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Merrick 11566 Merrick
3083 Shore Drive
$5,200
● House - Off Market

3083 Shore Drive

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
9,017 Ft²
$1,668,152
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Spectacular Panoramic Water View. House Was Massively Renovated, 4 Zone Gas Heating (One Year Old), Marble& Wood Thru-Out. Circular Driveway. Open Water View From The Master Bedroom With 2 Walk In Closets, Updated Jacuzzi Bath With Skylight, Balcony, Tier Deck., Additional information: Appearance:Excellent
Unit Size
9,017 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$100
Property Type
House
Property Taxes
$2,269
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (OneKey MLS #KEYL2625415)

Price History

Date / Event Date Event Price
Sep 2, 2014 Sold
Premium
Sold
Oct 18, 2013 Listed by Pro Realty Inc $898,000
Listed by Pro Realty Inc
May 30, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 1
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 0
  • Garage Type: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 550
  • Total Building Area: 3,447
  • Building Area: 3,447
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,447
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 62-225-00-0016
  • Block: 225
  • Lot: 16
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6396
  • Longitude: -73.5451

    Address

  • Full Address: 3083 Shore Dr
  • Address - House Number: 3083
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C028
  • 4-Digit Zip Code: 5204
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,786,206
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,378,647
  • High Value: 1,633,564
  • Low Value: 1,123,730

    Market Valuation

  • Market Total Value: $1,044,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,044
  • Assessed Land Value: $424
  • Assessed Improvements Value: $620

    Sales

  • Current Sale Contract Date: Aug 18, 2014
  • Current Sale Recording Date: Sep 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014090201557
  • Previous Sale Recording Date: May 30, 2006
  • Previous Sale Contract Date: May 16, 2006
  • Previous Sale Amount: $1,600,000
  • Previous 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 Merrick

Stats & Trends

Median Asking:

$929,000

Sale Price/ft²

$488

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2189 ft²

Average Home Age

65.9 years

Currently For Sale

37 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 2683 Hewlett Lane, Bellmore, NY, 11710

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,116 ft²
2683 Hewlett Lane, Bellmore, NY, 11710 Listing by Justin Katzman

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3083 Shore Drive built and last sold?
The property at 3083 Shore Drive was built in 1964 and last sold on Aug 18, 2014 for $820,000.
How much is this home worth?
The estimated value of the home located at 3083 Shore Drive is $901,009.
What are some comparable homes to 3083 Shore Drive?
There are currently no comparable homes to 3083 Shore Drive.
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