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Lido Beach 11569 Lido Beach
8 Parkside Drive
$962,500
● House - Off Market

8 Parkside Drive

Hempstead, NY 11569
bedrooms
3 Beds
bathrooms
2 Baths
$1,010,580
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Watch the Sun Rise & Set Over the Marina From The Beautiful Great Room of This Recently Renovated Cape-Style Home. Simply Move Right In, and Unpack Your Bags Just In Time For Summer. Large Open Concept First Floor Creates the Perfect Ambiance For Every Day Living, and Guests. Three Fabulous, Light Filled Bedrooms Upstairs. Extra Bonus is the Manhattan Views From the Master BR! Enough Parking for 3 Cars, and Tranquil, Private Backyard For Summer Entertaining., Additional information: Appearance:Diamond
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$926
HOA Dues
-
Year Built
1928

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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: 5 months ago (OneKey MLS #KEYL3383688)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 7, 2022 In contract -
In contract
Mar 16, 2022 Listed by Harms Real Estate Inc $999,000
Listed by Harms Real Estate Inc
Mar 29, 2019 No longer available -
No longer available
Mar 28, 2019 Relisted $849,000
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 88
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000048
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 028

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • Census Tract: 416900

Geography

  • District: 282089
  • Section: 61
  • Parcel: 61-004-00-0003
  • Block: 4
  • Lot: 3
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.5932
  • Longitude: -73.5836

    Address

  • Full Address: 8 Parkside Dr
  • Address - House Number: 8
  • Address - Street Name: Parkside
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Point Lookout
  • Carrier Code: R777
  • 4-Digit Zip Code: 3025
  • Zip Code: 11569

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,144,976
  • Tax Rate Code Area: 336

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 1,045,492
  • High Value: 1,223,710
  • Low Value: 867,274

    Market Valuation

  • Market Total Value: $717,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $717
  • Assessed Land Value: $221
  • Assessed Improvements Value: $496

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-64423
  • Previous Sale Recording Date: Jan 25, 2017
  • Previous Sale Contract Date: Jan 13, 2017
  • Previous Sale Amount: $630,000
  • 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 Lido Beach

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$584

Below Asking

0.02%

Average Days on Market

118

Average Home Size

1929 ft²

Average Home Age

62.6 years

Currently For Sale

29 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 145 Inwood Avenue, Point Lookout, NY, 11569

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,200 ft²
145 Inwood Avenue, Point Lookout, NY, 11569 Listing by Paul A. Gomez
Unit for rent at 111 Inwood, Hempstead, NY, 11569

$3,500 /mo

  • 4 Beds
  • 1 Bath
111 Inwood, Hempstead, NY, 11569 Listing by Paul A. Gomez

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Parkside Drive built and last sold?
The property at 8 Parkside Drive was built in 1928 and last sold on Jun 7, 2022 for $985,000.
How much is this home worth?
The estimated value of the home located at 8 Parkside Drive is $1,008,990.
What are some comparable homes to 8 Parkside Drive?
There are currently no comparable homes to 8 Parkside Drive.
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