For SaleRisky Deal14 days on market
38 Fern Street
38 Fern Street, Floral Park, NY 11001, Floral Park, NY 11001
$1,149,000
Listing Price
38 Fern Street, Floral Park, NY 11001
Loc: Floral Park, NY
Days Listed
14
Tax Assessed
$697k
Lot Size
5,850 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.
9
John Lewis Childs School
PK-6
0.7 mi away
5
Sewanhaka High School
7-12
0.2 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
colonialvinyl sidinggabled roofbrick walkwaylandscapedsuburbancozytwo-storydormer windowcovered porchmature treescharming
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.00%
Total ROI
89.2%
Cash Flow
$-218/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-218/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Floral Park
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 |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $1,149,000 | $485 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $697 |
| 2023 | $0 | $774 |
| 2022 | $0 | $776 |
| 2021 | $11,065.72 | $0 |
| 2020 | $10,811.67 | $979 |
| 2019 | $11,074.46 | $1,049 |
| 2018 | $11,074.46 | $1,119 |
| 2017 | $11,105.48 | $1,189 |
| 2016 | $12,886.97 | $1,396 |
| 2015 | $2,072.72 | $1,396 |
| 2013 | $1,901.71 | $1,396 |
| 2012 | $1,802.16 | $1,396 |
| 2011 | $7,733.48 | $1,396 |
| 2010 | $7,110.31 | $1,463 |
| 2009 | $0 | $1,747 |
| 2008 | $0 | $1,707 |
| 2006 | $0 | $1,672 |
| 2005 | $0 | $2,650 |
| 2004 | $0 | $4,560 |
| 2003 | $0 | $4,560 |
| 2002 | $0 | $10,320 |
| 2001 | $0 | $10,320 |
| 2000 | $0 | $10,320 |
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