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Wantagh 11793 Wantagh
2656 Riverside Drive
$450,000
● House - Off Market

2656 Riverside Drive

Hempstead, NY 11793
bedrooms
2 Beds
bathrooms
1 Bath
$751,254
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Waterfront Property With Brand New 60 Ft Bulkhead And Floating Dock! This Property Comes Complete With Plans For Over 4400 Sq Ft Home With Additional 2200 Sq Ft Storage. House As Is Which Is A Cute And Livable 2 Br House. Great Opportunity To Get In To An Oversized Property With Open Water In Mandalay! Stunning Views!, Additional information: Appearance:Exc,Interior Features:Lr/Dr,Separate Hotwater Heater:No
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,380
HOA Dues
-
Year Built
1930

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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: 6 months ago (OneKey MLS #KEYL3067614)

Price History

Date / Event Date Event Price
Nov 28, 2018 Sold
Premium
Sold
Sep 24, 2018 Listed by Stacy Cox Inc $495,000
Listed by Stacy Cox Inc
Jun 13, 2017 Sold
Premium
Sold
Jul 22, 2016 Listed by Stacy Cox Inc $379,000
Listed by Stacy Cox Inc

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 3
  • 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: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 850
  • Building Area: 850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 850
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MANDALAY ON THE BAY
  • Land Acres: 0000000172
  • 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: 415700

Geography

  • District: 282089
  • Section: 63
  • Parcel: 63-291-00-0010
  • Block: 291
  • Lot: 10
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6545
  • Longitude: -73.5188

    Address

  • Full Address: 2656 Riverside Dr
  • Address - House Number: 2656
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Wantagh
  • Carrier Code: C031
  • 4-Digit Zip Code: 4622
  • Zip Code: 11793

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,299,919
  • Tax Rate Code Area: 125

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 77
  • Final Value: 542,744
  • High Value: 637,632
  • Low Value: 447,855

    Market Valuation

  • Market Total Value: $410,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410
  • Assessed Land Value: $249
  • Assessed Improvements Value: $161

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-105417
  • Previous Sale Recording Date: Jun 13, 2017
  • Previous Sale Contract Date: Jun 06, 2017
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 12
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 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
Unit for rent at 2100 Hillside Avenue, Bellmore, NY, 11710

$4,875 /mo

  • 3 Beds
  • 2 Baths
  • 1,938 ft²
2100 Hillside Avenue, Bellmore, NY, 11710 Listing by Alexander Iaquinta

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2656 Riverside Drive built and last sold?
The property at 2656 Riverside Drive was built in 1930 and last sold on Nov 16, 2018 for $450,000.
How much is this home worth?
The estimated value of the home located at 2656 Riverside Drive is $499,950.
What are some comparable homes to 2656 Riverside Drive?
There are currently no comparable homes to 2656 Riverside Drive.
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