Log In/Sign Up
Your email has been sent.
50 Laurel Ave 6 Unit Apartment Building $2,047,417 CAD ($341,236 CAD/Unit) 9.56% Cap Rate Hempstead, NY 11550
INVESTMENT HIGHLIGHTS
- Dense Population no vacancies, easy to rent, Charter School opening directly across the street
EXECUTIVE SUMMARY
Legal 6 Family. BELOW MARKET RENTS.
Fully Rented, all tenants paying. Huge Parking lot can be used for extra income.
Brand new Charter School opening across the street.
Highly Populated area - very easily rentable. 8 Parking spots can fetch $150 per month easily. Just need Lot paved.
50 Laurel
1 $2144.00 2 bedroom - can be $2800 w/ section 8
2 $2862.00 2 bedroom
3 $27578.00 2 bedroom
4 $1850 2 bedroom - CASH - can be $2785 with section 8
Back house
5 $2150.00 2 bedroom CASH - can be $2875 w/ section 8
6 $ 3150.00 4 bedroom CASH - can be $4100 w/ section 8
Fully Rented, all tenants paying. Huge Parking lot can be used for extra income.
Brand new Charter School opening across the street.
Highly Populated area - very easily rentable. 8 Parking spots can fetch $150 per month easily. Just need Lot paved.
50 Laurel
1 $2144.00 2 bedroom - can be $2800 w/ section 8
2 $2862.00 2 bedroom
3 $27578.00 2 bedroom
4 $1850 2 bedroom - CASH - can be $2785 with section 8
Back house
5 $2150.00 2 bedroom CASH - can be $2875 w/ section 8
6 $ 3150.00 4 bedroom CASH - can be $4100 w/ section 8
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$249,010
|
$42.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$249,010
|
$42.48
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$52,569
|
$8.97
|
| Net Operating Income |
$196,441
|
$33.51
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $249,010 |
| Annual Per SF | $42.48 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $249,010 |
| Annual Per SF | $42.48 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $52,569 |
| Annual Per SF | $8.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $196,441 |
| Annual Per SF | $33.51 |
PROPERTY FACTS
| Price | $2,047,417 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $341,236 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 9.56% | Building Size | 5,862 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1926 |
| Zoning | R2 - Low density residential district | ||
| Price | $2,047,417 CAD |
| Price Per Unit | $341,236 CAD |
| Sale Type | Investment |
| Cap Rate | 9.56% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,862 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1926 |
| Zoning | R2 - Low density residential district |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 2013-34-286-00-0143-0 | Improvements Assessment | $3,741 CAD |
| Land Assessment | $1,975 CAD | Total Assessment | $5,716 CAD |
PROPERTY TAXES
Parcel Number
2013-34-286-00-0143-0
Land Assessment
$1,975 CAD
Improvements Assessment
$3,741 CAD
Total Assessment
$5,716 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Mallcom
50 Laurel Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.