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East Meadow 11554 East Meadow
863 Winthrop Drive
Photo of 863 Winthrop Drive
Sold on May 3, 2023

33

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Photo of 863 Winthrop Drive
Photo of 863 Winthrop Drive
$790,000
● House - Off Market

863 Winthrop Drive

Hempstead, NY 11554
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,084 Ft²
$806,201
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Barnum Woods Welcomes You To This Extended Colonial Nestled On Parklike Grounds ! Updated Kitchen With Quartz Countertops, Banquet Formal Dining Room, Updated Baths, 18X20 Primary Bedroom With Double Closets, Hardwood Floors, Newer Roof, Siding, Windows, Heat & 200 Amp Electric Panel. In Ground Sprinklers. Taxes With Basic Star $12,202.54. Location, Location, Location!!!, Additional information: Appearance:Excellent
Unit Size
2,084 Ft²
Days on Market
83 days
Land Size
0.22 acres
Price per sqft
$384
Property Type
House
Property Taxes
$1,117
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYL3457794)

Price History

Date / Event Date Event Price
May 3, 2023 Sold
Premium
Sold
Mar 17, 2023 In contract -
In contract
Feb 9, 2023 Listed by Redfin Real Estate $799,999
Listed by Redfin Real Estate
Aug 15, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,570
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 390
  • Total Building Area: 2,084
  • Building Area: 2,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,084
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 003

Neighborhood

  • School District Name: East Meadow Union Free School District
  • School Tax School District: 003
  • Census Tract: 407900

Geography

  • District: 282089
  • Section: 50
  • Parcel: 50-437-00-0020
  • Block: 437
  • Lot: 20
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6996
  • Longitude: -73.5688

    Address

  • Full Address: 863 Winthrop Dr
  • Address - House Number: 863
  • Address - Street Name: Winthrop
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: East Meadow
  • Carrier Code: C009
  • 4-Digit Zip Code: 4629
  • Zip Code: 11554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,220,254
  • Tax Rate Code Area: 038

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 776,595
  • High Value: 849,086
  • Low Value: 704,103

    Market Valuation

  • Market Total Value: $596,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596
  • Assessed Land Value: $326
  • Assessed Improvements Value: $270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-28166
  • Previous Sale Recording Date: Aug 15, 2007
  • Previous Sale Contract Date: Jul 30, 2007
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: 27
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 East Meadow

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$505

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2136 ft²

Average Home Age

52.1 years

Currently For Sale

42 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 1750 Henry Road, Merrick, NY, 11566

$6,800 /mo

  • 5 Beds
  • 3 Baths
  • 3,425 ft²
1750 Henry Road, Merrick, NY, 11566 Listing by Ellen Visconti-Olson

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 863 Winthrop Drive built and last sold?
The property at 863 Winthrop Drive was built in 1951 and last sold on May 3, 2023 for $790,000.
How much is this home worth?
The estimated value of the home located at 863 Winthrop Drive is $808,155.
What are some comparable homes to 863 Winthrop Drive?
There are currently no comparable homes to 863 Winthrop Drive.
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