$725,000
●
House -
Off Market
72 Meadow Drive
Hempstead, NY 11598
3 Beds
2 Baths,
1
Half Bath
$961,953
RealtyHop Estimate
7.00%
Since Mar 1, 2023
NY-New York
Primary Model
About This Property
This charming Dutch Colonial home is located on a quiet street in a
desirable neighborhood. The roof is only 5 years old and there is a
walk-out basement. The large entryway features a big deep closet.
The fireplace in the living room is perfect for snuggling around on
chilly winter nights, while the kitchen comes complete with a
professional gas range and new dishwasher. The open concept
living/dining room is ideal for hosting gatherings of family and
friends, there is also a powder room on this level. Upstairs
features three bedrooms and two bathrooms. And don't forget about
the beautiful wraparound porch from the master bedroom - perfect
for relaxing outdoors on warm summer evenings. An attic has two
large windows and can easily be converted to a room. Plus, this
home boasts beautiful landscaping and view of the golf course.
Great investment opportunity, per consult with architect and
contractor potential to build over 3000 square-foot home. Also
potential for great rental income
Unit Size
-
Days on Market
232 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$927
HOA Dues
-
Year Built
1925
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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 #KEYL3408976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2025 | No longer available | - | |
| No longer available | |||
| Dec 29, 2024 | Listed by Realty Connect USA LLC | $1,498,000 | |
| Listed by Realty Connect USA LLC | |||
| | |||
|
Nestled in Woodsburgh, this charming contemporary home offers breathtaking golf course views, low taxes, and a thoughtfully designed layout.
The main level features an open-concept design, ideal for both everyday living and entertaining. The inviting living room includes a cozy fireplace. The beautifully updated kitchen boasts high-end appliances and a stylish island with seating. The dining area opens onto a stunning deck that leads to a beautiful patio, extending your living space outdoors. A versatile small office or bedroom with a full bathroom.
Upstairs, you’ll find three bedrooms and two updated full bathrooms. The second floor also includes access to a walk-up attic, ideal for additional storage.
This home is equipped with central air conditioning, radiator heating, hardwood floors, new windows, and new vinyl siding accented with stone. Enjoy serene mornings and evenings on the first- and second-level porches, both offering panoramic views of the golf course.
| |||
| Feb 6, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2022 | In contract | - | |
| In contract | |||
| Aug 9, 2022 | Price Decreased |
$899,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
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Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Five Towns
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Last Updated: 6 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017