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Woodmere 11581 Woodmere
611 Colfax Place
$1,280,000
● House - Off Market

611 Colfax Place

Hempstead, NY 11581
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,110 Ft²
$8,067
Est. Monthly
4.12%
Cap Rate

About This Property

This beautifully renovated split level home is an entertainer's dream! From the open concept living and dining areas to the pool area, this home is ready for you! The recently renovated kitchen is equipped with stainless steel appliances, quartz countertops, white shaker cabinets, and an island. In addition to the amazing living spaces, this home also features a workout area, a large den with wet bar, a home office, a guest suite, 4 other bedrooms, 3 baths and laundry room. Then step outside to your pavered yard with a heated salt water pool and outdoor kitchen cabana. Tesla solar panels offer efficient electric saving you hundreds in the summer months. Lastly, there is gas in the street for an easy conversion to gas. You don't want to miss out on this move in ready home!, Additional information: Appearance:MINT
Unit Size
2,110 Ft²
Days on Market
215 days
Land Size
0.19 acres
Price per sqft
$664
Property Type
House
Property Taxes
$1,193
HOA Dues
-
Year Built
1962

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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 #KEYL3564803)

Price History

Date / Event Date Event Price
Feb 24, 2025 Sold
Premium
Sold
Jul 10, 2024 Listed by The Agency Northshore NY $1,399,999
Listed by The Agency Northshore NY
Jan 22, 2019 Sold
Premium
Sold
Sep 30, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 447
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 8,085
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,110
  • Building Area: 2,110
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,110
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • Census Tract: 411301

Geography

  • District: 282089
  • Section: 39
  • Parcel: 39-602-00-0028
  • Block: 602
  • Lot: 28
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6488
  • Longitude: -73.7351

    Address

  • Full Address: 611 Colfax Pl
  • Address - House Number: 611
  • Address - Street Name: Colfax
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C054
  • 4-Digit Zip Code: 3005
  • Zip Code: 11581

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,407,441
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2194
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 69
  • Final Value: 1,031,743
  • High Value: 1,258,121
  • Low Value: 805,366

    Market Valuation

  • Market Total Value: $866,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $866
  • Assessed Land Value: $344
  • Assessed Improvements Value: $522

    Sales

  • Current Sale Contract Date: Jan 10, 2019
  • Current Sale Recording Date: Jan 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2019-006793
  • Previous Sale Recording Date: Sep 30, 2003
  • Previous Sale Contract Date: Aug 21, 2003
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Five Towns

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$559

Below Asking

0.02%

Average Days on Market

105

Average Home Size

3628 ft²

Average Home Age

71.4 years

Currently For Sale

156 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 797 Caldwell Avenue, North Woodmere, NY, 11581

$6,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,471 ft²
797 Caldwell Avenue, North Woodmere, NY, 11581 Listing by Judy Goldman
Unit for rent at 541 Cedarwood Drive, Cedarhurst, NY, 11516

$6,500 /mo

  • 5 Beds
  • 3 Baths
  • 3,627 ft²
541 Cedarwood Drive, Cedarhurst, NY, 11516 Listing by Lydia A. Kinzler

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 611 Colfax Place built and last sold?
The property at 611 Colfax Place was built in 1962 and last sold on Jan 10, 2019 for $800,000.
How much is this home worth?
The estimated value of the home located at 611 Colfax Place is $1,413,999.
What are some comparable homes to 611 Colfax Place?
There are currently no comparable homes to 611 Colfax Place.
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