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North Bellmore 11566 North Bellmore
1670 Walnut Avenue
Photo of 1670 Walnut Avenue
Sold on Oct 13, 2022

9

Map

Photo of 1670 Walnut Avenue
Photo of 1670 Walnut Avenue
$1,475,000
● House - Off Market

1670 Walnut Avenue

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,123 Ft²
$1,464,930
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Oversized Luxurious New Home in the N.Merrick SD Being Built Now by Experienced Builder. This Modern Farmhouse Colonial is Larger than the ordinary local New Build with Over 4,000 sq ft of Living Space on a 75x135 Lot. 4 Bedrooms with an Abundance of Closet Space. Master-En-Suite with His & Her Walk-In-Closets, and 5-Piece Master Bathroom w/Radiant Heat. 3 Full Bathrooms in all, Plus a Half Bath. White & Grey Styled Kitchen with Island, Shaker Cabinets, Caesarstone Counters, Subway Tile Backsplash, and Viking Appliances. Unique Floorplan Includes Home Office with Separate Entrance, 2 Additional Full Bathrooms on 2nd Flr, Mud Room off Garage Entry, Family Room w/Gas Fireplace, and a 2nd Flr Laundry Room. Hardwood Flooring & Crown Moldings. 8ft High Ceiling Full Basement. Charming Curb Appeal with Front Porch, Shake Vinyl Siding with Accents of Board & Batten, Standing Seam Roofing, and Black Gutters. Two Car Garage. Gas Fueled Hydro Air Heating System., Additional information: Appearance:Brand New
Unit Size
4,123 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$340
Property Type
House
Property Taxes
$1,036
HOA Dues
-
Year Built
1928

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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: 2 years ago (OneKey MLS #KEYL3391115)

Price History

Date / Event Date Event Price
Oct 13, 2022 Sold
Premium
Sold
Apr 24, 2022 In contract -
In contract
Apr 13, 2022 Listed by Douglas Elliman Real Estate $1,399,999
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,634
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,035
  • Building Area: 1,035
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,035
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000313
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: LOTS 143,618-619 TOWN #1 SCH DIST 029

Neighborhood

  • School District Name: North Merrick Union Free School District
  • School Tax School District: 029
  • Census Tract: 414800

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-046-00-0143
  • Block: 46
  • Lot: 143
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6783
  • Longitude: -73.5483

    Address

  • Full Address: 1670 Walnut Ave
  • Address - House Number: 1670
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Merrick
  • Carrier Code: C017
  • 4-Digit Zip Code: 2219
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $690,001
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 654,632
  • High Value: 768,560
  • Low Value: 540,705

    Market Valuation

  • Market Total Value: $457,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457
  • Assessed Land Value: $317
  • Assessed Improvements Value: $140

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-105937
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Contract Date: Oct 11, 2017
  • Previous Sale Document Type: 27
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 North Bellmore

Stats & Trends

Median Asking:

$800,000

Sale Price/ft²

$484

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1909 ft²

Average Home Age

60.7 years

Currently For Sale

31 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 201 Stuyvesant Avenue, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,244 ft²
201 Stuyvesant Avenue, Merrick, NY, 11566 Listing by Kevin Coons
Unit for rent at 2171 Washington Street, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,526 ft²
2171 Washington Street, Merrick, NY, 11566 Listing by Cathy Stone CBR
Unit for rent at 757 757 Leslie Lane, East Meadow, NY, 11554

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,675 ft²
757 757 Leslie Lane, East Meadow, NY, 11554 Listing by Qun D. Lin

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1670 Walnut Avenue built and last sold?
The property at 1670 Walnut Avenue was built in 1928 and last sold on Oct 13, 2022 for $1,475,000.
How much is this home worth?
The estimated value of the home located at 1670 Walnut Avenue is $0.
What are some comparable homes to 1670 Walnut Avenue?
There are currently no comparable homes to 1670 Walnut Avenue.
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