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32 Stowe Place
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
4
Beds
3
Baths
Interior Living Space (Sq Ft)
1800 sq ft
Lot Size (Sq Ft)
4,000 sq ft
Year Built
1959
Price/Sq Ft (Living Area)
0$
Price/Sq Ft (Lot Size)
195$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
Latest Check
Tax Year
Annual Tax
N/A
Assessed Value
N/A
Last Sale
2006
$460,000
Price History
Zestimate Range
$304k – $818k
+150.6%
since 2016
2016: $326kNow: $818k
Zillow Zestimate history · 115 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Unknown
Zumintel Report
EVALUATED FOR: HOUSE HACK (LTR UNIT)
32 Stowe Place, Hempstead, NY 11550
MULTI_FAMILY•May 18, 2026•MLS #923302
72/100
House Hack Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$780,000
Square Feet
1,800
Year Built
1959
Configuration
4bd / 3ba
Market Context
- Pricing PositionThe median sale price in Hempstead was $680K in March 2026, up 13.6% since last year .
- Liquidity RiskHomes in Hempstead sell after 55 days on the market, compared to 62 days last year .
- NeighborhoodHempstead is a very competitive market .
- Local MarketMedian Neighborhood Price: $643,500 (+4.6% YoY)Market Velocity: Stable • Inventory: Balanced • Avg DOM: 56 days
- Investment PotentialEstimated Rent: $5,120/moCap Rate: 5.12% • 5-Year Growth: +25.2%
Location & Commute
- The property is located in Hempstead, with access to buses N15, N40, and N41.
- It's a ten-minute walk to the Long Island Rail Road (LIRR).
- 1BR avg rent: $2,352/mo | 2BR avg rent: $3,025/mo
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$5,764
Principal & Interest
$3,944Operating Expenses/mo
$1,820House Hack Impact
Estimated Payment$5,764
-Projected Rental Income-$3,490
Net Payment Out-of-Pocket$2,274/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Legal 2-family home with potential for rental income.
- •Tenants pay their own utilities (heat, hot water, electric, and gas).
- •Close to public transportation (buses and LIRR).
Considerations
- •Low Cap Rate based on conservative rent estimates.
- •Property built in 1959, may need updates or repairs.
- •Transit score of 20 indicates limited transit options.
Due Diligence
- •Verify zoning compliance for the finished basement.
- •Confirm the legality of the 3 electric meters and 2 gas meters with the town.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
Upgrade to Pro to see how this property builds (or erodes) wealth and why.
Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
Medium Match
Short-Term
Low Match
Living+STR
High Match
rental
High Match
House Hack
High Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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