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Hempstead 11550 Hempstead
78 Spencer Place
Photo of 78 Spencer Place
Sold on Nov 25, 2025

21

Map

Photo of 78 Spencer Place
Photo of 78 Spencer Place
$690,000
● House - Off Market

78 Spencer Place

Hempstead, NY 11550
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,602 Ft²
$4,429
Est. Monthly
11.94%
Cap Rate

About This Property

This beautifully maintained Cape sits on a spacious 58 x 100 corner property in the Uniondale School District. The home offers 4 bedrooms and 2 full bathrooms, a large eat-in kitchen, formal dining room, and a bright living room with hardwood floors. Additional features include a full basement, garage, gas cooking, leaf gutters, and two AC units. Great curb appeal and pride of ownership throughout. Conveniently located near Hofstra University, Nassau Community College, Eisenhower Park, and major parkways. Don't miss this wonderful opportunity! Low Taxes!!
Unit Size
2,602 Ft²
Days on Market
75 days
Land Size
0.13 acres
Price per sqft
$261
Property Type
House
Property Taxes
$1,090
HOA Dues
-
Year Built
1957

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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: 11 months ago (OneKey MLS #KEY907745)

Price History

Date / Event Date Event Price
Nov 25, 2025 Sold
Premium
Sold
Sep 27, 2025 In contract -
In contract
Sep 4, 2025 Listed by Keller Williams Rlty Landmark $680,000
Listed by Keller Williams Rlty Landmark

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 002

Neighborhood

  • School District Name: Uniondale Union Free School District
  • School Tax School District: 002
  • School Tax District Code 2: HEM
  • Census Tract: 407203

Geography

  • District: 282013
  • Section: 34
  • Parcel: 34-427-00-0143
  • Block: 427
  • Lot: 143
  • Municipality: HEMPSTEAD
  • Latitude: 40.7038
  • Longitude: -73.6071

    Address

  • Full Address: 78 Spencer Pl
  • Address - House Number: 78
  • Address - Street Name: Spencer
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C028
  • 4-Digit Zip Code: 5819
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $536,784
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 568,629
  • High Value: 660,390
  • Low Value: 476,869

    Market Valuation

  • Market Total Value: $385,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385
  • Assessed Land Value: $145
  • Assessed Improvements Value: $240

    Exemptions

  • 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 Hempstead

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$426

Below Asking

0.01%

Average Days on Market

95

Average Home Size

1462 ft²

Average Home Age

82.6 years

Currently For Sale

61 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

Rentals Near You

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OneKey

Last Updated: 11 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 78 Spencer Place built and last sold?
The property at 78 Spencer Place was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 78 Spencer Place is $0.
What are some comparable homes to 78 Spencer Place?
There are currently no comparable homes to 78 Spencer Place.
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