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Franklin Square 11010 Franklin Square
715 Iris Street
Photo of 715 Iris Street
Sold on Mar 23, 2026

20

Map

Photo of 715 Iris Street
Photo of 715 Iris Street
$830,000
● House - Off Market

715 Iris Street

Hempstead, NY 11010
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,864 Ft²
$5,057
Est. Monthly
5.53%
Cap Rate

About This Property

Welcome to 715 Iris Street, Franklin Square, NY.  This expanded Cape Cod home features a flexible floor plan that is sure to satisfy. The first floor features a spacious living room, an oversized formal dining room with banded hardwood floors, a granite eat-in kitchen, a main-level den, a half bath, a primary bedroom, a full bath, and a second bedroom.  The second floor features an additional two bedrooms and a modern, tiled bathroom currently being used as a mother-daughter setup. The full basement complements the package of this fabulous home, offering ample storage space. There's also a detached Two-Car garage, In-Ground Sprinklers, and updated electric. Located on a no-outlet street, which is close to town and shopping. If you need a large home or room for extended family, this home is just what you have been waiting for.
Unit Size
1,864 Ft²
Days on Market
237 days
Land Size
0.12 acres
Price per sqft
$455
Property Type
House
Property Taxes
$887
HOA Dues
-
Year Built
1935

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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: 7 months ago (OneKey MLS #KEY894194)

Price History

Date / Event Date Event Price
Mar 23, 2026 Sold
Premium
Sold
Sep 24, 2025 In contract -
In contract
Aug 19, 2025 Relisted $849,000
Relisted
Aug 2, 2025 In contract -
In contract
Jul 27, 2025 Listed by Signature Premier Properties $849,000
Listed by Signature Premier Properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,864
  • Gross Building Area: 1,864
  • Building Area: 1,864
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • Legal Description 1: TOWN #1 SCH DIST 017

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405302

Geography

  • District: 282089
  • Section: 33
  • Parcel: 33-453-00-0108
  • Block: 453
  • Lot: 108
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7081
  • Longitude: -73.6664

    Address

  • Full Address: 715 Iris St
  • Address - House Number: 715
  • Address - Street Name: Iris
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C005
  • 4-Digit Zip Code: 4420
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,053,915
  • Tax Rate Code Area: 475

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 772,871
  • High Value: 897,590
  • Low Value: 648,152

    Market Valuation

  • Market Total Value: $593,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $593
  • Assessed Land Value: $282
  • Assessed Improvements Value: $311

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
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 Franklin Square

Stats & Trends

Median Asking:

$799,999

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1709 ft²

Average Home Age

70.3 years

Currently For Sale

39 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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$4,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
1 Third #1011, Mineola, NY, 11501 Listing by Diana Makdulina
Unit for rent at 111 Cherry Valley, Garden City, NY, 11530

$5,000 /mo

  • 1 Bed
  • 1 Bath
  • 1,100 ft²
111 Cherry Valley #M16, Garden City, NY, 11530 Listing by Margaret M. O Connell
Unit for rent at 43 Stewart Avenue, Garden City, NY, 11530

$5,000 /mo

  • 5 Beds
  • 2 Baths
  • 1,613 ft²
43 Stewart Avenue, Garden City, NY, 11530 Listing by Vanessa Pesce

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 7 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 715 Iris Street built and last sold?
The property at 715 Iris Street was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 715 Iris Street is $0.
What are some comparable homes to 715 Iris Street?
There are currently no comparable homes to 715 Iris Street.
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