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North Merrick 11566 North Merrick
2050 Shaw Drive
$632,500
● House - Off Market

2050 Shaw Drive

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
2 Baths
$917,123
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

How long should you wait to see this beauty?? NOT VERY! This super clean, move-in ready Hi-Ranch on a beautiful street has everything you need to call it a forever home.  Bathrooms, Siding and Windows all redone.  Beautiful updated EIK, brand new CAC and 5 BR.  Sliders out to a sun-drenched deck off the dining room as well as a beautiful paver patio below make for a ton of outdoor entertaining space! Transfer Switch for Whole House Generator (Generator not Included), Additional information: Appearance:Mint++,Business Located At:,Rental Income:,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,221
HOA Dues
-
Year Built
1962

Payment Calculator

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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 #KEYL3178414)

Price History

Date / Event Date Event Price
May 20, 2020 Sold
Premium
Sold
Apr 14, 2020 Sold
Premium
Sold
Feb 27, 2020 In contract -
In contract
Nov 6, 2019 Listed by Signature Premier Properties $645,000
Listed by Signature Premier Properties
Jun 27, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 950
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,224
  • Building Area: 2,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,224
  • 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 029

Neighborhood

  • School District Name: North Merrick Union Free School District
  • School Tax School District: 029
  • Census Tract: 414700

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-A03-00-0041
  • Block: A03
  • Lot: 41
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6889
  • Longitude: -73.5569

    Address

  • Full Address: 2050 Shaw Dr
  • Address - House Number: 2050
  • Address - Street Name: Shaw
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C012
  • 4-Digit Zip Code: 1718
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,423,508
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 778,458
  • High Value: 904,833
  • Low Value: 652,083

    Market Valuation

  • Market Total Value: $557,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557
  • Assessed Land Value: $202
  • Assessed Improvements Value: $355

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-040274

    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 North Merrick

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$514

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2117 ft²

Average Home Age

52 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 1539 Park Avenue, Merrick, NY, 11566

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,386 ft²
1539 Park Avenue, Merrick, NY, 11566 Listing by Lisa J. DeTurris
Unit for rent at 1741 Warren Place, Merrick, NY, 11566

$4,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1741 Warren Place, Merrick, NY, 11566 Listing by Shari M. DeLouya CBR
Unit for rent at 460 Chester St, Uniondale, NY, 11553

$3,000 /mo

  • 3 Beds
  • 1 Bath
460 Chester St, Uniondale, NY, 11553 Listing by Liliam Romero

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 2050 Shaw Drive built and last sold?
The property at 2050 Shaw Drive was built in 1962 and last sold on Apr 14, 2020 for $638,100.
How much is this home worth?
The estimated value of the home located at 2050 Shaw Drive is $651,450.
What are some comparable homes to 2050 Shaw Drive?
There are currently no comparable homes to 2050 Shaw Drive.
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