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Hempstead 11550 Hempstead
89 Cliff Avenue
$499,990
● House - Off Market

89 Cliff Avenue

Hempstead, NY 11550
bedrooms
4 Beds
bathrooms
2 Baths
$572,209
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

LARGE LOT....4 BEDROOMS...2 FULL BATHS....UNIONDALE SCHOOLS....3 ZONE GAS HEAT....SEPARATE GAS HOT WATER HEATER....
Unit Size
-
Days on Market
81 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,080
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: 3 years ago (OneKey MLS #ONE3314811)

Price History

Date / Event Date Event Price
Aug 10, 2021 Sold
Premium
Sold
Jun 18, 2021 In contract -
In contract
May 21, 2021 Listed by CENTURY 21 Kin Realty Inc $499,990
Listed by CENTURY 21 Kin Realty Inc
Oct 28, 1996 Sold
Premium
Sold
Jul 15, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 20
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,712
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 002

Neighborhood

  • School District Name: Uniondale Union Free School District
  • School Tax School District: 002
  • School Tax District Code 2: HEM
  • Census Tract: 407102

Geography

  • District: 282013
  • Section: 36
  • Parcel: 36-476-00-0104
  • Block: 476
  • Lot: 104
  • Municipality: HEMPSTEAD
  • Latitude: 40.6939
  • Longitude: -73.6091

    Address

  • Full Address: 89 Cliff Ave
  • Address - House Number: 89
  • Address - Street Name: Cliff
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Hempstead
  • Carrier Code: C024
  • 4-Digit Zip Code: 7116
  • Zip Code: 11550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $612,762
  • Tax Rate Code Area: 399

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 586,084
  • High Value: 699,974
  • Low Value: 472,194

    Market Valuation

  • Market Total Value: $373,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373
  • Assessed Land Value: $144
  • Assessed Improvements Value: $229

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-115185
  • Previous Sale Recording Date: Oct 28, 1996
  • Previous Sale Contract Date: Oct 11, 1996
  • Previous Sale Amount: $125,000
  • 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 Hempstead

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

95

Average Home Size

1666 ft²

Average Home Age

81.2 years

Currently For Sale

66 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 67 W Marshall Street, Hempstead, NY, 11550

$4,800 /mo

  • 6 Beds
  • 2 Baths
  • 1,400 ft²
67 W Marshall Street, Hempstead, NY, 11550 Listing by Adriana M. Pinilla
Unit for rent at 650 Winthrop Drive, Uniondale, NY, 11553

$4,900 /mo

  • 3 Beds
  • 3 Baths
  • 1,300 ft²
650 Winthrop Drive, Uniondale, NY, 11553 Listing by Humayoun Shabbir

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 89 Cliff Avenue built and last sold?
The property at 89 Cliff Avenue was built in 1951 and last sold on Aug 10, 2021 for $499,990.
How much is this home worth?
The estimated value of the home located at 89 Cliff Avenue is $504,990.
What are some comparable homes to 89 Cliff Avenue?
There are currently no comparable homes to 89 Cliff Avenue.
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