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New Hyde Park 11040 New Hyde Park
595 7th Avenue
$384,000
● House - Off Market

595 7th Avenue

North Hempstead, NY 11040
bedrooms
3 Beds
bathrooms
2 Baths
$705,448
RealtyHop Estimate
68.36%
Since Dec 1, 2014
NY-New York
Primary Model

About This Property

Great Colonial With 2 Huge Bedrooms And Wonderful Location. Walking To All Schools And Train., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$971
HOA Dues
-
Year Built
1949

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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: 6 months ago (OneKey MLS #KEYL2681802)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
Dec 4, 2014 Sold
Premium
Sold
Jun 12, 2014 Listed by FIRST FLAG Realty Inc $419,000
Listed by FIRST FLAG Realty Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,412
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • School Tax District Code 2: NHP
  • Census Tract: 404700

Geography

  • District: 282041
  • Parcel: 32-099-00-0169
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7269
  • Longitude: -73.6898

    Address

  • Full Address: 595 7th Ave
  • Address - House Number: 595
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 5426
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,277,730
  • Tax Rate Code Area: 130

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 779,687
  • High Value: 911,264
  • Low Value: 648,109

    Market Valuation

  • Market Total Value: $596,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596
  • Assessed Land Value: $300
  • Assessed Improvements Value: $296

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-32558
  • Previous Sale Recording Date: Dec 04, 2014
  • Previous Sale Contract Date: Nov 20, 2014
  • Previous Sale Amount: $384,000
  • Previous Sale Document Type: 33
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 New Hyde Park

Stats & Trends

Median Asking:

$938,000

Sale Price/ft²

$619

Below Asking

0.02%

Average Days on Market

95

Average Home Size

1243 ft²

Average Home Age

83.5 years

Currently For Sale

19 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 148 Lincoln Street, Garden City, NY, 11530

$7,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,608 ft²
148 Lincoln Street, Garden City, NY, 11530 Listing by Patricia M. Aprigliano ABR
Unit for rent at 85 Violet Avenue, Floral Park, NY, 11001

$6,800 /mo

  • 4 Beds
  • 3 Baths
  • 3,400 ft²
85 Violet Avenue, Floral Park, NY, 11001 Listing by Qiao Zou
Unit for rent at 28 E Fern Dr, Jericho, NY, 11753

$9,600 /mo

  • 5 Beds
  • 4 Baths
  • 4,000 ft²
28 E Fern Dr, Jericho, NY, 11753 Listing by Lina Shi RENE

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 595 7th Avenue built and last sold?
The property at 595 7th Avenue was built in 1949 and last sold on May 18, 2023 for $397,040.
How much is this home worth?
The estimated value of the home located at 595 7th Avenue is $423,190.
What are some comparable homes to 595 7th Avenue?
There are currently no comparable homes to 595 7th Avenue.
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