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West Hempstead 11552 West Hempstead
738 Cornwell Avenue
$780,000
● House - Off Market

738 Cornwell Avenue

West Hempstead, NY 11552
bedrooms
4 Beds
bathrooms
3 Baths
$911,464
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

This just in: Spacious & FULLY renovated home in the heart of West Hempstead! The specs: 4 Bedrooms/ 3 Full Bathrooms! The house includes: Garage (with a private driveway)/ Central AC/ Huge Basement/ Formal living & dining rooms. Designs of modern finishes with modern appliances and an open floor plan. Open layout gives it a bright and spacious feel. Located close to transportation, restaurants, and a lovely park. Taxes as low as $7k
Unit Size
-
Days on Market
132 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1952

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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: 3 years ago (OneKey MLS #ONE3288348)

Price History

Date / Event Date Event Price
Sep 3, 2021 Sold
Premium
Sold
Jun 29, 2021 Sold
Premium
Sold
Apr 28, 2021 In contract -
In contract
Feb 17, 2021 Listed by Winzone Realty Inc $779,000
Listed by Winzone Realty Inc
Feb 13, 2020 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 5
  • 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: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,318
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MALVERNE ACRES
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 027

Neighborhood

  • School District Name: West Hempstead Union Free School District
  • School Tax School District: 027
  • Census Tract: 405900

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-602-00-0015
  • Block: 602
  • Lot: 15
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6837
  • Longitude: -73.6668

    Address

  • Full Address: 738 Cornwell Ave
  • Address - House Number: 738
  • Address - Street Name: Cornwell
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Hempstead
  • Carrier Code: C051
  • 4-Digit Zip Code: 3435
  • Zip Code: 11552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $982,241
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 333

    Appraisal Valuation

  • Standard Deviation: 0.1794
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 670,518
  • High Value: 790,826
  • Low Value: 550,210

    Market Valuation

  • Market Total Value: $432,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432
  • Assessed Land Value: $268
  • Assessed Improvements Value: $164

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-116257
  • Previous Sale Recording Date: Feb 13, 2020
  • Previous Sale Contract Date: Jan 10, 2020
  • Previous Sale Amount: $385,000
  • 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 West Hempstead

Stats & Trends

Median Asking:

$795,000

Sale Price/ft²

$486

Below Asking

0.01%

Average Days on Market

94

Average Home Size

1839 ft²

Average Home Age

75.9 years

Currently For Sale

42 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 50 Catherine Street, Valley Stream, NY, 11581

$7,500 /mo

  • 5 Beds
  • 2 Baths
  • 2,268 ft²
50 Catherine Street, Valley Stream, NY, 11581 Listing by Ravi Pal
Unit for rent at 111 Hempstead Turnpike, West Hempstead, NY, 11552

$7,488 /mo

  • 3 Beds
  • 2 Baths
  • 2,412 ft²
111 Hempstead Turnpike, West Hempstead, NY, 11552 Listing by Danielle Zangre ABR PSA SFR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 738 Cornwell Avenue built and last sold?
The property at 738 Cornwell Avenue was built in 1952 and last sold on Jun 28, 2021 for $780,000.
How much is this home worth?
The estimated value of the home located at 738 Cornwell Avenue is $786,790.
What are some comparable homes to 738 Cornwell Avenue?
There are currently no comparable homes to 738 Cornwell Avenue.
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