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Merrick 11566 Merrick
2944 Beach Drive
$804,000
● House - Off Market

2944 Beach Drive

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
2 Baths
$809,273
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

South Merrick diamond high ranch. Great open layout with updated kitchen, Island, Granite, stainless appliances, Updated Bathrooms, Wood floors, Custom railings, Sprinklers, Fenced yard with custom In ground pool. This one won't last.. Make This your next Home!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,602
HOA Dues
-
Year Built
1962

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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: 4 months ago (OneKey MLS #KEYL3368885)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
Feb 13, 2022 In contract -
In contract
Jan 11, 2022 Listed by Douglas Elliman Real Estate $799,999
Listed by Douglas Elliman Real Estate
Mar 21, 2016 Sold
Premium
Sold
Nov 5, 2015 Listed by Douglas Elliman Real Estate $619,000
Listed by Douglas Elliman Real Estate
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • 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: 586
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF ANCHORAGE ESTATES SECTION 1
  • Land Acres: 0000000138
  • 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: 62-213-00-0003
  • Block: 213
  • Lot: 3
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6437
  • Longitude: -73.5521

    Address

  • Full Address: 2944 Beach Dr
  • Address - House Number: 2944
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C033
  • 4-Digit Zip Code: 5146
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,828,023
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 76
  • Final Value: 830,411
  • High Value: 982,080
  • Low Value: 678,742

    Market Valuation

  • Market Total Value: $611,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611
  • Assessed Land Value: $258
  • Assessed Improvements Value: $353

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-00071273
  • Previous Sale Recording Date: Mar 21, 2016
  • Previous Sale Contract Date: Mar 04, 2016
  • Previous Sale Amount: $600,000
  • 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 55 Bedell Street, Freeport, NY, 11520

$3,450 /mo

  • 3 Beds
  • 1 Bath
  • 8,250 ft²
55 Bedell Street #1, Freeport, NY, 11520 Listing by Otto E. Lugo GRI
Unit for rent at 56 Ocean Watch Court, Freeport, NY, 11520

$6,800 /mo

  • 3 Beds
  • 3 Baths
  • 1,946 ft²
56 Ocean Watch Court, Freeport, NY, 11520 Listing by Angela R. Williams Samuels
Unit for rent at 9 N Ann Drive, Freeport, NY, 11520

$4,300 /mo

  • 5 Beds
  • 3 Baths
  • 1,400 ft²
9 N Ann Drive, Freeport, NY, 11520 Listing by Scheffee Wilson

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 2944 Beach Drive built and last sold?
The property at 2944 Beach Drive was built in 1962 and last sold on Jun 15, 2022 for $804,000.
How much is this home worth?
The estimated value of the home located at 2944 Beach Drive is $807,999.
What are some comparable homes to 2944 Beach Drive?
There are currently no comparable homes to 2944 Beach Drive.
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