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Mineola 11501 Mineola
141 Marcellus Road
$555,000
● House - Off Market

141 Marcellus Road

North Hempstead, NY 11501
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$820,333
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

**Location, Location, Location** Great Colonial In Park Section Of Mineola. Mid-Block On A Tree Lined Street. Cozy Front Porch, Living Room With Wood Burning Fire Place, Formal Dining Room, Eat In Kitchen, Large Master Bedroom, Gas Heat & Gas Hot Water Heater, All Replacement Windows, Brick Patio In Yard. Close To Park, Library, Schools, & Lirr, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$466
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1925

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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: 5 months ago (OneKey MLS #KEYL3099658)

Price History

Date / Event Date Event Price
Jul 17, 2019 Sold
Premium
Sold
Feb 9, 2019 Listed by Keller Williams Realty Greater $559,000
Listed by Keller Williams Realty Greater
Apr 27, 2007 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,157
  • Building Area: 1,157
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,157
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 010

Neighborhood

  • School District Name: Mineola Union Free School District
  • School Tax School District: 010
  • School Tax District Code 2: MI
  • Census Tract: 303600

Geography

  • District: 282223
  • Section: 9
  • Parcel: 09-390-00-0006
  • Block: 390
  • Lot: 6
  • Municipality: MINEOLA
  • Latitude: 40.7422
  • Longitude: -73.6454

    Address

  • Full Address: 141 Marcellus Rd
  • Address - House Number: 141
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mineola
  • Carrier Code: C006
  • 4-Digit Zip Code: 2327
  • Zip Code: 11501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $909,087
  • Tax Rate Code Area: 702

    Appraisal Valuation

  • Standard Deviation: 0.16
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 80
  • Final Value: 696,926
  • High Value: 808,435
  • Low Value: 585,417

    Market Valuation

  • Market Total Value: $531,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $531
  • Assessed Land Value: $278
  • Assessed Improvements Value: $253

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-059083
  • Previous Sale Recording Date: Apr 27, 2007
  • Previous Sale Contract Date: Apr 20, 2007
  • Previous Sale Amount: $429,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Mineola

Stats & Trends

Median Asking:

$849,000

Sale Price/ft²

$542

Below Asking

0.02%

Average Days on Market

95

Average Home Size

1264 ft²

Average Home Age

65.2 years

Currently For Sale

36 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 101 Searing Avenue, Mineola, NY, 11501

$6,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,499 ft²
101 Searing Avenue #307, Mineola, NY, 11501 Listing by Julia Krispeal
Unit for rent at 74 Mulberry Ave., Garden City, NY, 11530

$7,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,102 ft²
74 Mulberry Ave., Garden City, NY, 11530 Listing by Laura S. Carroll
Unit for rent at 2 Tottenham Place, New Hyde Park, NY, 11040

$4,700 /mo

  • 2 Beds
  • 2 Baths
  • 2,230 ft²
2 Tottenham Place #1FL, New Hyde Park, NY, 11040 Listing by Celia M. Santos

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 141 Marcellus Road built and last sold?
The property at 141 Marcellus Road was built in 1925 and last sold on Jul 10, 2019 for $555,000.
How much is this home worth?
The estimated value of the home located at 141 Marcellus Road is $571,898.
What are some comparable homes to 141 Marcellus Road?
There are currently no comparable homes to 141 Marcellus Road.
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