For SaleRisky Deal56 days on market
171 Allen Street
171 Allen Street, Hempstead, NY 11550, Hempstead, NY 11550
$599,999
Estimate®:$613,300$13,301 Under Market
Listing Price
171 Allen Street, Hempstead, NY 11550
Loc: Hempstead, NY
Days Listed
56
Tax Assessed
$363k
Estimate®
$613k
2% Under Valued
Lot Size
5,000 sqft
Rent Estimate
$3,936/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Grand Avenue Elementary School
PK-5
0.4 mi away
6
Lawrence Road Middle School
6-8
0.3 mi away
4
Uniondale High School
9-12
2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranchsingle-family homebrick facadedetached garagepaver walkwaywell-manicured lawnvinyl sidinglandscaped shrubscozyresidentialtraditionaldriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.67%
Total ROI
60.4%
Cash Flow
$-778/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-778/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Hempstead, NY
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-07 | Price change | $599,999 | $522 |
| 2026-07-30 | Listed for sale | $575,000 | $500 |
| 2002-09-11 | Sold | $224,000 | $195 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $363 |
| 2023 | $0 | $365 |
| 2022 | $0 | $365 |
| 2021 | $6,557.7 | $0 |
| 2020 | $6,632.82 | $621 |
| 2019 | $6,347.87 | $621 |
| 2018 | $6,347.87 | $621 |
| 2017 | $6,021.16 | $621 |
| 2016 | $5,773.23 | $621 |
| 2015 | $1,039.91 | $621 |
| 2013 | $962.68 | $621 |
| 2012 | $875.42 | $621 |
| 2011 | $2,990.77 | $714 |
| 2010 | $2,866.56 | $775 |
| 2009 | $0 | $901 |
| 2008 | $0 | $850 |
| 2006 | $0 | $802 |
| 2005 | $0 | $1,307 |
| 2004 | $0 | $1,928 |
| 2003 | $0 | $1,928 |
| 2002 | $0 | $4,100 |
| 2001 | $0 | $4,300 |
| 2000 | $0 | $4,800 |
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