For SaleRisky Deal27 days on market
231 Cedar Street
231 Cedar Street, Hempstead, NY 11550, Hempstead, NY 11550
$675,000
Listing Price
231 Cedar Street, Hempstead, NY 11550
Loc: Hempstead, NY
Days Listed
27
Tax Assessed
$0k
Lot Size
7,200 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.
5
California Avenue Elementary School
PK-5
0.4 mi away
6
Lawrence Road Middle School
6-8
1.1 mi away
4
Uniondale 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 sidingsuburbanresidentialdrivewaygabled rooflandscaped lawnprivate white fencingcozysingle-family homeshingle roofwell-maintainedfront porch
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.10%
Total ROI
91.4%
Cash Flow
$-73/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-73/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • 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 |
|---|---|---|---|
| 2026-08-28 | Listed for sale | $675,000 | $563 |
| 2004-10-15 | Sold | $345,000 | $288 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $371 |
| 2023 | $0 | $371 |
| 2022 | $0 | $371 |
| 2021 | $4,453.37 | $0 |
| 2020 | $3,716.95 | $348 |
| 2019 | $4,058.12 | $373 |
| 2018 | $4,058.12 | $397 |
| 2017 | $4,091.69 | $422 |
| 2016 | $4,155.59 | $447 |
| 2015 | $790.4 | $472 |
| 2013 | $750.31 | $484 |
| 2012 | $682.28 | $484 |
| 2011 | $2,779.09 | $675 |
| 2010 | $3,112.26 | $826 |
| 2009 | $0 | $946 |
| 2008 | $0 | $893 |
| 2006 | $0 | $843 |
| 2005 | $0 | $1,362 |
| 2004 | $0 | $1,930 |
| 2003 | $0 | $1,930 |
| 2002 | $0 | $4,750 |
| 2001 | $0 | $4,750 |
| 2000 | $0 | $4,750 |
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