Features Hardwood Floors, Living Room, Formal Dining Room,Kitchen & Sunken Den/Family Room, Outside Cabana/Pool Room (Garage Converted), Semi-Inground Pool Gift From Owner. Close To All Parks, Shopping, Beaches, Parkways And Main Streets. Moments From Baldwin Train Station. Home Needs Some Renovations., Additional information: Appearance:Fair,Separate Hotwater Heater:Y
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$170
Property Type
House
Property Taxes
$1,037
HOA Dues
-
Year Built
1921

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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 #KEYL2607262)

Price History

Date / Event Date Event Price
Feb 19, 2014 Sold
Premium
Sold
Aug 13, 2013 Listed by Douglas Elliman Real Estate $339,000
Listed by Douglas Elliman Real Estate
Aug 7, 2006 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 377
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,563
  • Building Area: 2,563
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,563
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 010

Neighborhood

  • School District Name: Baldwin Union Free School District
  • School Tax School District: 010
  • Census Tract: 413600

Geography

  • District: 282089
  • Section: 54
  • Parcel: 54-108-00-0080
  • Block: 108
  • Lot: 80-82
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.655
  • Longitude: -73.6149

    Address

  • Full Address: 582 Grimm Pl
  • Address - House Number: 582
  • Address - Street Name: Grimm
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Baldwin
  • Carrier Code: C010
  • 4-Digit Zip Code: 3029
  • Zip Code: 11510

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,509,079
  • Tax Rate Code Area: 424

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 76
  • Final Value: 840,276
  • High Value: 993,451
  • Low Value: 687,101

    Market Valuation

  • Market Total Value: $621,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $621
  • Assessed Land Value: $246
  • Assessed Improvements Value: $375

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 06, 2014
  • Current Sale Recording Date: Feb 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014021900408
  • Previous Sale Recording Date: Aug 07, 2006
  • Previous Sale Contract Date: Jul 25, 2006
  • Previous Sale Amount: $535,000
  • 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 Baldwin

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$441

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1611 ft²

Average Home Age

83.2 years

Currently For Sale

29 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 582 Grimm Place built and last sold?
The property at 582 Grimm Place was built in 1921 and last sold on Feb 6, 2014 for $320,000.
How much is this home worth?
The estimated value of the home located at 582 Grimm Place is $0.
What are some comparable homes to 582 Grimm Place?
There are currently no comparable homes to 582 Grimm Place.
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