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North Merrick 11566 North Merrick
40 Winifred Drive
$650,000
● House - Off Market

40 Winifred Drive

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths
$640,071
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming Wenshaw Park home in the heart of the neighborhood.  This light filled home features a large living room with wood burning fireplace, hardwood floors throughout first floor. Large glass enclosed sunroom. Attached 1 car garage, Additional information: Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,028
HOA Dues
-
Year Built
1947

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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: 6 months ago (OneKey MLS #KEYL3472524)

Price History

Date / Event Date Event Price
Jun 20, 2023 Sold
Premium
Sold
May 12, 2023 In contract -
In contract
Apr 20, 2023 Listed by Signature Premier Properties $639,000
Listed by Signature Premier Properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,519
  • Building Area: 1,519
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,519
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 004

Neighborhood

  • School District Name: Bellmore-Merrick Central High School District
  • School Tax School District: 004
  • Census Tract: 414700

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-A04-00-0009
  • Block: A04
  • Lot: 9
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6884
  • Longitude: -73.5534

    Address

  • Full Address: 40 Winifred Dr
  • Address - House Number: 40
  • Address - Street Name: Winifred
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C012
  • 4-Digit Zip Code: 1723
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $920,735
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 633,515
  • High Value: 692,650
  • Low Value: 574,379

    Market Valuation

  • Market Total Value: $503,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503
  • Assessed Land Value: $197
  • Assessed Improvements Value: $306

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-37393
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 North Merrick

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$514

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2117 ft²

Average Home Age

52 years

Currently For Sale

18 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 396 Chestnut Avenue, East Meadow, NY, 11554

$9,580 /mo

  • 6 Beds
  • 3 Baths
  • 2,492 ft²
396 Chestnut Avenue, East Meadow, NY, 11554 Listing by Feng Zhan
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 1539 Park Avenue, Merrick, NY, 11566

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,386 ft²
1539 Park Avenue, Merrick, NY, 11566 Listing by Lisa J. DeTurris

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 40 Winifred Drive built and last sold?
The property at 40 Winifred Drive was built in 1947 and last sold on Jun 19, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 40 Winifred Drive is $645,390.
What are some comparable homes to 40 Winifred Drive?
There are currently no comparable homes to 40 Winifred Drive.
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