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Duplex with 6 Bedrooms and New Roof

14 Vanata Court Hempstead, NY 11550

14 Vanata Court, Hempstead, NY, 11550
$699,000
For Sale
$699,000

Duplex home near Hempstead amenities, featuring a versatile layout and a new roof installed in 2025.

Property Size2,211 SF
Lot Size0.12 Acres
Price / SF$316.15
Days on Market15

Property Features for 14 Vanata Court

General Information

Standard status
Active
Size
2,211 SF
Lot size
0.12 Acres
Property subtype
Duplex

Building Details

Year Built
1963
Listing agency Coldwell Banker American Homes
Listed by Diane Douglas
Source Compass
Added: Jul 7 Updated: Jul 21 at 7:28AM Checked: Jul 21 at 7:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker American Homes


Investment Insights

Based on property information with market context.

14 Vanata Court is a spacious duplex-style residential income property built in 1963, offering 6 bedrooms and 2.5 bathrooms with a versatile floorplan designed for flexible living arrangements. A new roof was installed in 2025, and the home sits on a 0.1225-acre lot with mature landscaping and attractive curb appeal.

Located in Hempstead, the property is described as convenient to shopping, dining, parks, transportation, healthcare facilities, and major educational institutions, including Hofstra University, Nassau Community College, and Molloy University.

With generous interior space and the ability to personalize updates over time, this home presents a practical option for buyers seeking additional room and long-term use on a residential income property.

Key Highlights

  • 6‑bedroom, 2.5‑bath residence with a finished, full basement
  • New roof installed in 2025
  • First‑floor bedroom and first‑floor full bath for added flexibility

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $63.7k $28.80
− Vacancy −$3.5k −$1.58
EGI $60.2k $27.22
− OpEx −$18.1k −$8.16
NOI $42.1k $19.05
2,211 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$601.7K
$526.5K – $702.0K (±1% cap)
NOI $42,122 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$563.4K
$493.0K – $657.3K (±1% cap)
NOI $39,439 @ 7.0% cap · market cap 5.64%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,331 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Catering Service Florist HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Tech Support Center (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex home near Hempstead amenities, featuring a versatile layout and a new roof installed in 2025.
Where is this duplex located?
The property is located at 14 Vanata Court Hempstead, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6‑bedroom, 2.5‑bath residence with a finished, full basement; New roof installed in 2025; First‑floor bedroom and first‑floor full bath for added flexibility
Contact an agent
More about this property
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