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North Wantagh 11793 North Wantagh
2868 Michael Road
Photo of 2868 Michael Road
Sold on Jul 28, 2023

29

Map

Photo of 2868 Michael Road
Photo of 2868 Michael Road
$625,000
● House - Off Market

2868 Michael Road

Hempstead, NY 11793
bedrooms
3 Beds
bathrooms
2 Baths
$623,295
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Pride Of Ownership Really Shows In This Updated Cape. Mid-Block location  Eat-in kitchen with Corian counters & built in table  as well as ample cabinet space.  Formal dining room.  Hardwood flooring.  Crown molding. Walk in closet in primary bedroom. 4 season Sunroom porch with French doors. Recessed lighting on main floor & basement  Full basement with Built-in bar for entertaining & Built-in display shelves. Fully fenced yard with  mature landscaped grounds water by inground sprinkler system.  Stone paved patio  & large stone paved driveway. Alarm system  150 amp electrical Newer roof. Separate hot water heater. Motorized sky light in upstairs bathroom.  Plenty of storage space  Close to schools, shopping, restaurants, public transportation Move in ready., Additional information: Appearance:Mint
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$945
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: 2 years ago (OneKey MLS #KEYL3475822)

Price History

Date / Event Date Event Price
May 31, 2023 In contract -
In contract
May 4, 2023 Listed by Unique Home Sales of L I Inc $625,000
Listed by Unique Home Sales of L I Inc

Property Highlights

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: 6
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,231
  • Building Area: 1,231
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,231
  • 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 005

Neighborhood

  • School District Name: Levittown Union Free School District
  • School Tax School District: 005
  • Census Tract: 409600

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-302-00-0007
  • Block: 302
  • Lot: 7
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7013
  • Longitude: -73.5271

    Address

  • Full Address: 2868 Michael Rd
  • Address - House Number: 2868
  • Address - Street Name: Michael
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wantagh
  • Carrier Code: C007
  • 4-Digit Zip Code: 1028
  • Zip Code: 11793

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,134,234
  • Tax Rate Code Area: 116

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 613,545
  • High Value: 670,816
  • Low Value: 556,273

    Market Valuation

  • Market Total Value: $433,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433
  • Assessed Land Value: $232
  • Assessed Improvements Value: $201
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 Wantagh

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$489

Below Asking

0.01%

Average Days on Market

79

Average Home Size

1888 ft²

Average Home Age

67.7 years

Currently For Sale

15 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 318 Linden Street, Bellmore, NY, 11710

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
318 Linden Street, Bellmore, NY, 11710 Listing by Sandra S. Satzinger
Unit for rent at 694 Blackstone Avenue, East Meadow, NY, 11554

$4,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
694 Blackstone Avenue, East Meadow, NY, 11554 Listing by Jaime Aguilar
Unit for rent at 22 Shelter Lane, Levittown, NY, 11756

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,050 ft²
22 Shelter Lane, Levittown, NY, 11756 Listing by Damian Ross SFR CBR

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 2868 Michael Road built and last sold?
The property at 2868 Michael Road was built in 1951 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2868 Michael Road is $0.
What are some comparable homes to 2868 Michael Road?
There are currently no comparable homes to 2868 Michael Road.
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