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Merrick 11566 Merrick
2897 Harbor Road
Photo of 2897 Harbor Road
Sold on Jul 25, 2022

30

Map

Photo of 2897 Harbor Road
Photo of 2897 Harbor Road
$865,000
● House - Off Market

2897 Harbor Road

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$868,599
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Expanded waterfront split located in a prime cul de sac in the Lindenmere section of Merrick has huge potential ! This boater's delight has 5 bedrooms, 3.5 bathrooms, an expanded den with floor to ceiling windows to take in the gorgeous views.  The primary bedroom has an en-sute bathroom, guest quarter has a laundry room and privacy.   CAC/inground sprinklers/ Don't miss this opportunity to enjoy a waterfront lifestyle on a beautiful street. Won't Last!!, Additional information: Appearance:Very Good
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,734
HOA Dues
-
Year Built
1976

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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 #KEYL3409899)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jul 7, 2022 In contract -
In contract
Jun 21, 2022 Listed by Douglas Elliman Real Estate $849,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Building Count: 1
  • Floor Count: 15
  • Total Unit Count: 182
  • Residential Unit Count: 182
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 80,332
  • Lot Size Depth Feet: 201
  • Lot Size Frontage Feet: 400
  • Building Depth: 164
  • Building Frontage: 184
  • Gross Building Area: 233,348

    Building Floor Area

  • Residential Building Floor Area: 233,348

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: D1
  • Lot Type: 4
  • Land Use: 03
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N
  • Easements: 1

Neighborhood

  • Community District: 104
  • City Council District: 6
  • Police Precinct: 18
  • Fire Company: E040
  • Health Area: 4500
  • Sanitation District Borough: 1
  • Sanitation Subsection: 3B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8
  • Special Purpose District 1: CL

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1084
  • Lot: 9
  • Borough Block Lot: 1010840009

    Address

  • Full Address: 525 West 55 Street
  • Zip Code: 10019

Valuation

    Assessments Valuation

  • Assessed Total Value: $21,382,200
  • Assessed Land Value: $4,500,000

    Exemptions

  • Exempt Total Value: $21,382,200
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 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
Unit for rent at 2817 Clubhouse Road, Bellmore, NY, 11710

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,058 ft²
2817 Clubhouse Road, Bellmore, NY, 11710 Listing by Xiaomeng C. Zhang PSA

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 2897 Harbor Road built and last sold?
The property at 2897 Harbor Road was built in 1976 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2897 Harbor Road is $0.
What are some comparable homes to 2897 Harbor Road?
There are currently no comparable homes to 2897 Harbor Road.
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