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Franklin Square 11010 Franklin Square
991 Ferngate Drive
Photo of 991 Ferngate Drive
Sold on Jul 22, 2026

34

Map

Photo of 991 Ferngate Drive
Photo of 991 Ferngate Drive
$880,000
● House - Off Market

991 Ferngate Drive

Hempstead, NY 11010
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,398 Ft²
$5,189
Est. Monthly

About This Property

Beautifully maintained 3/4-bedroom, 3-bath home, offers the perfect blend of comfort and modern updates. The home has a formal dining room and inviting living room. All bathrooms have been newly renovated. The kitchen features sleek stainless-steel appliances, durable corian countertops, and ample cabinetry. The home has numerous updates, including new electric and central air systems. A sliding glass door off the kitchen leads to a fully fenced backyard-perfect for gatherings, outdoor dining, or relaxing in your own private space. Spacious two-car garage featuring a professionally installed car lift-perfect for car enthusiasts, collectors, or those seeking additional storage.
Unit Size
1,398 Ft²
Days on Market
97 days
Land Size
0.14 acres
Price per sqft
$607
Property Type
House
Property Taxes
$1,020
HOA Dues
-
Year Built
1950

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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 months ago (OneKey MLS #KEY984463)

Price History

Date / Event Date Event Price
Jul 22, 2026 Sold
Premium
Sold
Apr 29, 2026 In contract -
In contract
Apr 13, 2026 Listed by Douglas Elliman Real Estate $849,000
Listed by Douglas Elliman Real Estate
Dec 12, 2014 Sold
Premium
Sold
Aug 8, 2014 Listed by Douglas Elliman Real Estate $469,990
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,398
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF FRANKLIN HEATH
  • 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: 35-534-00-0038
  • Block: 534
  • Lot: 38
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6896
  • Longitude: -73.6785

    Address

  • Full Address: 991 Ferngate Dr
  • Address - House Number: 991
  • Address - Street Name: Ferngate
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C013
  • 4-Digit Zip Code: 1803
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $913,886
  • Tax Rate Code Area: 191

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 718,279
  • High Value: 834,542
  • Low Value: 602,016

    Market Valuation

  • Market Total Value: $540,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540
  • Assessed Land Value: $201
  • Assessed Improvements Value: $339

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2014
  • Current Sale Recording Date: Dec 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014121200046

    Financing

  • First Mortgage Financing Type: UNK
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:

$800,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1655 ft²

Average Home Age

70.9 years

Currently For Sale

36 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 1086 Tulip Avenue, Franklin Square, NY, 11010

$4,995 /mo

  • 3 Beds
  • 2 Baths
  • 900 ft²
1086 Tulip Avenue #1, Franklin Square, NY, 11010 Listing by Alka Jain
Unit for rent at 619 Tulip Avenue, Stewart Manor, NY, 11530

$2,975 /mo

  • 1 Bed
  • 1 Bath
  • 595 ft²
619 Tulip Avenue #C2, Stewart Manor, NY, 11530 Listing by Michelle Holmes
Unit for rent at 207 Catherine Avenue, Franklin Square, NY, 11010

$6,500 /mo

  • 5 Beds
  • 2 Baths
  • 1,969 ft²
207 Catherine Avenue, Franklin Square, NY, 11010 Listing by Lucy A. Brunelli

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 991 Ferngate Drive built and last sold?
The property at 991 Ferngate Drive was built in 1950 and last sold on Dec 2, 2014 for $455,000.
How much is this home worth?
The estimated value of the home located at 991 Ferngate Drive is $859,523.
What are some comparable homes to 991 Ferngate Drive?
There are currently no comparable homes to 991 Ferngate Drive.
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