1 month on rocket

64 Stewart Ave, Hempstead, NY, 11550

$680,000

Home List Price

$8,075*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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64 Stewart Ave, Hempstead$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Driveway
Year Built1912
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3568055
Lot Size0.06 Acres
StatusActive
(A)

About 64 Stewart Ave

5.78 Cap 2 Family Investment property 100% occupied with Section 8 Tenants under the NYS HCR EHV Program. 1st floor tenants have just renewed 1 year lease in May and 2nd floor tenant renewed a 1 year lease in December. Currently the second floor unit is rented for $2700.00 monthly and the first floor unit is rented for $2,400.00 monthly. The annual gross income is $61,200.00 after expenses the NOI is $40,464.47 representing a 5.78 Cap Rate. The 2nd floor tenant pays 100% of their utilities and 1st floor tenant pays their own electric and Landlord pays on average $250.00 monthly for 1st floor tenants gas. 64 Stewart Avenue is a perfect opportunity for an investor to acquire an income-producing asset.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1912

Listing Office:

  • Office Name: Keystone Realty USA Corp
  • Office Phone: (631) 261-2800

Interior Features

Interior Information:

  • Appliances: Oven, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Private, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000

Tax Information:

  • Annual Amount: $6,161
  • 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

$565K

Med. Price/SqFt

$357

Avg. Days On Market

57

# of Sold Homes

15

64 Stewart Ave vs Hempstead

56 DAYS ON ROCKET

-1 Day

$680,000

+$115K More

KEY TAKEAWAY

This property is $115K more than the Median Sold Price in Hempstead, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3568055

Listing Office:

  • Office Name: Keystone Realty USA Corp
  • Office Phone: (631) 261-2800

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: 9/19/2024, 12:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,161$258
2020$5,651$258
2019$5,821$359
2018$6,042$416
2017$6,163$416

History based on county public records data.

Payment Calculator

$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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-3487124
4
/10

  • Jackson Main Elementary School

  • 451 Jackson St

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-3487125
4
/10

  • Jackson Annex School

  • 380 Jackson St

  • 0.25 miles

  • Public District Grades 1-5

school-card-donut-3487126
3
/10

  • Front Street Elementary School

  • 436 Front St

  • 0.55 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,037. Residents of Hempstead, NY typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Nassau County›Hempstead›11550›64 Stewart Ave

This home is located at 64 Stewart Ave in Hempstead, NY and zip code 11550 in the Town of Hempstead neighborhood. This home, which was built in 1912, sits on a 0.06 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $680,000.

While more than 11 listings in Hempstead, NY in August 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of listings in Hempstead, NY increased by 4% between July 2024 and August 2024. While the average time on the market in August 2024 was 57 days, the median list price was $565,000.

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

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