For SaleNeutral Deal6 days on market
29 Elm Avenue
29 Elm Avenue, Hempstead, NY 11550, Hempstead, NY 11550
$949,000
Listing Price
29 Elm Avenue, Hempstead, NY 11550
Loc: Hempstead, NY
Days Listed
6
Tax Assessed
$392k
Lot Size
10,000 sqft
Type
multi 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.
6
Joseph McNeil School
1-6
0.3 mi away
3
Alverta B Gray Schultz Middle School
7-8
0.4 mi away
3
Hempstead High School
9-12
0.4 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
craftsmantwo-storycovered front porchblack and white exteriorstone foundationvertical sidinglandscaped gardenlarge porch swingtraditionalcharmingcurb appealresidentialwell-maintainedsuburban
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.33%
Total ROI
96.5%
Cash Flow
$83/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $83/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $949,000 | $537 |
| 2026-09-18 | Listing removed | $879,000 | $497 |
| 2026-07-23 | Pending sale | $879,000 | $497 |
| 2026-06-24 | Price change | $879,000 | $497 |
| 2026-06-17 | Listed for sale | $799,000 | $452 |
| 2020-04-28 | Listing removed | $399,000 | $226 |
| 2019-12-16 | Sold | $375,000 | $212 |
| 2019-11-14 | Listed for sale | $399,000 | $226 |
| 2019-11-14 | Pending sale | $399,000 | $226 |
| 2019-11-13 | Listed for sale | $399,000 | $226 |
| 2019-11-13 | Pending sale | $399,000 | $226 |
| 2019-11-11 | Price change | $399,000 | $226 |
| 2019-08-13 | Price change | $389,000 | $220 |
| 2019-05-21 | Listed for sale | $399,000 | $226 |
| 2019-03-29 | Sold | $210,000 | $119 |
| 2019-02-04 | Price change | $199,000 | $113 |
| 2019-01-17 | Price change | $239,000 | $135 |
| 2018-09-14 | Listed for sale | $265,000 | $150 |
| 2010-09-22 | Listing removed | $159,000 | $90 |
| 2010-09-02 | Price change | $159,000 | $90 |
| 2010-07-11 | Listed for sale | $189,000 | $107 |
| 2006-07-12 | Sold | $370,000 | $209 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $392 |
| 2023 | $0 | $337 |
| 2022 | $0 | $317 |
| 2021 | $9,454.47 | $0 |
| 2020 | $9,632.38 | $571 |
| 2019 | $9,007.75 | $571 |
| 2018 | $9,007.75 | $571 |
| 2017 | $8,459.08 | $571 |
| 2016 | $7,998.22 | $571 |
| 2015 | $956.2 | $571 |
| 2013 | $885.18 | $571 |
| 2012 | $804.93 | $571 |
| 2011 | $5,797.83 | $675 |
| 2010 | $5,327.59 | $747 |
| 2009 | $0 | $810 |
| 2008 | $0 | $765 |
| 2006 | $0 | $722 |
| 2005 | $0 | $1,175 |
| 2004 | $0 | $1,799 |
| 2003 | $0 | $1,885 |
| 2002 | $0 | $2,900 |
| 2001 | $0 | $2,900 |
| 2000 | $0 | $2,900 |
Similar Properties Nearby
Explore other investment opportunities in Hempstead.