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Malverne 11565 Malverne
71 Scarcliffe Drive
$690,000
● House - Off Market

71 Scarcliffe Drive

Hempstead, NY 11565
bedrooms
5 Beds
bathrooms
4 Baths
$1,022,431
RealtyHop Estimate
46.27%
Since Jan 1, 2019
NY-New York
Primary Model

About This Property

5 Bed, 4 Full Bath, Full Finished Basement. Everything Was Redone 9 Years Ago. Wood Floors, Granite Countertops And Stainless Appliances In Kitchen , Gas Fireplace In Den, Laundry On First Floor, Cac,  Garage. Must See!!!, Additional information: Appearance:Diamond
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,205
HOA Dues
-
Year Built
1924

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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: 4 months ago (OneKey MLS #KEYL2997156)

Price History

Date / Event Date Event Price
Jun 23, 2022 Sold
Premium
Sold
Apr 3, 2022 No longer available -
No longer available
Mar 11, 2022 Listed by Cornerstone Properties of LI $1,100,000
Listed by Cornerstone Properties of LI
Dec 13, 2018 Sold
Premium
Sold
Oct 4, 2018 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 16
  • 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: 396
  • Garage Type: 17
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MALVERNE ESTATES ADDITION #1
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 013

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 013
  • School Tax District Code 2: MAL
  • Census Tract: 410100

Geography

  • District: 282027
  • Section: 35
  • Parcel: 35-216-00-0334
  • Block: 216
  • Lot: 334-336
  • Municipality: MALVERNE
  • Latitude: 40.6796
  • Longitude: -73.6766

    Address

  • Full Address: 71 Scarcliffe Dr
  • Address - House Number: 71
  • Address - Street Name: Scarcliffe
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Malverne
  • Carrier Code: C005
  • 4-Digit Zip Code: 1049
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,183,232
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 879,826
  • High Value: 1,021,804
  • Low Value: 737,847

    Market Valuation

  • Market Total Value: $712,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $712
  • Assessed Land Value: $240
  • Assessed Improvements Value: $472

    Sales

  • Current Sale Contract Date: Jun 21, 2022
  • Current Sale Recording Date: Jun 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-68721
  • Previous Sale Recording Date: Dec 13, 2018
  • Previous Sale Contract Date: Dec 03, 2018
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: 12
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

$497

Above Asking

0.00%

Average Days on Market

91

Average Home Size

1781 ft²

Average Home Age

82.7 years

Currently For Sale

18 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

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$2,695 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #427, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
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 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: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 71 Scarcliffe Drive built and last sold?
The property at 71 Scarcliffe Drive was built in 1924 and last sold on Jun 21, 2022 for $999,000.
How much is this home worth?
The estimated value of the home located at 71 Scarcliffe Drive is $1,111,000.
What are some comparable homes to 71 Scarcliffe Drive?
There are currently no comparable homes to 71 Scarcliffe Drive.
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