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Lakeview 11552 Lakeview
589 Pinebrook Avenue
Photo of 589 Pinebrook Avenue
Sold on Jun 29, 2023

29

Map

Photo of 589 Pinebrook Avenue
Photo of 589 Pinebrook Avenue
$588,000
● House - Off Market

589 Pinebrook Avenue

Hempstead, NY 11552
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,231 Ft²
$525,880
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Charming 4 Bedroom Brick Cape on oversized 80 x 100 lot. Main Level features Kitchen with stainless steel appliances, Large Living room with working fireplace, full bathroom, side entrance to a huge backyard with brick patio, inground pool, paved yard and jacuzzi tub. 2 Bedrooms and bathroom upstairs. Full Basement with high ceilings, Upstairs is 2 bedrooms and bathroom. Attached garage, near shopping, transportation, houses of worship, Additional information: Appearance:Needs TLC
Unit Size
1,231 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$426
Property Type
House
Property Taxes
$991
HOA Dues
-
Year Built
1938

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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: 2 years ago (OneKey MLS #KEYL3461473)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
Apr 7, 2023 In contract -
In contract
Feb 27, 2023 Listed by Peace of Mind Realty $525,000
Listed by Peace of Mind Realty
Mar 17, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 228
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,231
  • Building Area: 1,231
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,231
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 012

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • Census Tract: 406202

Geography

  • District: 282089
  • Section: 38
  • Parcel: 38-099-00-0009
  • Block: 99
  • Lot: 9
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.674
  • Longitude: -73.6597

    Address

  • Full Address: 589 Pinebrook Ave
  • Address - House Number: 589
  • Address - Street Name: Pinebrook
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Hempstead
  • Carrier Code: C052
  • 4-Digit Zip Code: 4223
  • Zip Code: 11552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,044,594
  • Tax Rate Code Area: 160

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 516,068
  • High Value: 564,241
  • Low Value: 467,896

    Market Valuation

  • Market Total Value: $441,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441
  • Assessed Land Value: $189
  • Assessed Improvements Value: $252

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 07, 1997
  • Current Sale Recording Date: Mar 17, 1997
  • Current Sale Price:
    Premium
  • Current 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 Lakeview

Stats & Trends

Median Asking:

$722,500

Sale Price/ft²

$473

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1582 ft²

Average Home Age

68.4 years

Currently For Sale

8 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 57 Earle Ave, Lynbrook, NY, 11563

$4,500 /mo

  • 3 Beds
  • 1 Bath
57 Earle Ave #1STFLOOR, Lynbrook, NY, 11563 Listing by Karen A. Elefante
Unit for rent at 161 Union Avenue, Lynbrook, NY, 11563

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
161 Union Avenue #5, Lynbrook, NY, 11563 Listing by Sergey Borohov
Unit for rent at 134 Scranton Avenue, Lynbrook, NY, 11563

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,470 ft²
134 Scranton Avenue, Lynbrook, NY, 11563 Listing by Maria A. Mejia

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 589 Pinebrook Avenue built and last sold?
The property at 589 Pinebrook Avenue was built in 1938 and last sold on Mar 7, 1997 for $149,000.
How much is this home worth?
The estimated value of the home located at 589 Pinebrook Avenue is $0.
What are some comparable homes to 589 Pinebrook Avenue?
There are currently no comparable homes to 589 Pinebrook Avenue.
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