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Hempstead 11550 Hempstead
73 Parsons Drive
$260,000
● House - Off Market

73 Parsons Drive

Hempstead, NY 11550
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
$455,907
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Great Home For A Large Family. 6 Bedrooms, Hardwood Floors, And Stainless Steel Kitchen Appliances.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,309
HOA Dues
-
Year Built
1925

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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 #KEYL2998835)

Price History

Date / Event Date Event Price
Jan 4, 2019 Sold
Premium
Sold
Nov 12, 2018 Sold
Premium
Sold
Jan 23, 2018 Listed by Emerald City Realty LLC $300,000
Listed by Emerald City Realty LLC
Feb 2, 2007 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 42
  • Garage Type: 4
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,950
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,698
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 001

Neighborhood

  • School District Name: Hempstead Union Free School District
  • School Tax School District: 001
  • School Tax District Code 2: HEM
  • Census Tract: 406701

Geography

  • District: 282013
  • Section: 35
  • Parcel: 35-442-00-0019
  • Block: 442
  • Lot: 19
  • Municipality: HEMPSTEAD
  • Latitude: 40.7018
  • Longitude: -73.6322

    Address

  • Full Address: 73 Parsons Dr
  • Address - House Number: 73
  • Address - Street Name: Parsons
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C001
  • 4-Digit Zip Code: 4726
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,018,560
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 528,877
  • High Value: 628,481
  • Low Value: 429,274

    Market Valuation

  • Market Total Value: $396,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396
  • Assessed Land Value: $168
  • Assessed Improvements Value: $228

    Sales

  • Current Sale Contract Date: Oct 29, 2018
  • Current Sale Recording Date: Nov 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-100933
  • Previous Sale Recording Date: Feb 02, 2007
  • Previous Sale Contract Date: Dec 29, 2006
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: 27
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 Hempstead

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

96

Average Home Size

1591 ft²

Average Home Age

80.6 years

Currently For Sale

68 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 100 Hilton Avenue, Garden City, NY, 11530

$5,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,187 ft²
100 Hilton Avenue #707, Garden City, NY, 11530 Listing by Marianne Imperial
Unit for rent at 22 Harrison Avenue, Hempstead, NY, 11550

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,150 ft²
22 Harrison Avenue, Hempstead, NY, 11550 Listing by Denise Kearse CBR E-PRO
Unit for rent at 24 Harrison Avenue, Hempstead, NY, 11550

$3,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
24 Harrison Avenue, Hempstead, NY, 11550 Listing by Denise Kearse CBR E-PRO

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 73 Parsons Drive built and last sold?
The property at 73 Parsons Drive was built in 1925 and last sold on Oct 29, 2018 for $260,000.
How much is this home worth?
The estimated value of the home located at 73 Parsons Drive is $303,000.
What are some comparable homes to 73 Parsons Drive?
There are currently no comparable homes to 73 Parsons Drive.
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