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Malverne 11565 Malverne
60 Morris Avenue
$550,000
● House - Off Market

60 Morris Avenue

Hempstead, NY 11565
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,426 Ft²
$636,038
RealtyHop Estimate
15.64%
Since Dec 1, 2021
NY-New York
Primary Model

About This Property

Malverne Vintage Colonial 3 Bedrooms 1.5 Baths. Prime Location. Oak & Walnut Parque Floors. Formal Living & Dining Rooms. Eat In Kitchen Leading To Double Tiered Deck/Brick Patio & Garden Style Sanctuary Yard With Waterfall Pond. A Sunroom Is Next To The Kitchen & Behind The Living Room. Newer Staircase Bannister. 2nd Floor Has King Size Master, 2 Additional Bedrooms & Full Bath With Whirlpool Tub. 3rd Floor Has A Study & Office. New Gas Steam Heat In Basement. 1 Car Detached Garage. 12,098.67 Total Taxes Before STAR Discount., Additional information: Appearance:Move In,Separate Hotwater Heater:Yes
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$386
Property Type
House
Property Taxes
$1,008
HOA Dues
-
Year Built
1765

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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 #KEYL3342698)

Price History

Date / Event Date Event Price
Nov 8, 2021 Sold
Premium
Sold
Sep 18, 2021 In contract -
In contract
Sep 18, 2021 Relisted $550,000
Relisted
Sep 2, 2021 Listed by Douglas Elliman Real Estate $550,000
Listed by Douglas Elliman Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1765
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 62,000
  • Lot Size Depth Feet: 169
  • Lot Size Frontage Feet: 359
  • Building Depth: 51
  • Building Frontage: 72
  • Gross Building Area: 4,860

    Building Floor Area

  • Commercial Building Floor Area: 4,860
  • Other Building Floor Area: 4,860

Building

  • Building Type: Q1
  • Lot Type: 1
  • Land Use: 09
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: E

Neighborhood

  • Community District: 112
  • City Council District: 10
  • Historic District Name: Jumel Terrace Historic District
  • Landmark Name: INDIVIDUAL AND INTERIOR LANDMARK
  • Police Precinct: 33
  • Fire Company: E084
  • Health Area: 500
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 06

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: PARK

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 2109
  • Lot: 106
  • Borough Block Lot: 1021090106

    Address

  • Full Address: 65 Jumel Terrace
  • Zip Code: 10032

Valuation

    Assessments Valuation

  • Assessed Total Value: $1,603,800
  • Assessed Land Value: $1,309,500

    Exemptions

  • Exempt Total Value: $1,603,800
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

Stats & Trends

Median Asking:

$789,000

Sale Price/ft²

$498

Above Asking

0.00%

Average Days on Market

93

Average Home Size

1809 ft²

Average Home Age

84 years

Currently For Sale

22 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 51 Ormond Street, Rockville Centre, NY, 11570

$5,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,537 ft²
51 Ormond Street, Rockville Centre, NY, 11570 Listing by Anne E. Donohoe
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 5 Freer Street, Lynbrook, NY, 11563

$3,225 /mo

  • 1 Bed
  • 1 Bath
  • 633 ft²
5 Freer Street #306, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge

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 60 Morris Avenue built and last sold?
The property at 60 Morris Avenue was built in 1765 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 60 Morris Avenue is $561,564.
What are some comparable homes to 60 Morris Avenue?
There are currently no comparable homes to 60 Morris Avenue.
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