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Merrick 11566 Merrick
2836 Bay Drive
Photo of 2836 Bay Drive
Sold on Apr 16, 2025

32

Map

Photo of 2836 Bay Drive
Photo of 2836 Bay Drive
$1,300,000
● House - Off Market

2836 Bay Drive

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,054 Ft²
$8,008
Est. Monthly
2.88%
Cap Rate

About This Property

Amazing Custom Avalon Split With Huge Primary Suite And Sky Deck,Finished Basement And Sweeping Expansive Pool Deck And Deep Water,Wide Canal! New Stainless Appliances,Floating Dock With Timbertek Decking,Refaced Bulkhead And New Piles,2 Car Garage,Newer Roof,In Ground Pool,Hot Tub,Main Level Den With Fireplace.Open Floor Plan,Beautiful Curb Appeal,Plenty Of Room For All Your Water Toys,Upgrades And Updates Galore.Taxes have been grieved with reduction coming!
Unit Size
2,054 Ft²
Days on Market
92 days
Land Size
0.17 acres
Price per sqft
$623
Property Type
House
Property Taxes
$1,728
HOA Dues
-
Year Built
1960

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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: 4 months ago (OneKey MLS #KEY809309)

Price History

Date / Event Date Event Price
Apr 16, 2025 Sold
Premium
Sold
Feb 4, 2025 In contract -
In contract
Jan 2, 2025 Listed by Douglas Elliman Real Estate $1,279,000
Listed by Douglas Elliman Real Estate
Jul 22, 2011 Sold
Premium
Sold
Dec 22, 2009 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • 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: 539
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10
  • Location Influence Type: 4

    Dimensions

  • Lot Size Square Feet: 7,490
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,919
  • Building Area: 1,919
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,919
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 62-194-00-0052
  • Block: 194
  • Lot: 52
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6501
  • Longitude: -73.5447

    Address

  • Full Address: 2836 Bay Dr
  • Address - House Number: 2836
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C004
  • 4-Digit Zip Code: 4603
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,950,346
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,010,035
  • High Value: 1,196,795
  • Low Value: 823,276

    Market Valuation

  • Market Total Value: $700,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700
  • Assessed Land Value: $309
  • Assessed Improvements Value: $391

    Sales

  • Current Sale Contract Date: Jul 08, 2011
  • Current Sale Recording Date: Jul 22, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2011072200570
  • Previous Sale Recording Date: Dec 22, 2009
  • Previous Sale Contract Date: Nov 25, 2009
  • Previous Sale Amount: $750,000
  • 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 Merrick

Stats & Trends

Median Asking:

$899,500

Sale Price/ft²

$492

Below Asking

0.01%

Average Days on Market

87

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 2100 Hillside Avenue, Bellmore, NY, 11710

$4,575 /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: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2836 Bay Drive built and last sold?
The property at 2836 Bay Drive was built in 1960 and last sold on Jul 8, 2011 for $790,000.
How much is this home worth?
The estimated value of the home located at 2836 Bay Drive is $1,275,616.
What are some comparable homes to 2836 Bay Drive?
There are currently no comparable homes to 2836 Bay Drive.
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