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North Merrick 11566 North Merrick
1940 Croydon Drive
Photo of 1940 Croydon Drive
Sold on Aug 29, 2025

25

Map

Photo of 1940 Croydon Drive
Photo of 1940 Croydon Drive
$825,000
● House - Off Market

1940 Croydon Drive

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,345 Ft²
$5,074
Est. Monthly
5.55%
Cap Rate

About This Property

Heart Of Much Desired "Briarcliff"! Amazing New Englander with classic style and a modern, open floorplan with updates galore...And a stunning newly done shaker style vaulted kitchen with chefs appliances and a fabulous granite center island! The sweeping open plan allows a convertible lifestyle with space for a formal dining room and cozy living room with fireplace. A 4th Bedroom on the main works as a beautiful den as well while the basement offers plenty of storage plus home office and playroom areas. Add to all this 200 amp service, exterior lighting, a smart house thermostat, a detached garage and a serene private yard with waterfall and you have truly the home of your dreams. Nestled in the heart of premier Briarcliff and close to everything this surely wont last long!
Unit Size
1,345 Ft²
Days on Market
155 days
Land Size
0.13 acres
Price per sqft
$587
Property Type
House
Property Taxes
$1,199
HOA Dues
-
Year Built
1946

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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 #KEY836406)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Premium
Sold
Apr 25, 2025 In contract -
In contract
Mar 17, 2025 Listed by Douglas Elliman Real Estate $789,000
Listed by Douglas Elliman Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • 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: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,345
  • Building Area: 1,345
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,345
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 029

Neighborhood

  • School District Name: North Merrick Union Free School District
  • School Tax School District: 029
  • Census Tract: 414600

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-B09-00-0091
  • Block: B09
  • Lot: 91
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6789
  • Longitude: -73.5613

    Address

  • Full Address: 1940 Croydon Dr
  • Address - House Number: 1940
  • Address - Street Name: Croydon
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C008
  • 4-Digit Zip Code: 2302
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,162,221
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 668,552
  • High Value: 776,437
  • Low Value: 560,667

    Market Valuation

  • Market Total Value: $497,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497
  • Assessed Land Value: $206
  • Assessed Improvements Value: $291

    Exemptions

  • Homeowner Exemption: Yes
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 Merrick

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$511

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2310 ft²

Average Home Age

50.1 years

Currently For Sale

18 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 402 Leslie Lane, Uniondale, NY, 11553

$4,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,206 ft²
402 Leslie Lane, Uniondale, NY, 11553 Listing by Yvrose Cadet
Unit for rent at 748 Leslie Lane, East Meadow, NY, 11554

$4,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,668 ft²
748 Leslie Lane, East Meadow, NY, 11554 Listing by Jessica Y. Liu CBR
Unit for rent at 650 Winthrop Drive, Uniondale, NY, 11553

$4,900 /mo

  • 3 Beds
  • 3 Baths
  • 1,300 ft²
650 Winthrop Drive, Uniondale, NY, 11553 Listing by Humayoun Shabbir

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 1940 Croydon Drive built and last sold?
The property at 1940 Croydon Drive was built in 1946 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1940 Croydon Drive is $791,462.
What are some comparable homes to 1940 Croydon Drive?
There are currently no comparable homes to 1940 Croydon Drive.
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