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Franklin Square 11010 Franklin Square
813 Herman Avenue
$470,000
● House - Off Market

813 Herman Avenue

Hempstead, NY 11010
bedrooms
3 Beds
bathrooms
2 Baths
$734,200
RealtyHop Estimate
46.87%
Since Mar 1, 2019
NY-New York
Primary Model

About This Property

Lovely 3 Bdrm,2 Bth, Ranch, Located In The Desirable Dogwood Section Of Franklin Square, Large Extended Eat-In-Kitchen, Updated Bath, Central Air, In-Ground Sprinklers, New Roof, Well Maintained Grounds., Additional information: Appearance:Excellent,Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$788
HOA Dues
-
Year Built
1951

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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 #KEYL3045442)

Price History

Date / Event Date Event Price
Mar 14, 2019 Sold
Premium
Sold
Feb 11, 2019 Sold
Premium
Sold
Dec 6, 2018 No longer available -
No longer available
Nov 8, 2018 Price Decreased $499,900
↓ $20K (3.9%)
Price Decreased
Sep 7, 2018 Price Decreased $519,900
↓ $5K (1%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 9

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,165
  • Building Area: 1,165
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,165
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 013

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 013
  • Census Tract: 405700

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-590-00-0030
  • Block: 590
  • Lot: 30
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6859
  • Longitude: -73.675

    Address

  • Full Address: 813 Herman Ave
  • Address - House Number: 813
  • Address - Street Name: Herman
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C010
  • 4-Digit Zip Code: 3108
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,081,048
  • Tax Rate Code Area: 191

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 68
  • Final Value: 640,709
  • High Value: 787,423
  • Low Value: 493,995

    Market Valuation

  • Market Total Value: $495,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495
  • Assessed Land Value: $199
  • Assessed Improvements Value: $296

    Sales

  • Current Sale Contract Date: Feb 11, 2019
  • Current Sale Recording Date: Mar 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-022962

    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 Franklin Square

Stats & Trends

Median Asking:

$829,000

Sale Price/ft²

$556

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1790 ft²

Average Home Age

73.7 years

Currently For Sale

38 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 150 Covert Avenue, Stewart Manor, NY, 11530

$3,380 /mo

  • 2 Beds
  • 1 Bath
  • 755 ft²
150 Covert Avenue #G2, Stewart Manor, NY, 11530 Listing by Michelle Holmes
Unit for rent at 281 Dogwood Avenue, West Hempstead, NY, 11552

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 2,400 ft²
281 Dogwood Avenue, West Hempstead, NY, 11552 Listing by Farshid Rahban
Unit for rent at 1 Allen Street, Lynbrook, NY, 11563

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,100 ft²
1 Allen Street #1, Lynbrook, NY, 11563 Listing by Marlene S. Gross

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 813 Herman Avenue built and last sold?
The property at 813 Herman Avenue was built in 1951 and last sold on Feb 11, 2019 for $470,000.
How much is this home worth?
The estimated value of the home located at 813 Herman Avenue is $504,899.
What are some comparable homes to 813 Herman Avenue?
There are currently no comparable homes to 813 Herman Avenue.
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