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West Hempstead 11552 West Hempstead
862 Taft Street
Photo of 862 Taft Street
Sold on Feb 16, 2023

20

Map

Photo of 862 Taft Street
Photo of 862 Taft Street
$700,000
● House - Off Market

862 Taft Street

Hempstead, NY 11552
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,638 Ft²
$783,649
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This is a rare opportunity to own a well maintained 1 family home in W. Hempstead.  1st Floor boasts a large living/dining room with hi ceilings and hardwood floors, updated kitchen and bathroom, an office and 3 nice size bedrooms. The 2nd Floor unit offers Sitting Room, 2 Bedrooms and a full bath. Full finished basement, updated boiler and separate laundry room. One car detached garage and long driveway for parking, all fenced in yard for great outdoor entertainment. Close to public transportation, LIRR and shopping. Great for investor or user!!!, Additional information: Interior Features:Lr/Dr
Unit Size
1,638 Ft²
Days on Market
76 days
Land Size
0.11 acres
Price per sqft
$458
Property Type
House
Property Taxes
$1,081
HOA Dues
-
Year Built
1933

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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: 2 years ago (OneKey MLS #KEYL3446260)

Price History

Date / Event Date Event Price
Feb 16, 2023 Sold
Premium
Sold
Dec 21, 2022 In contract -
In contract
Dec 1, 2022 Listed by Coldwell Banker American Homes $750,000
Listed by Coldwell Banker American Homes
Jan 4, 2001 Sold
Premium
Sold
Aug 18, 1999 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 182
  • Garage Type: 4
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,638
  • Gross Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • Legal Description 1: TOWN #1 SCH DIST 027

Neighborhood

  • School District Name: West Hempstead Union Free School District
  • School Tax School District: 027
  • Census Tract: 405900

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-435-00-0178
  • Block: 435
  • Lot: 178
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.685
  • Longitude: -73.6543

    Address

  • Full Address: 862 Taft St
  • Address - House Number: 862
  • Address - Street Name: Taft
  • Address - Suffix Type: St
  • State: NY
  • City Name: West Hempstead
  • Carrier Code: C063
  • 4-Digit Zip Code: 3825
  • Zip Code: 11552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,273,209
  • Tax Rate Code Area: 141

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 680,475
  • High Value: 802,748
  • Low Value: 558,201

    Market Valuation

  • Market Total Value: $454,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454
  • Assessed Land Value: $194
  • Assessed Improvements Value: $260

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-11979
  • Previous Sale Recording Date: Jan 04, 2001
  • Previous Sale Contract Date: Dec 22, 2000
  • Previous Sale Amount: $246,450
  • Previous Sale Document Type: 27
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 West Hempstead

Stats & Trends

Median Asking:

$798,500

Sale Price/ft²

$488

Below Asking

0.01%

Average Days on Market

92

Average Home Size

1842 ft²

Average Home Age

75.2 years

Currently For Sale

40 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 791 Cornwell Avenue, Malverne, NY, 11565

$7,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,658 ft²
791 Cornwell Avenue, Malverne, NY, 11565 Listing by Joosoo Kim SFR SRS MRP CIPS AHWD
Unit for rent at 111 Hempstead Turnpike, West Hempstead, NY, 11552

$6,309 /mo

  • 2 Beds
  • 2 Baths
  • 1,923 ft²
111 Hempstead Turnpike #TH01, West Hempstead, NY, 11552 Listing by Danielle Zangre ABR PSA SFR

Rentals Near You

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OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 862 Taft Street built and last sold?
The property at 862 Taft Street was built in 1933 and last sold on Feb 16, 2023 for $690,000.
How much is this home worth?
The estimated value of the home located at 862 Taft Street is $757,500.
What are some comparable homes to 862 Taft Street?
There are currently no comparable homes to 862 Taft Street.
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