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Baldwin 11510 Baldwin
972 Wallace Avenue
$463,000
● House - Off Market

972 Wallace Avenue

North Baldwin, NY 11510
bedrooms
4 Beds
bathrooms
2 Baths
$536,743
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

4 BR, 2 Bath Tudor
Unit Size
-
Days on Market
117 days
Land Size
0.08 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,045
HOA Dues
-
Year Built
1930

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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 #ONE3304104)

Price History

Date / Event Date Event Price
Aug 26, 2021 Sold
Premium
Sold
May 27, 2021 In contract -
In contract
May 25, 2021 Relisted $469,000
Relisted
May 24, 2021 In contract -
In contract
May 7, 2021 Relisted $469,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • 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: 192
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,520
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 010

Neighborhood

  • School District Name: Baldwin Union Free School District
  • School Tax School District: 010
  • Census Tract: 413500

Geography

  • District: 282089
  • Section: 36
  • Parcel: 36-443-00-0546
  • Block: 443
  • Lot: 546-547
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.671
  • Longitude: -73.6037

    Address

  • Full Address: 972 Wallace Ave
  • Address - House Number: 972
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: North Baldwin
  • Carrier Code: C023
  • 4-Digit Zip Code: 2147
  • Zip Code: 11510

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,211,320
  • Tax Rate Code Area: 424

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 514,006
  • High Value: 604,895
  • Low Value: 423,117

    Market Valuation

  • Market Total Value: $404,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404
  • Assessed Land Value: $124
  • Assessed Improvements Value: $280

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-112605
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 Baldwin

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$443

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1583 ft²

Average Home Age

85.5 years

Currently For Sale

29 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 972 Wallace Avenue built and last sold?
The property at 972 Wallace Avenue was built in 1930 and last sold on Aug 11, 2021 for $463,000.
How much is this home worth?
The estimated value of the home located at 972 Wallace Avenue is $0.
What are some comparable homes to 972 Wallace Avenue?
There are currently no comparable homes to 972 Wallace Avenue.
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