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Bellmore 11710 Bellmore
703 Oak Street
$350,000
● House - Off Market

703 Oak Street

Hempstead, NY 11710
bedrooms
3 Beds
bathrooms
1 Bath
$647,265
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Newly Renovated Kitchen, Detached Garage, Freshly Painted, Wooden Floors, Private Yard., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$731
HOA Dues
-
Year Built
1928

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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 #KEYL2809592)

Price History

Date / Event Date Event Price
Sep 21, 2022 Sold
Premium
Sold
Jul 5, 2022 In contract -
In contract
May 19, 2022 Listed by EXIT Realty Premier $469,000
Listed by EXIT Realty Premier
May 17, 2016 Sold
Premium
Sold
Nov 10, 2015 Listed by Century 21 Dallow $379,000
Listed by Century 21 Dallow

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 12
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 860
  • Building Area: 860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 860
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF OAK MANOR
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 004

Neighborhood

  • School District Name: Bellmore-Merrick Central High School District
  • School Tax School District: 004
  • Census Tract: 415300

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-151-00-0309
  • Block: 151
  • Lot: 309-310
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6729
  • Longitude: -73.5411

    Address

  • Full Address: 703 Oak St
  • Address - House Number: 703
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: NY
  • City Name: Bellmore
  • Carrier Code: C005
  • 4-Digit Zip Code: 3104
  • Zip Code: 11710

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,015,313
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.0926
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 421,098
  • High Value: 460,117
  • Low Value: 382,080

    Market Valuation

  • Market Total Value: $379,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379
  • Assessed Land Value: $162
  • Assessed Improvements Value: $217

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-98825
  • Previous Sale Recording Date: May 17, 2016
  • Previous Sale Contract Date: May 10, 2016
  • Previous Sale Amount: $371,000
  • 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 Bellmore

Stats & Trends

Median Asking:

$799,999

Sale Price/ft²

$484

Below Asking

0.02%

Average Days on Market

82

Average Home Size

2003 ft²

Average Home Age

65.4 years

Currently For Sale

23 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 317 Bedford Avenue, Bellmore, NY, 11710

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
317 Bedford Avenue, Bellmore, NY, 11710 Listing by Gina M. Padro HFR PSA RSPS SFR SRS
Unit for rent at 1539 Park Avenue, Merrick, NY, 11566

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,386 ft²
1539 Park Avenue, Merrick, NY, 11566 Listing by Lisa J. DeTurris
Unit for rent at 1973 Bellmore Ave, Bellmore, NY, 11710

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,000 ft²
1973 Bellmore Ave, Bellmore, NY, 11710 Listing by Xiu Chen

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 703 Oak Street built and last sold?
The property at 703 Oak Street was built in 1928 and last sold on Sep 22, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 703 Oak Street is $472,609.
What are some comparable homes to 703 Oak Street?
There are currently no comparable homes to 703 Oak Street.
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