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Elmont 11003 Elmont
8 Silver Street
$575,000
● House - Off Market

8 Silver Street

Hempstead, NY 11003
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,459 Ft²
$785,502
RealtyHop Estimate
31.14%
Since Dec 1, 2020
NY-New York
Primary Model

About This Property

Amazing Renovated Colonial in Argo Section of Elmont. Spacious 3 Bedrooms, 1.5 Bath, Lots of Natural Light,  Formal Living Room and Dining Room, Beautiful Hardwood Floors, Den 20x10, Updated Kitchen Cabinets/Granite Counter, SSA, Gas Cooking, Features Google Assistant, and Nest Wireless Thermostat, New High Efficiency Gas Heating System, Full Basement with Outside Entrance. Entrance from Kitchen to Large Backyard Deck, Landscaped Fenced Yard, Close to Major Roads, Shopping,  Move-In-Condition! Vist Virtual tour: https://tour.vht.com/434063301/IDX  Register here for virtual open house for Sunday June 11 4pm  https://us02web.zoom.us/meeting/register/tZAtcOqtpzItGtwOxry4-K5hAPwopzzNxLrx, Additional information: Appearance:Excellent,Interior Features:Lr/Dr,Separate Hotwater Heater:yes
Unit Size
1,459 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$411
Property Type
House
Property Taxes
$1,250
HOA Dues
-
Year Built
-

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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 #KEYL3211555)

Price History

Date / Event Date Event Price
Nov 10, 2020 Sold
Premium
Sold
Jun 9, 2020 In contract -
In contract
Apr 15, 2020 Listed by Douglas Elliman Real Estate $599,000
Listed by Douglas Elliman Real Estate
Oct 25, 2019 Sold
Premium
Sold
Jul 8, 2019 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 0
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 9,997,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 999

Building

  • Building Type: Q0
  • Lot Type: 5
  • Land Use: 09
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 484
  • City Council District: 31

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: PARK

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 15200
  • Lot: 1
  • Borough Block Lot: 4152000001

    Address

  • Full Address: 159 Street

Valuation

    Assessments Valuation

  • Assessed Total Value: $274,774,050
  • Assessed Land Value: $274,774,050

    Exemptions

  • Exempt Total Value: $274,774,050
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 Elmont

Stats & Trends

Median Asking:

$769,000

Sale Price/ft²

$544

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1646 ft²

Average Home Age

70.5 years

Currently For Sale

59 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 64 Dewitt Street, Valley Stream, NY, 11580

$5,999 /mo

  • 4 Beds
  • 2 Baths
  • 1,500 ft²
64 Dewitt Street, Valley Stream, NY, 11580 Listing by Faisal Rashid
Unit for rent at 1568 Madison Street, Elmont, NY, 11003

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1568 Madison Street, Elmont, NY, 11003 Listing by Kaiqiao Wang
Unit for rent at 212 Ethel Street, Valley Stream, NY, 11580

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,120 ft²
212 Ethel Street, Valley Stream, NY, 11580 Listing by Holly Hladky

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 Silver Street built and last sold?
The property at 8 Silver Street was built in 0 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Silver Street is $617,358.
What are some comparable homes to 8 Silver Street?
There are currently no comparable homes to 8 Silver Street.
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