by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Bellmore 11710 South Bellmore
2940 Lee Place
Photo of 2940 Lee Place
Sold on Oct 29, 2025

39

Map

Photo of 2940 Lee Place
Photo of 2940 Lee Place
$1,200,000
● House - Off Market

2940 Lee Place

Hempstead, NY 11710
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,978 Ft²
$9,864
Est. Monthly
2.40%
Cap Rate

About This Property

Majestic East Bay Waterfront Lands End 5BR Colonial w/Full Basement!  Situated on a Wide Deep Water Canal w/SW Exposure!  A RARE FIND!  Open Floor Plan Oversized Backyard w/Trex Decking, Outdoor Kitchen, Pergola, Hot Tub, IG Pool, Bulkheaded w/Boat Lift (seller states Lift Holds up to a 32' Boat).   LITE & BRITE & Inviting-- Stunning Waterviews!  Huge Primary Suite w/Sitting Room!  Bonus Home Office or 6th Bedroom w/Bath--Perfect for Nanny Quarters!  O/S White Eat-in-Kitchen w/Open Floor Plan To Dining Room & Great Room w/Woodburning Fireplace--SUB ZERO--Wolf--Miele Appliances!  Convenient Pantry & Utility! Whole House Generac Generator & Electric Car Station Hookup, 2-Zone CAC, Most New Windows, 200AMP, Newer Vinyl Siding & Roof!  Live Your Best Life!  Vacation All Year Round!
Unit Size
3,978 Ft²
Days on Market
92 days
Land Size
0.19 acres
Price per sqft
$402
Property Type
House
Property Taxes
$2,007
HOA Dues
-
Year Built
1970

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 13 months ago (OneKey MLS #KEY885507)

Price History

Date / Event Date Event Price
Oct 29, 2025 Sold
Premium
Sold
Sep 20, 2025 In contract -
In contract
Aug 22, 2025 Price Decreased $1,599,999
↓ $200K (11.1%)
Price Decreased
Aug 4, 2025 Price Decreased $1,799,999
↓ $200K (10%)
Price Decreased
Jul 3, 2025 Listed by Douglas Elliman Real Estate $1,999,999
Listed by Douglas Elliman Real Estate
Show More

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 96
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10
  • Location Influence Type: 9

    Dimensions

  • Lot Size Square Feet: 8,235
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,978
  • Gross Building Area: 3,978
  • Building Area: 3,978
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,978
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • Standard Land Use Code: 1000
  • County Land Use Code: 4830
  • Legal Description 1: TOWN #1 SCH DIST 007

Neighborhood

  • School District Name: Bellmore-Merrick Central High School District
  • School Tax School District: 007
  • Census Tract: 415402

Geography

  • District: 282089
  • Section: 63
  • Parcel: 63-309-00-0019
  • Block: 309
  • Lot: 19
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6498
  • Longitude: -73.527

    Address

  • Full Address: 2940 Lee Pl
  • Address - House Number: 2940
  • Address - Street Name: Lee
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Bellmore
  • Carrier Code: C040
  • 4-Digit Zip Code: 5032
  • Zip Code: 11710

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,351,395
  • Tax Rate Code Area: 127

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,251,845
  • High Value: 1,463,103
  • Low Value: 1,040,587

    Market Valuation

  • Market Total Value: $815,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $815
  • Assessed Land Value: $283
  • Assessed Improvements Value: $532

    Sales

  • Current Sale Contract Date: Feb 02, 1998
  • Current Sale Recording Date: Feb 06, 1998
  • 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 Bellmore

Stats & Trends

Median Asking:

$799,999

Sale Price/ft²

$484

Below Asking

0.02%

Average Days on Market

81

Average Home Size

2109 ft²

Average Home Age

68.9 years

Currently For Sale

25 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 13 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2940 Lee Place built and last sold?
The property at 2940 Lee Place was built in 1970 and last sold on Feb 2, 1998 for $465,000.
How much is this home worth?
The estimated value of the home located at 2940 Lee Place is $0.
What are some comparable homes to 2940 Lee Place?
There are currently no comparable homes to 2940 Lee Place.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Bellmore Homes for Sale
Bellmore Houses for Sale
Bellmore Condos for Sale
Bellmore Multifamily for Sale
Bellmore Land for Sale
Bellmore Commercial for Sale
Bellmore Homes with Basements
Bellmore Homes with Pools
Nearby Cities
Levittown Homes for Sale
East Meadow Homes for Sale
Merrick Homes for Sale
Wantagh Homes for Sale
North Bellmore Homes for Sale
Seaford Homes for Sale
North Merrick Homes for Sale
North Wantagh Homes for Sale
Nearby Property Records
Nassau County, NY Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Bergen County, NJ Property Records
Westchester County, NY Property Records
Essex County, NJ Property Records
Union County, NJ Property Records
Rockland County, NY Property Records
Neighborhoods
South Bellmore Real Estate
Top Real Estate Agents
Top Agents in South Bellmore
Top Agents in Bellmore
Top Agents in Levittown
Top Agents in 11756
Top Agents in 11566
Top Agents in 11554
Top Agents in East Meadow
Top Agents in 11710