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Merrick 11566 Merrick
2864 Lindenmere Drive
$900,000
● House - Off Market

2864 Lindenmere Drive

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
3 Baths
$905,164
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Superb location!!! Custom renovated split in South Merrick. Taxes grieved, low flood policy transferable (X zone!)  Beautifully re-done kitchen w/ top of the line appliances and Carrera marble finishes, dining room w/ built-in cabinetry, new flooring and renovated lower level. BRAND NEW CAC unit summer 2021, new driveway, exterior cameras! Fully fenced yard w/deck. Don't miss out. See attachment for Upgrades!, Additional information: Appearance:Mint
Unit Size
-
Days on Market
54 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,403
HOA Dues
-
Year Built
1954

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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 #KEYL3370693)

Price History

Date / Event Date Event Price
Mar 28, 2022 Sold
Premium
Sold
Feb 16, 2022 In contract -
In contract
Feb 2, 2022 Listed by Signature Premier Properties $879,000
Listed by Signature Premier Properties
Superb location!!! Custom renovated split in South Merrick. Taxes grieved, low flood policy transferable (X zone!) Beautifully re-done kitchen w/ top of the line appliances and Carrera marble finishes, dining room w/ built-in cabinetry, new flooring and renovated lower level. BRAND NEW CAC unit summer 2021, new driveway, exterior cameras! Fully fenced yard w/deck. Don't miss out. See attachment for Upgrades!
Jan 19, 2022 Listed by Signature Premier Properties $879,000
Listed by Signature Premier Properties
Dec 8, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 2
  • 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: 357
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 62-191-00-0018
  • Block: 191
  • Lot: 18
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6484
  • Longitude: -73.5457

    Address

  • Full Address: 2864 Lindenmere Dr
  • Address - House Number: 2864
  • Address - Street Name: Lindenmere
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C004
  • 4-Digit Zip Code: 4619
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,658,133
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 768,320
  • High Value: 892,305
  • Low Value: 644,335

    Market Valuation

  • Market Total Value: $571,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571
  • Assessed Land Value: $330
  • Assessed Improvements Value: $241

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-00043962
  • Previous Sale Recording Date: Dec 20, 2018
  • Previous Sale Contract Date: Oct 24, 2018
  • Previous Sale Amount: $549,000
  • 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:

$954,000

Sale Price/ft²

$491

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2173 ft²

Average Home Age

65.5 years

Currently For Sale

40 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 2607 Lindenmere Drive, Merrick, NY, 11566

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,500 ft²
2607 Lindenmere Drive, Merrick, NY, 11566 Listing by Yi Jiang

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 2864 Lindenmere Drive built and last sold?
The property at 2864 Lindenmere Drive was built in 1954 and last sold on Mar 28, 2022 for $900,000.
How much is this home worth?
The estimated value of the home located at 2864 Lindenmere Drive is $887,790.
What are some comparable homes to 2864 Lindenmere Drive?
There are currently no comparable homes to 2864 Lindenmere Drive.
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