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Mineola 11501 Mineola
421 Marcellus Road
$561,000
● House - Off Market

421 Marcellus Road

North Hempstead, NY 11501
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
$860,913
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Captivating Colonial W/Classic Details & Many Updates. Graceful Columned Archways Frame Comfortable Living Rm, Fireplace & Elegant Dining Rm. Trending White Kitchen/Breakfast Nook To Butler's Pantry & Guest Bath. Side Entrance To  Pristine Finishd Basemnt W/Hi Hats. Lustrous Hardwood Floors, Abundance Of Closets. Lawn Sprnkler Systm, Upgraded Gas Heat & Hot Watr Systms. Close To Shops, Parks,Schools,Library, Bus Stops, Fine Dining. Easy Commute By Mineola L.I.Railroad, Bus Depot,Parkways,Bridges, Additional information: Appearance:Wonderful,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$951
HOA Dues
-
Year Built
1928

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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 #KEYL3027678)

Price History

Date / Event Date Event Price
Apr 19, 2022 Sold
Premium
Sold
Nov 12, 2018 Sold
Premium
Sold
Jul 16, 2018 Sold
Premium
Sold
May 7, 2018 Listed by Douglas Elliman Real Estate $569,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 1
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 196
  • Garage Type: 4
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF SAVILLE ESTATES SECTION 2
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 010

Neighborhood

  • School District Name: Mineola Union Free School District
  • School Tax School District: 010
  • School Tax District Code 2: MI
  • Census Tract: 303500

Geography

  • District: 282223
  • Section: 9
  • Parcel: 09-590-00-0641
  • Block: 590
  • Lot: 641
  • Municipality: MINEOLA
  • Latitude: 40.7506
  • Longitude: -73.65

    Address

  • Full Address: 421 Marcellus Rd
  • Address - House Number: 421
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mineola
  • Carrier Code: C016
  • 4-Digit Zip Code: 1429
  • Zip Code: 11501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,511
  • Tax Rate Code Area: 702

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 727,755
  • High Value: 850,143
  • Low Value: 605,366

    Market Valuation

  • Market Total Value: $554,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554
  • Assessed Land Value: $267
  • Assessed Improvements Value: $287

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-46402
  • Previous Sale Recording Date: Nov 12, 2018
  • Previous Sale Contract Date: Jul 16, 2018
  • Previous Sale Amount: $561,000
  • 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 Mineola

Stats & Trends

Median Asking:

$849,000

Sale Price/ft²

$538

Below Asking

0.02%

Average Days on Market

98

Average Home Size

1194 ft²

Average Home Age

67.6 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 101 Searing Avenue, Mineola, NY, 11501

$5,660 /mo

  • 1 Bed
  • 1 Bath
  • 1,132 ft²
101 Searing Avenue #512, Mineola, NY, 11501 Listing by Julia Krispeal
Unit for rent at 119 Searing Avenue, Mineola, NY, 11501

$5,135 /mo

  • 2 Beds
  • 2 Baths
  • 1,246 ft²
119 Searing Avenue #PHS428, Mineola, NY, 11501 Listing by Michelle Holmes
Unit for rent at 104 Sheridan Avenue, Williston Park, NY, 11596

$5,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,422 ft²
104 Sheridan Avenue, Williston Park, NY, 11596 Listing by Celia M. Santos

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 421 Marcellus Road built and last sold?
The property at 421 Marcellus Road was built in 1928 and last sold on Mar 31, 2022 for $705,000.
How much is this home worth?
The estimated value of the home located at 421 Marcellus Road is $574,690.
What are some comparable homes to 421 Marcellus Road?
There are currently no comparable homes to 421 Marcellus Road.
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