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North Merrick 11566 North Merrick
992 North Drive
$424,500
● House - Off Market

992 North Drive

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$813,642
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Taxes Do Not Reflect Star Of $1383.22 Immac. Sunny/Brite Wideline Hi Ranch, Young Kit, Maintained In/Out,Upgraded Electric, Great Storage, Note: Cac, Nu Front Picture Window, Door, Vinyl Front And Garage Doors. Near Transportation, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,042
HOA Dues
-
Year Built
1962

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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: 4 months ago (OneKey MLS #KEYL2627673)

Price History

Date / Event Date Event Price
Aug 22, 2014 Sold
Premium
Sold
Nov 2, 2013 Listed by Century 21 American Homes $438,000
Listed by Century 21 American Homes

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • 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: 814
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,170
  • Building Area: 2,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,170
  • 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 #1 SCH DIST 029

Neighborhood

  • School District Name: North Merrick Union Free School District
  • School Tax School District: 029
  • Census Tract: 408400

Geography

  • District: 282089
  • Section: 50
  • Parcel: 50-588-00-0004
  • Block: 588
  • Lot: 4
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.695
  • Longitude: -73.5718

    Address

  • Full Address: 992 North Dr
  • Address - House Number: 992
  • Address - Street Name: North
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C030
  • 4-Digit Zip Code: 1021
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,506,551
  • Tax Rate Code Area: 381

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 762,059
  • High Value: 896,483
  • Low Value: 627,635

    Market Valuation

  • Market Total Value: $601,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601
  • Assessed Land Value: $197
  • Assessed Improvements Value: $404

    Exemptions

  • Homeowner Exemption: Yes
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 North Merrick

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$511

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2310 ft²

Average Home Age

50.1 years

Currently For Sale

18 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 757 757 Leslie Lane, East Meadow, NY, 11554

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,675 ft²
757 757 Leslie Lane, East Meadow, NY, 11554 Listing by Qun D. Lin
Unit for rent at 650 Winthrop Drive, Uniondale, NY, 11553

$4,900 /mo

  • 3 Beds
  • 3 Baths
  • 1,300 ft²
650 Winthrop Drive, Uniondale, NY, 11553 Listing by Humayoun Shabbir

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 992 North Drive built and last sold?
The property at 992 North Drive was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 992 North Drive is $0.
What are some comparable homes to 992 North Drive?
There are currently no comparable homes to 992 North Drive.
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