For SaleNeutral Deal98 days on market
104 Grove Street
104 Grove Street, Hempstead, NY 11550, Hempstead, NY 11550
$849,000
Listing Price
104 Grove Street, Hempstead, NY 11550
Loc: Hempstead, NY
Days Listed
98
Tax Assessed
$0k
Lot Size
9,750 sqft
Type
multi 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.
N/A
Prospect Elementary School
PK-K
0.1 mi away
3
Alverta B Gray Schultz Middle School
7-8
0.2 mi away
3
Hempstead High School
9-12
0.7 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
colonialtwo-storyvinyl sidingfront porchcovered porchresidentialfront yardwalkwaytraditionalsuburbanasphalt shingle roofmulti-family home
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.30%
Total ROI
95.8%
Cash Flow
$53/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $53/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 |
|---|---|---|---|
| 2026-06-19 | Listed for sale | $849,000 | $435 |
| 2026-03-14 | Listing removed | $849,000 | $435 |
| 2026-01-14 | Listed for sale | $849,000 | $435 |
| 2024-07-16 | Sold | $715,000 | $366 |
| 2024-05-06 | Pending sale | $699,880 | $359 |
| 2024-04-16 | Listed for sale | $699,880 | $359 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $365 |
| 2023 | $0 | $359 |
| 2022 | $0 | $365 |
| 2021 | $7,284.59 | $0 |
| 2020 | $6,174.17 | $366 |
| 2019 | $6,594.14 | $392 |
| 2018 | $6,594.14 | $418 |
| 2017 | $6,577.63 | $444 |
| 2016 | $6,583.47 | $470 |
| 2015 | $830.59 | $496 |
| 2013 | $804.57 | $519 |
| 2012 | $821.86 | $583 |
| 2011 | $6,124.23 | $713 |
| 2010 | $6,090.71 | $854 |
| 2009 | $0 | $985 |
| 2008 | $0 | $930 |
| 2006 | $0 | $878 |
| 2005 | $0 | $1,454 |
| 2004 | $0 | $2,159 |
| 2003 | $0 | $2,159 |
| 2002 | $0 | $4,260 |
| 2001 | $0 | $4,260 |
| 2000 | $0 | $4,260 |
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