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North Merrick 11566 North Merrick
2054 Sydney
Photo of 2054 Sydney
Sold on Jul 1, 2025

20

Map

Photo of 2054 Sydney
Photo of 2054 Sydney
$715,000
● House - Off Market

2054 Sydney

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,749 Ft²
$4,835
Est. Monthly
8.63%
Cap Rate

About This Property

Wenshaw Park Area 5 bdrm 2 full bath Expanded, rear dormered Cape, approx. 1749 sq ft. Newly finished family room, new architectural roof, new electric outside, new Stove and washing machine. Eat-in kitchen, Formal dining room. Large living room, den with sliders out to yard, room in back for a pavered patio. 2 bedrooms and full bath down. 3 bedrooms up (2 tandem) with large loft area. Partial attic, 3 zone heat. Won't Last!
Unit Size
1,749 Ft²
Days on Market
103 days
Land Size
-
Price per sqft
$417
Property Type
House
Property Taxes
$1,255
HOA Dues
-
Year Built
1949

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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: 2 years ago (OneKey MLS #KEY824683)

Price History

Date / Event Date Event Price
Jul 1, 2025 Sold
Premium
Sold
Apr 8, 2025 In contract -
In contract
Feb 14, 2025 Listed by Douglas Elliman Real Estate $729,000
Listed by Douglas Elliman Real Estate
Sep 20, 2024 Withdrawn -
Withdrawn
Apr 11, 2024 Listed by Douglas Elliman Real Estate $629,000
Listed by Douglas Elliman Real Estate
Location, Location, Location! 5 bedroom 2 full bath over 1700 sq ft rear dormered Wenshaw Park Area beauty! Foyer, Living Room, Den, Kitchen, Formal Dining Room, 1st floor laundry room! 3 zone heat! North Merrick Schools! Won't Last!
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,749
  • Building Area: 1,749
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,749
  • 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 029

Neighborhood

  • School District Name: Bellmore-Merrick Central High School District
  • School Tax School District: 029
  • Census Tract: 414700

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-437-00-0017
  • Block: 437
  • Lot: 17
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6877
  • Longitude: -73.5562

    Address

  • Full Address: 2054 Sydney Dr
  • Address - House Number: 2054
  • Address - Street Name: Sydney
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C012
  • 4-Digit Zip Code: 1722
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,197,330
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 714,784
  • High Value: 830,130
  • Low Value: 599,438

    Market Valuation

  • Market Total Value: $536,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536
  • Assessed Land Value: $220
  • Assessed Improvements Value: $316

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2003
  • Current Sale Recording Date: Oct 09, 2003
  • Current Sale Price:
    Premium
  • Current 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 Merrick

Stats & Trends

Median Asking:

$799,389

Sale Price/ft²

$511

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2094 ft²

Average Home Age

53.1 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 607 Nassau Street, Bellmore, NY, 11710

$6,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,438 ft²
607 Nassau Street, Bellmore, NY, 11710 Listing by Alejandro A. Negron

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 2054 Sydney Drive built and last sold?
The property at 2054 Sydney Drive was built in 1949 and last sold on Sep 19, 2003 for $307,000.
How much is this home worth?
The estimated value of the home located at 2054 Sydney Drive is $0.
What are some comparable homes to 2054 Sydney Drive?
There are currently no comparable homes to 2054 Sydney Drive.
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