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Baldwin Harbor 11510 Baldwin Harbor
3424 Colony Drive
$320,000
● House - Off Market

3424 Colony Drive

Hempstead, NY 11510
bedrooms
3 Beds
bathrooms
2 Baths
$619,388
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

80 Feet Of Waterfront, Just Minutes From The Open Bay.  3 Bedroom, 2 Full Baths, With A Studio/Office/Playroom.  Oversized 80 X 120 Lot. Updated Kitchen, Beautiful Hardwood Floors Throughout. Tax Grievance Filed., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,002
HOA Dues
-
Year Built
1959

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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 #KEYL2780076)

Price History

Date / Event Date Event Price
Jan 3, 2024 Withdrawn -
Withdrawn
Oct 16, 2023 Listed by Home and Hearth of Long Island $855,000
Listed by Home and Hearth of Long Island
Nov 5, 2015 Sold
Premium
Sold
Sep 28, 2015 Sold
Premium
Sold
Jul 13, 2015 Listed by Home and Hearth of Long Island $349,000
Listed by Home and Hearth of Long Island

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMENDED MAP OF BAY COLONY SECTION 1
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 010

Neighborhood

  • School District Name: Baldwin Union Free School District
  • School Tax School District: 010
  • Census Tract: 413804

Geography

  • District: 282089
  • Section: 54
  • Parcel: 54-341-00-0005
  • Block: 341
  • Lot: 5
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6278
  • Longitude: -73.5958

    Address

  • Full Address: 3424 Colony Dr
  • Address - House Number: 3424
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Baldwin
  • Carrier Code: C001
  • 4-Digit Zip Code: 5118
  • Zip Code: 11510

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,349,757
  • Tax Rate Code Area: 431

    Appraisal Valuation

  • Standard Deviation: 0.0923
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 91
  • Final Value: 845,566
  • High Value: 923,638
  • Low Value: 767,493

    Market Valuation

  • Market Total Value: $494,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $494
  • Assessed Land Value: $273
  • Assessed Improvements Value: $221

    Sales

  • Current Sale Contract Date: Sep 28, 2015
  • Current Sale Recording Date: Nov 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201500021799
  • Previous Sale Recording Date: Nov 05, 2015
  • Previous Sale Contract Date: Sep 02, 2015
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 33
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 Baldwin Harbor

Stats & Trends

Median Asking:

$794,500

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

92

Average Home Size

2151 ft²

Average Home Age

64.1 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

Unit for rent at 56 State Street, Rockville Centre, NY, 11570

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
56 State Street, Rockville Centre, NY, 11570 Listing by Glen Fox
Unit for rent at 539 Nassau Avenue, Freeport, NY, 11520

$6,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,369 ft²
539 Nassau Avenue, Freeport, NY, 11520 Listing by Joseph A. Scavo
Unit for rent at 50 Florence Avenue, Freeport, NY, 11520

$3,800 /mo

  • 2 Beds
  • 1 Bath
  • 2,451 ft²
50 Florence Avenue, Freeport, NY, 11520 Listing by Lisa J. DeTurris

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 3424 Colony Drive built and last sold?
The property at 3424 Colony Drive was built in 1959 and last sold on Sep 28, 2015 for $320,000.
How much is this home worth?
The estimated value of the home located at 3424 Colony Drive is $863,550.
What are some comparable homes to 3424 Colony Drive?
There are currently no comparable homes to 3424 Colony Drive.
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