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Merrick 11566 Merrick
3045 Whaleneck Drive
$732,000
● House - Off Market

3045 Whaleneck Drive

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,264 Ft²
$794,604
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Come see this Excellent Home with Water Views. This Home Boasts Modern Updated Kitchen and 3 Updated Baths, Two Full and One Half bath, Large Living Room, Formal Dining Room, Master Bedroom with Ensuite Bath. 3 Additional Bedrooms and Home Office. Lower Level Family Room with Fireplace Which Allows to Walk out to Back Yard. Home Sold AS IS. "X" zoned does not require flood insurance!, Additional information: Appearance:Excellent
Unit Size
2,264 Ft²
Days on Market
166 days
Land Size
0.17 acres
Price per sqft
$331
Property Type
House
Property Taxes
$1,255
HOA Dues
-
Year Built
1972

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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 #KEYL3433791)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Dec 2, 2022 In contract -
In contract
Oct 14, 2022 Price Decreased $749,000
↓ $30K (3.9%)
Price Decreased
Jul 6, 2022 Listed by Signature Premier Properties $779,000
Listed by Signature Premier Properties

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 24
  • 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: 1,070
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,264
  • Building Area: 2,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,264
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 415202

Geography

  • District: 282089
  • Section: 63
  • Parcel: 63-157-00-0135
  • Block: 157
  • Lot: 135
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6459
  • Longitude: -73.5396

    Address

  • Full Address: 3045 Whaleneck Dr
  • Address - House Number: 3045
  • Address - Street Name: Whaleneck
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C032
  • 4-Digit Zip Code: 5324
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,579,986
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 772,976
  • High Value: 845,129
  • Low Value: 700,822

    Market Valuation

  • Market Total Value: $597,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $597
  • Assessed Land Value: $275
  • Assessed Improvements Value: $322

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Jan 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-473
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:

$939,000

Sale Price/ft²

$489

Below Asking

0.01%

Average Days on Market

88

Average Home Size

2139 ft²

Average Home Age

63.2 years

Currently For Sale

38 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 317 Bedford Avenue, Bellmore, NY, 11710

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
317 Bedford Avenue, Bellmore, NY, 11710 Listing by Gina M. Padro HFR PSA RSPS SFR SRS
Unit for rent at 1741 Warren Place, Merrick, NY, 11566

$4,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1741 Warren Place, Merrick, NY, 11566 Listing by Shari M. DeLouya CBR

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 3045 Whaleneck Drive built and last sold?
The property at 3045 Whaleneck Drive was built in 1972 and last sold on Dec 16, 2022 for $732,000.
How much is this home worth?
The estimated value of the home located at 3045 Whaleneck Drive is $817,090.
What are some comparable homes to 3045 Whaleneck Drive?
There are currently no comparable homes to 3045 Whaleneck Drive.
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