For SaleRisky Deal4 days on market
48 Milburn Avenue
48 Milburn Avenue, Hempstead, NY 11550, Hempstead, NY 11550
$749,999
Listing Price
48 Milburn Avenue, Hempstead, NY 11550
Loc: Hempstead, NY
Days Listed
4
Tax Assessed
$380k
Lot Size
5,700 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Joseph McNeil School
1-6
0.6 mi away
3
Alverta B Gray Schultz Middle School
7-8
0.6 mi away
3
Hempstead High School
9-12
1.1 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
cape cod stylevinyl sidingdormer windowsingle family homeattached garagefront lawnwalkwayresidentialtwo-storytraditionalcozysuburbanexterior light fixtures
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.17%
Total ROI
93.0%
Cash Flow
$-35/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-35/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Hempstead
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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $749,999 | $483 |
| 2026-04-30 | Listing removed | $0 | – |
| 2026-04-05 | Pending sale | $579,999 | $373 |
| 2026-02-26 | Listed for sale | $579,999 | $373 |
| 2025-04-17 | Sold | $474,260 | $305 |
| 2019-10-28 | Listing removed | $296,000 | $191 |
| 2019-10-02 | Listed for sale | $296,000 | $191 |
| 2017-05-01 | Sold | $1,000 | $1 |
| 2001-07-13 | Sold | $127,200 | $82 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $380 |
| 2023 | $0 | $380 |
| 2022 | $0 | $380 |
| 2021 | $7,169.43 | $0 |
| 2020 | $7,359.13 | $689 |
| 2019 | $7,042.94 | $689 |
| 2018 | $7,042.94 | $689 |
| 2017 | $6,680.5 | $689 |
| 2016 | $6,405.4 | $689 |
| 2015 | $1,153.79 | $689 |
| 2013 | $1,068.09 | $689 |
| 2012 | $971.27 | $689 |
| 2011 | $4,298.65 | $792 |
| 2010 | $4,022.81 | $835 |
| 2009 | $0 | $927 |
| 2008 | $0 | $875 |
| 2006 | $0 | $826 |
| 2005 | $0 | $1,306 |
| 2004 | $0 | $1,960 |
| 2003 | $0 | $1,960 |
| 2002 | $0 | $4,650 |
| 2001 | $0 | $4,650 |
| 2000 | $0 | $4,650 |
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