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Albertson 11507 Albertson
46 Meldon Avenue
Photo of 46 Meldon Avenue
Sold on Oct 27, 2025

21

Map

Photo of 46 Meldon Avenue
Photo of 46 Meldon Avenue
$750,000
● House - Off Market

46 Meldon Avenue

North Hempstead, NY 11507
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,755 Ft²
$4,792
Est. Monthly
6.57%
Cap Rate

About This Property

Living large on 2 levels! Rare 1755 square foot Hi-Ranch on Interior Mid block Oversized Level 60X100 Lot. Boasts 3 Bedrooms' up, L-Shaped Living/Dining Room, Eat-in-Kitchen +Screened in Porch off Kitchen.  Ground level: Large family room w/access to Patio & Fenced Rear Yard, Plus an Office/Possible 4th bedroom, Full Bath, Laundry & Utility Room Attached in-built 1 Car Garage. You can make this Gem Sparkle.
Unit Size
1,755 Ft²
Days on Market
182 days
Land Size
0.14 acres
Price per sqft
$427
Property Type
House
Property Taxes
$1,109
HOA Dues
-
Year Built
1960

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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: 2 years ago (OneKey MLS #KEY854105)

Price History

Date / Event Date Event Price
Oct 27, 2025 Sold
Premium
Sold
May 6, 2025 In contract -
In contract
Apr 27, 2025 Listed by Douglas Elliman Real Estate $750,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 5
  • 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: 585
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,755
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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
  • Census Tract: 302400

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-101-00-0027
  • Block: 101
  • Lot: 27-29
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7688
  • Longitude: -73.6463

    Address

  • Full Address: 46 Meldon Ave
  • Address - House Number: 46
  • Address - Street Name: Meldon
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albertson
  • Carrier Code: C008
  • 4-Digit Zip Code: 2029
  • Zip Code: 11507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,260,495
  • Tax Rate Code Area: 837

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 838,897
  • High Value: 974,271
  • Low Value: 703,523

    Market Valuation

  • Market Total Value: $634,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $634
  • Assessed Land Value: $308
  • Assessed Improvements Value: $326
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 Albertson

Stats & Trends

Median Asking:

$958,000

Sale Price/ft²

$612

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1860 ft²

Average Home Age

59.5 years

Currently For Sale

8 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

$4,925 /mo

  • 2 Beds
  • 2 Baths
  • 1,246 ft²
119 Searing Avenue #PHS410, Mineola, NY, 11501 Listing by Michelle Holmes
Unit for rent at 104 Sheridan Avenue, Williston Park, NY, 11596

$5,500 /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: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 46 Meldon Avenue built and last sold?
The property at 46 Meldon Avenue was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 46 Meldon Avenue is $775,518.
What are some comparable homes to 46 Meldon Avenue?
There are currently no comparable homes to 46 Meldon Avenue.
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