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East Atlantic Beach 11509 East Atlantic Beach
195 Scott Drive
$1,575,000
● House - Off Market

195 Scott Drive

Hempstead, NY 11509
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$2,054,002
RealtyHop Estimate
28.46%
Since Feb 1, 2021
NY-New York
Primary Model

About This Property

The most beautiful sunsets on the South Shore.This 5 Bedroom 4.5 Bath Colonial nestles in Atlantic Beach. Offers direct access to Reynolds Channel. This renovated, sun filled open concept showcases a gourmet kitchen with wine cooler and breakfast bar. Upper level offers gracious main suite with marble bath and deck with bay views. Ensuite bedroom plus 2 more generous size bedrooms and full bath. Lower level highlights a finished basement with a playroom, office, gym, cedar closet  and large laundry room. 2 car garage. Backyard features a hot tub, built in bar, ice maker and BBQ. Full house generator adds storm resiliency. Short walk to private beach., Additional information: Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,170
HOA Dues
-
Year Built
1967

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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 #KEYL3250016)

Price History

Date / Event Date Event Price
Jan 4, 2021 Sold
Premium
Sold
Oct 30, 2020 In contract -
In contract
Sep 8, 2020 Listed by Petrey AB Corp $1,599,000
Listed by Petrey AB Corp
Sep 8, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 319
  • Garage Type: 10
  • Garage Square Area: 400
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,900
  • Building Area: 2,900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,900
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • Census Tract: 416300

Geography

  • District: 282089
  • Section: 58
  • Parcel: 58-152-00-0032
  • Block: 152
  • Lot: 32
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.589
  • Longitude: -73.7094

    Address

  • Full Address: 195 Scott Dr
  • Address - House Number: 195
  • Address - Street Name: Scott
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Atlantic Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1633
  • Zip Code: 11509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,960,433
  • Tax Rate Code Area: 498

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,670,969
  • High Value: 1,985,561
  • Low Value: 1,356,377

    Market Valuation

  • Market Total Value: $1,222,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,222
  • Assessed Land Value: $473
  • Assessed Improvements Value: $749

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-005730
  • Previous Sale Recording Date: Sep 08, 2004
  • Previous Sale Contract Date: Aug 23, 2004
  • Previous Sale Amount: $1,100,000
  • 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 East Atlantic Beach

Stats & Trends

Median Asking:

$1,799,000

Sale Price/ft²

$712

Below Asking

0.05%

Average Days on Market

101

Average Home Size

2796 ft²

Average Home Age

48.3 years

Currently For Sale

12 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

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$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 800 ft²
47 Brookline Avenue #MAIN, Long Beach, NY 11561 Listing by Sabrina McMahon
Unit for rent at 48 Wyoming Avenue, Long Beach, NY, 11561

$10,000 /mo

  • 2 Beds
  • 1 Bath
48 Wyoming Avenue, Long Beach, NY, 11561 Listing by Kathleen Walsh
Unit for rent at 40 Trenton Avenue, Long Beach, NY, 11561

$10,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,400 ft²
40 Trenton Avenue, Long Beach, NY, 11561 Listing by Laurie West

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 195 Scott Drive built and last sold?
The property at 195 Scott Drive was built in 1967 and last sold on Dec 31, 2020 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 195 Scott Drive is $1,614,990.
What are some comparable homes to 195 Scott Drive?
There are currently no comparable homes to 195 Scott Drive.
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