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Wantagh 11793 Wantagh
1798 Old Mill Road
$505,000
● House - Off Market

1798 Old Mill Road

Wantagh, NY 11793
bedrooms
3 Beds
bathrooms
1 Bath
$608,035
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Welcome Home! Three bedrooms, 1 full bathroom Ranch on park like property. Eight year young roof, siding and windows. So much more! Do not miss out...
Unit Size
-
Days on Market
102 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$951
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (OneKey MLS #ONE3281616)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Feb 4, 2021 In contract -
In contract
Jan 18, 2021 Listed by Douglas Elliman Real Estate $499,999
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 023

Neighborhood

  • School District Name: Wantagh Union Free School District
  • School Tax School District: 023
  • Census Tract: 415600

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-443-00-0001
  • Block: 443
  • Lot: 1
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6764
  • Longitude: -73.5164

    Address

  • Full Address: 1798 Old Mill Rd
  • Address - House Number: 1798
  • Address - Street Name: Old Mill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wantagh
  • Carrier Code: C011
  • 4-Digit Zip Code: 3243
  • Zip Code: 11793

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,092,316
  • Tax Rate Code Area: 116

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 610,251
  • High Value: 721,469
  • Low Value: 499,032

    Market Valuation

  • Market Total Value: $487,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487
  • Assessed Land Value: $220
  • Assessed Improvements Value: $267

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2021-065931
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 Wantagh

Stats & Trends

Median Asking:

$849,990

Sale Price/ft²

$486

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2008 ft²

Average Home Age

64.9 years

Currently For Sale

19 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 22 Ridgewood Drive, Wantagh, NY, 11793

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,307 ft²
22 Ridgewood Drive, Wantagh, NY, 11793 Listing by Nikoletta Markou

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1798 Old Mill Road built and last sold?
The property at 1798 Old Mill Road was built in 1950 and last sold on Apr 30, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 1798 Old Mill Road is $504,999.
What are some comparable homes to 1798 Old Mill Road?
There are currently no comparable homes to 1798 Old Mill Road.
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