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Lido Beach 11561 Lido Beach
917 Marginal Road
$795,000
● House - Off Market

917 Marginal Road

Lido Beach, NY 11561
bedrooms
4 Beds
bathrooms
2 Baths
$866,342
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Absolutely Pristine, Stunning, Diamond Condition Hi-Ranch Featuring 4 Bedrooms, 2 Beautiful Designer Full Bathrooms, Hardwood Floors & Totally Custom High End Granite & Stainless Kitchen with Large L-Shaped Island, Pendant Lighting & Jenn-Air Appliances. Additional Features Include Two Zone Gas Heat, Central Air Conditioning, Hi-Hats Throughout, Pull Down Attic for Storage, Two Car Attached Garage, Four Zone In Ground Sprinkler System, Fully Updated Exterior (Siding, Doors, Shed, Landscaping, Driveway, Patio), Large Backyard w/ Custom Shed & Huge Rear Deck That Spans The Entire Width of the Home & Offers a Sliver Of Bay View. Home Also Comes w/ Portable Gas Generator & Dedicated Hookup to Feed The Electric Panel During a Power Outage. Located Across from Nickerson Beach & Just 60 Seconds to Marinas & Parkways.
Unit Size
-
Days on Market
103 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$957
HOA Dues
-
Year Built
1975

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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: 3 years ago (OneKey MLS #ONE3305764)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
May 12, 2021 In contract -
In contract
Apr 21, 2021 Listed by Century 21 American Homes $757,000
Listed by Century 21 American Homes

Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 725
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 5,985
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,916
  • Building Area: 1,916
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,916
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 028

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • Census Tract: 416900

Geography

  • District: 282089
  • Section: 60
  • Parcel: 60-080-00-0020
  • Block: 80
  • Lot: 20
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.5923
  • Longitude: -73.6046

    Address

  • Full Address: 917 Marginal Rd
  • Address - House Number: 917
  • Address - Street Name: Marginal
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lido Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 5229
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,083,638
  • Tax Rate Code Area: 077

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 909,528
  • High Value: 1,079,221
  • Low Value: 739,834

    Market Valuation

  • Market Total Value: $552,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552
  • Assessed Land Value: $230
  • Assessed Improvements Value: $322

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-109166
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 Lido Beach

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$577

Below Asking

0.02%

Average Days on Market

115

Average Home Size

1931 ft²

Average Home Age

61.4 years

Currently For Sale

25 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 145 Inwood Avenue, Point Lookout, NY, 11569

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,200 ft²
145 Inwood Avenue, Point Lookout, NY, 11569 Listing by Paul A. Gomez
Unit for rent at 71 Garden City Avenue, Point Lookout, NY, 11569

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,000 ft²
71 Garden City Avenue, Point Lookout, NY, 11569 Listing by Paul J. Gomez

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 917 Marginal Road built and last sold?
The property at 917 Marginal Road was built in 1975 and last sold on Aug 2, 2021 for $795,000.
How much is this home worth?
The estimated value of the home located at 917 Marginal Road is $764,570.
What are some comparable homes to 917 Marginal Road?
There are currently no comparable homes to 917 Marginal Road.
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