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Hewlett Harbor 11557 Hewlett Harbor
1290 Seawane Drive
$1,000,000
● Land - Off Market

1290 Seawane Drive

Hempstead, NY 11557
bedrooms
Studio
bathrooms
0 Bath
$2,283,884
RealtyHop Estimate
26.95%
Since Mar 1, 2021
NY-New York
Primary Model

About This Property

Prime Waterfront Location in Hewlett Harbor. 1.26 Acres on Deep Water Part of Macy Channel. 175' Bulkhead.Build the home pf Your Dreams! Tax Grievance Filed.SD#14(Hewlett-Woodmere
Unit Size
-
Days on Market
-
Land Size
1.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4,445
HOA Dues
-
Year Built
1926

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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 #KEYL3219007)

Price History

Date / Event Date Event Price
Feb 25, 2021 Sold
Premium
Sold
Oct 14, 2020 In contract -
In contract
Jun 2, 2020 Listed by Douglas Elliman Real Estate $1,799,000
Listed by Douglas Elliman Real Estate
Jul 20, 2015 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 54,973
  • Total Building Area: 4,506
  • Building Area: 4,506
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,506
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001262
  • Standard Land Use Code: 8001
  • County Land Use Code: 3111
  • Legal Description 1: TOWN #1 SCH DIST 014

Neighborhood

  • School District Name: Hewlett-Woodmere Union Free School District
  • School Tax School District: 014
  • School Tax District Code 2: HH
  • Census Tract: 411500

Geography

  • District: 282017
  • Section: 42
  • Parcel: 42-00K-00-0034
  • Block: K
  • Lot: 34
  • Municipality: HEWLETT HARBOR
  • Latitude: 40.6329
  • Longitude: -73.691

    Address

  • Full Address: 1290 Seawane Dr
  • Address - House Number: 1290
  • Address - Street Name: Seawane
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Hewlett
  • Carrier Code: C003
  • 4-Digit Zip Code: 2649
  • Zip Code: 11557

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,272,925
  • Tax Rate Code Area: 174

    Market Valuation

  • Market Total Value: $900,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $900
  • Assessed Land Value: $900

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-039630
  • Previous Sale Recording Date: Jul 20, 2015
  • Previous Sale Contract Date: Jun 10, 2015
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: 12
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 Five Towns

Stats & Trends

Median Asking:

$1,200,000

Sale Price/ft²

$559

Below Asking

0.02%

Average Days on Market

102

Average Home Size

3387 ft²

Average Home Age

72.1 years

Currently For Sale

148 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 5 Freer Street, Lynbrook, NY, 11563

$2,695 /mo

  • Studio
  • 1 Bath
  • 471 ft²
5 Freer Street #427, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge
Unit for rent at 867 Bryant Street, Woodmere, NY, 11598

$7,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,206 ft²
867 Bryant Street, Woodmere, NY, 11598 Listing by Lisa Scheininger
Unit for rent at 309 Franklin Avenue, Hewlett, NY, 11557

$6,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,386 ft²
309 Franklin Avenue, Hewlett, NY, 11557 Listing by Gitelle Steinfeld

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 1290 Seawane Drive built and last sold?
The property at 1290 Seawane Drive was built in 1926 and last sold on Feb 25, 2021 for $992,000.
How much is this home worth?
The estimated value of the home located at 1290 Seawane Drive is $1,816,990.
What are some comparable homes to 1290 Seawane Drive?
There are currently no comparable homes to 1290 Seawane Drive.
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