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Merrick 11566 Merrick
2759 Beach Drive
$735,000
● House - Off Market

2759 Beach Drive

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
2 Baths
$4,431
Est. Monthly
4.94%
Cap Rate

About This Property

Spectacular renovated custom cape gets you style,space and a great location too!Designer center island Eik w/Granite counters and glass tile,stainless appliances.Newer heating system,new Full Bath,hardwood floors,windows and doors replaced,roof 3 months old!Led lighting throughout,Central air,all rooms network and cable ready.Transfer box in for generator,Surround sound in Lr,2 zone newer oil burner,new PVC fence,Deck,alarm system.Nice sized yard,basketball hoop,wonderful curb appeal,convenient to parks and school, quick access to parkways,beaches,shopping and restaurants.Low taxes,surely wont last the weekend!, Additional information: Appearance:Mint,Separate Hotwater Heater:y
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,146
HOA Dues
-
Year Built
1951

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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: 4 months ago (OneKey MLS #KEYL3587356)

Price History

Date / Event Date Event Price
Jan 30, 2025 Sold
Premium
Sold
Oct 24, 2024 Listed by Douglas Elliman Real Estate $669,000
Listed by Douglas Elliman Real Estate
Feb 16, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 12
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 025

Neighborhood

  • School District Name: Merrick Union Free School District
  • School Tax School District: 025
  • Census Tract: 415102

Geography

  • District: 282089
  • Section: 62
  • Parcel: 62-016-00-0060
  • Block: 16
  • Lot: 60
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6491
  • Longitude: -73.5534

    Address

  • Full Address: 2759 Beach Dr
  • Address - House Number: 2759
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C022
  • 4-Digit Zip Code: 4901
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,118,984
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 629,772
  • High Value: 731,400
  • Low Value: 528,145

    Market Valuation

  • Market Total Value: $459,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459
  • Assessed Land Value: $238
  • Assessed Improvements Value: $221

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2005
  • Current Sale Recording Date: Feb 16, 2005
  • 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 Merrick

Stats & Trends

Median Asking:

$899,500

Sale Price/ft²

$492

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2184 ft²

Average Home Age

61.4 years

Currently For Sale

31 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 47 Hillside Avenue, Freeport, NY, 11520

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,726 ft²
47 Hillside Avenue, Freeport, NY, 11520 Listing by Devon O. Miller

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2759 Beach Drive built and last sold?
The property at 2759 Beach Drive was built in 1951 and last sold on Jan 26, 2005 for $450,000.
How much is this home worth?
The estimated value of the home located at 2759 Beach Drive is $0.
What are some comparable homes to 2759 Beach Drive?
There are currently no comparable homes to 2759 Beach Drive.
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