Off MarketRisky Deal97 days on market
79 Elmwood Avenue
79 Elmwood Avenue, Hempstead, NY 11550, Hempstead, NY 11550
$650,000
Estimate®:$645,800
Listing Price
79 Elmwood Avenue, Hempstead, NY 11550
Loc: Hempstead, NY
Days Listed
97
Tax Assessed
$0k
Estimate®
$646k
Market Rate
Lot Size
8,000 sqft
Rent Estimate
$4,631/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.
5
Northern Parkway Elementary School
PK-5
0.4 mi away
6
Lawrence Road Middle School
6-8
0.7 mi away
4
Uniondale High School
9-12
1.2 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
colonial revivalbrick exteriortwo-storybay windowasphalt shingle roofdetatched garagedrivewayfront entrance porticotraditionalsuburbanresidentialshutters
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.20%
Total ROI
71.9%
Cash Flow
$-554/mo
DSCR
0.84
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-554/mo net cash flow with a 5.2% 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 |
|---|---|---|---|
| 2005-08-29 | Sold | $399,000 | $205 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $389 |
| 2023 | $0 | $389 |
| 2022 | $0 | $389 |
| 2021 | $7,340.71 | $0 |
| 2020 | $7,540.69 | $706 |
| 2019 | $7,216.73 | $706 |
| 2018 | $7,216.73 | $706 |
| 2017 | $6,845.34 | $706 |
| 2016 | $6,563.45 | $706 |
| 2015 | $1,182.24 | $706 |
| 2013 | $1,094.46 | $706 |
| 2012 | $995.25 | $706 |
| 2011 | $3,517.25 | $811 |
| 2010 | $3,386.87 | $883 |
| 2009 | $0 | $964 |
| 2008 | $0 | $910 |
| 2006 | $0 | $859 |
| 2005 | $0 | $1,355 |
| 2004 | $0 | $2,279 |
| 2003 | $0 | $2,279 |
| 2002 | $0 | $4,300 |
| 2001 | $0 | $4,300 |
| 2000 | $0 | $4,300 |
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