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Albertson 11507 Albertson
49 Meldon Avenue
$450,000
● House - Off Market

49 Meldon Avenue

North Hempstead, NY 11507
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$812,557
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Conveniently Located Cape Cod Home On 50X100 Lot.  This Sunny Home Has Hardwood Floors, 2 1/2 Baths And Flexable Living Space,New Gas Heat, New Siding And Roof (6Yr.).  Award Winning Schools, Easy Commute To Nyc!, Additional information: Appearance:Very Good,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$995
HOA Dues
-
Year Built
1961

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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 #KEYL2747706)

Price History

Date / Event Date Event Price
Dec 11, 2015 Sold
Premium
Sold
Nov 6, 2015 Sold
Premium
Sold
Mar 25, 2015 Listed by Howard Hanna Coach $458,000
Listed by Howard Hanna Coach

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF ALBERTSON ESTATES
  • Land Acres: 0000000115
  • 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: 09-099-00-0082
  • Block: 99
  • Lot: 82
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7692
  • Longitude: -73.6461

    Address

  • Full Address: 49 Meldon Ave
  • Address - House Number: 49
  • Address - Street Name: Meldon
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albertson
  • Carrier Code: C008
  • 4-Digit Zip Code: 2028
  • Zip Code: 11507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,112,199
  • Tax Rate Code Area: 837

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 687,849
  • High Value: 798,376
  • Low Value: 577,322

    Market Valuation

  • Market Total Value: $563,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563
  • Assessed Land Value: $281
  • Assessed Improvements Value: $282

    Sales

  • Current Sale Contract Date: Nov 06, 2015
  • Current Sale Recording Date: Dec 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 201500034537
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:

$973,000

Sale Price/ft²

$616

Below Asking

0.01%

Average Days on Market

96

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 12 Madison Place, Roslyn Heights, NY, 11577

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,750 ft²
12 Madison Place, Roslyn Heights, NY, 11577 Listing by Mitra Mirjani
Unit for rent at 101 Searing Avenue, Mineola, NY, 11501

$5,400 /mo

  • 1 Bed
  • 1 Bath
  • 1,132 ft²
101 Searing Avenue #512, Mineola, NY, 11501 Listing by Julia Krispeal
Unit for rent at 150 Main Street, Roslyn, NY, 11576

$7,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,792 ft²
150 Main Street, Roslyn, NY, 11576 Listing by Kayla B. Mcmanus

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 49 Meldon Avenue built and last sold?
The property at 49 Meldon Avenue was built in 1961 and last sold on Nov 6, 2015 for $450,000.
How much is this home worth?
The estimated value of the home located at 49 Meldon Avenue is $462,580.
What are some comparable homes to 49 Meldon Avenue?
There are currently no comparable homes to 49 Meldon Avenue.
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