4 months on rocket

22 Virginia Ave, Hempstead, NY, 11550

$1,250,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
4,320 SqFt
$289/SqFt
Multi

Location

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22 Virginia Ave, Hempstead$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1950
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3568033
Lot Size0.09 Acres
StatusActive
(A)

About 22 Virginia Ave

Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find. Located just minutes from the Southern State Parkway, Mercy Hospital, and local schools, it offers the perfect combination of convenience and steady rental income. The building features four two-bedroom apartments, all currently leased with contracts running through March and May 2025. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed just last year, adds to the property's appeal, along with upgraded utilities, including four separate gas and electric meters, heating systems, and hot water heaters-all updated within the past four years. Please note that the property is tenant-occupied, and access is limited to the basement only. Street parking is available, making it a functional and accessible space for renters. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1950
  • Living Area: 4,320 SqFt

Listing Office:

  • Office Name: Howard Hanna Coach
  • Office Phone: (516) 352-7333

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $289/SqFt

Tax Information:

  • Annual Amount: $20,280
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hempstead, NY.

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Hempstead, NY

City

Med. Sold Price

$582.5K

Med. Price/SqFt

$365

Avg. Days On Market

87

# of Sold Homes

22

22 Virginia Ave vs Hempstead

120 DAYS ON ROCKET

+33 Days

$1,250,000

+$667.5K More

$289/SqFt

-$77 Less

KEY TAKEAWAY

This property is $667.5K more than the Median Sold Price and $77/SqFt less than other homes in Hempstead, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3568033

Listing Office:

  • Office Name: Howard Hanna Coach
  • Office Phone: (516) 352-7333

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 5:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2006Home Sold
$495,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,280$3,313
2020$25,235$3,313
2019$24,420$3,360
2018$24,905$3,360
2017$24,396$3,360

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-682290
3
/10

  • Joseph Mcneil School

  • 335 S Franklin St

  • 0.33 miles

  • Public District Grades 1-6

school-card-donut-682291
3
/10

  • David Paterson School

  • 40 Fulton Ave

  • 0.80 miles

  • Public District Grades 1-6

school-card-donut-682292
7
/10

  • William S. Covert Elementary School

  • 379 Willow St

  • 0.89 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,065. The most common annual income of people living in Hempstead, NY is between $100k-200k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Nassau County›Hempstead›11550›22 Virginia Ave

This home is located at 22 Virginia Ave in Hempstead, NY and zip code 11550 in the Town of Hempstead neighborhood. This 4,320 square foot home, which was built in 1950, sits on a 0.09 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $1,250,000.

In October 2024 more than 14 listings in Hempstead, NY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Hempstead, NY between September 2024 and October 2024 increased by 7.7%. Listings spent 87 days on the market in October 2024, and had a median list price of $582,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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