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Hempstead 11550 Hempstead
8 Weir Street
$381,600
● House - Off Market

8 Weir Street

Hempstead, NY 11550
bedrooms
3 Beds
bathrooms
1 Bath
$567,994
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This Newly Renovated Home Sits On A 40X100 Lot. It Has 4 Bedrooms, 2 Full Bathrooms, Formal Living And Dining Room, And A Full Eat-In Kitchen! This Home Will Not Last, Bring Your Buyers!, Additional information: Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$699
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (OneKey MLS #KEYL3031334)

Price History

Date / Event Date Event Price
Oct 30, 2018 Sold
Premium
Sold
Aug 31, 2018 No longer available -
No longer available
Jun 14, 2018 Listed $375,000
Listed
This Newly Renovated Home Sits On A 40X100 Lot. It Has 4 Bedrooms, 2 Full Bathrooms, Formal Living And Dining Room, And A Full Eat-In Kitchen! This Home Will Not Last, Bring Your Buyers!
May 17, 2018 Listed by Fave Realty Inc $375,000
Listed by Fave Realty Inc
Aug 7, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,190
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECTION 1 PROPERTY AT HEMPSTEAD
  • Land Acres: 0000000092
  • 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: 407101

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-008-00-0044
  • Block: 8
  • Lot: 44-45
  • Municipality: HEMPSTEAD
  • Latitude: 40.6889
  • Longitude: -73.6225

    Address

  • Full Address: 8 Weir St
  • Address - House Number: 8
  • Address - Street Name: Weir
  • Address - Suffix Type: St
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C029
  • 4-Digit Zip Code: 7608
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $785,998
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 515,602
  • High Value: 612,705
  • Low Value: 418,498

    Market Valuation

  • Market Total Value: $304,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304
  • Assessed Land Value: $98
  • Assessed Improvements Value: $206

    Sales

  • Current Sale Contract Date: Oct 22, 2018
  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-097190
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Contract Date: Jun 07, 2017
  • Previous Sale Amount: $156,009
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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:

$654,500

Sale Price/ft²

$425

Below Asking

0.01%

Average Days on Market

94

Average Home Size

1492 ft²

Average Home Age

80.4 years

Currently For Sale

62 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 366 Greenwich Street, Hempstead, NY, 11550

$3,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,504 ft²
366 Greenwich Street, Hempstead, NY, 11550 Listing by Marissa Ferrara

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Weir Street built and last sold?
The property at 8 Weir Street was built in 1951 and last sold on Oct 22, 2018 for $381,600.
How much is this home worth?
The estimated value of the home located at 8 Weir Street is $378,750.
What are some comparable homes to 8 Weir Street?
There are currently no comparable homes to 8 Weir Street.
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