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Merrick 11566 Merrick
12 Whaleneck Drive
$695,000
● House - Off Market

12 Whaleneck Drive

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
3 Baths
$863,411
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Turnkey Waterfront Colonial with 3 Bedrooms and 3 Full Bathrooms, only 40 minutes from NYC! Home features an Open Floor Plan, Large Designer Kitchen, Welcoming Living Room with built in Speakers, Bar and Entertainment Center, Den with Water View, Master Bedroom Ensuite with Vaulted Ceiling and Gorgeous Water Views, Updated Bathrooms, 2nd Floor Laundry Room, Radiant Heat, Fully Fenced Yard, 60 Foot Dock, Taxes being Grieved, and Don't Reflect STAR Savings of $1,484. Enjoy Boating, Kayaking, Fishing, etc. off Your Own 60 Ft. Dock!  Sellers loved Their Home and It Shows!  Watch the Virtual Tour, Additional information: Appearance:Diamond++,Business Located At:,Interior Features:Lr/Dr,Rental Income:,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,994
HOA Dues
-
Year Built
1941

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (OneKey MLS #KEYL3191962)

Price History

Date / Event Date Event Price
Jun 24, 2021 Sold
Premium
Sold
Apr 20, 2021 Sold
Premium
Sold
Dec 16, 2020 In contract -
In contract
Nov 12, 2020 Price Decreased $710,000
↓ $15K (2.1%)
Price Decreased
Sep 15, 2020 Relisted $725,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 5,670
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,587
  • Building Area: 2,587
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,587
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 025

Neighborhood

  • School District Name: Merrick Union Free School District
  • School Tax School District: 025
  • Census Tract: 415202

Geography

  • District: 282089
  • Section: 63
  • Parcel: 63-148-00-0559
  • Block: 148
  • Lot: 559
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.652
  • Longitude: -73.5442

    Address

  • Full Address: 12 Whaleneck Dr
  • Address - House Number: 12
  • Address - Street Name: Whaleneck
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C032
  • 4-Digit Zip Code: 5300
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,398,175
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 886,170
  • High Value: 1,047,540
  • Low Value: 724,800

    Market Valuation

  • Market Total Value: $626,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626
  • Assessed Land Value: $257
  • Assessed Improvements Value: $369

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-083668
  • Previous Sale Recording Date: Sep 11, 1995
  • Previous Sale Contract Date: Aug 24, 1995
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Merrick

Stats & Trends

Median Asking:

$929,000

Sale Price/ft²

$490

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2205 ft²

Average Home Age

65.8 years

Currently For Sale

39 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 317 Bedford Avenue, Bellmore, NY, 11710

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
317 Bedford Avenue, Bellmore, NY, 11710 Listing by Gina M. Padro HFR PSA RSPS SFR SRS
Unit for rent at 1741 Warren Place, Merrick, NY, 11566

$4,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1741 Warren Place, Merrick, NY, 11566 Listing by Shari M. DeLouya CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 12 Whaleneck Drive built and last sold?
The property at 12 Whaleneck Drive was built in 1941 and last sold on Apr 20, 2021 for $723,950.
How much is this home worth?
The estimated value of the home located at 12 Whaleneck Drive is $717,100.
What are some comparable homes to 12 Whaleneck Drive?
There are currently no comparable homes to 12 Whaleneck Drive.
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