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Williston Park 11501 Williston Park
500 Marcellus Road
Photo of 500 Marcellus Road
Sold on Jun 27, 2023

29

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Photo of 500 Marcellus Road
Photo of 500 Marcellus Road
$760,000
● House - Off Market

500 Marcellus Road

North Hempstead, NY 11596
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,522 Ft²
$800,340
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This Lovely Ranch, a rare find in Williston Park, is ready for its new owners. Incredible living space with tons of charisma. Boasting a recently built open-concept custom kitchen with top end materials and appliances, radiant heat flooring in den/dining room and basement, primary bedroom with and en-suite bath, Updated Baths, a fully paved paved , two driveways, And Much More... Be prepared to fall in love. Located in the heart of it all, this home is just minutes away from a golf course, many parks, a plethora of shops and restaurants, and an ample number of transportation options.
Unit Size
1,522 Ft²
Days on Market
132 days
Land Size
0.13 acres
Price per sqft
$525
Property Type
House
Property Taxes
$1,044
HOA Dues
-
Year Built
1953

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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 #KEYL3458403)

Price History

Date / Event Date Event Price
Mar 27, 2023 In contract -
In contract
Feb 13, 2023 Listed by Redfin Real Estate $799,000
Listed by Redfin Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,522
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: WP
  • Census Tract: 303302

Geography

  • District: 282257
  • Section: 9
  • Parcel: 09-274-00-0121
  • Block: 274
  • Lot: 121
  • Municipality: WILLISTON PARK
  • Latitude: 40.7528
  • Longitude: -73.6505

    Address

  • Full Address: 500 Marcellus Rd
  • Address - House Number: 500
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Williston Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 2116
  • Zip Code: 11596

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,054,817
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.0923
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 91
  • Final Value: 782,306
  • High Value: 854,553
  • Low Value: 710,058

    Market Valuation

  • Market Total Value: $608,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $608
  • Assessed Land Value: $329
  • Assessed Improvements Value: $279

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-38488
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 Williston Park

Stats & Trends

Median Asking:

$849,999

Sale Price/ft²

$597

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1193 ft²

Average Home Age

86 years

Currently For Sale

7 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 119 Searing Avenue, Mineola, NY, 11501

$4,310 /mo

  • 2 Beds
  • 2 Baths
  • 1,148 ft²
119 Searing Avenue #S121, Mineola, NY, 11501 Listing by Michelle Holmes
Unit for rent at 101 Searing Avenue, Mineola, NY, 11501

$4,200 /mo

  • 1 Bed
  • 1 Bath
  • 907 ft²
101 Searing Avenue #504, Mineola, NY, 11501 Listing by Julia Krispeal
Unit for rent at 398 Bauer Place, Mineola, NY, 11501

$3,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,475 ft²
398 Bauer Place, Mineola, NY, 11501 Listing by Lin Li

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 500 Marcellus Road built and last sold?
The property at 500 Marcellus Road was built in 1953 and last sold on Jun 27, 2023 for $760,000.
How much is this home worth?
The estimated value of the home located at 500 Marcellus Road is $806,990.
What are some comparable homes to 500 Marcellus Road?
There are currently no comparable homes to 500 Marcellus Road.
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