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    1541 Bellmore Road North Bellmore, NY 11710

    View on Map
    Pending
    $1,189,000

    MULTI_FAMILY - North Bellmore, NY

    Added:
    Nov 3, 2025
    Days on Market:
    149
    Last Refresh:
    Apr 1 at 6:06 pm

    Property Features for 1541 Bellmore Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 1, Bedroom 2, Basement, Bedroom 4, Bedroom 1, Bathroom 2
    Parking features
    Garage, Driveway
    Pool private
    1
    Interior features
    First Floor Bedroom, First Floor Full Bath, Chefs Kitchen, Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Open Kitchen, Master Downstairs, Recessed Lighting, Storage, Washer/Dryer Hookup
    Fencing
    Fenced
    Basement
    Storage Space, Walk-Out Access, Full, Finished
    Standard status
    Pending

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    16075

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1954
    Number of units
    2
    Building materials
    Vinyl Siding
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Samina Nadeem
    Samina Nadeem

    Listing agent Samina Nadeem License #10401211393

    Listing office Douglas Elliman Real Estate 998 Old Country Rd Ste A, Huntington Station, NY

    Listing date Nov 3, 2025

    MLS# 931755

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Two-Family Home with Pool

    This two-family home offers generous space and comfort. The expanded colonial has been tastefully renovated. Situated on a lot with a two-car garage, a wide driveway, and a fully fenced yard featuring a pool, the property is suited for outdoor activities and entertainment. The main floor includes two bedrooms and a renovated full bath. The eat-in kitchen features new appliances, ample cabinets, a pantry, a door to the backyard, a family dining area, and a large island. There is also a formal dining/living room with lighting and details. The second floor has two bedrooms with closets, an eat-in kitchen with a skylight, a living room, and an updated full bath. The finished basement includes a family room, playroom, office, laundry room with storage, windows, and a walk-out entrance. The home has wood floors, hi-hat lighting, and gas cooking and heating. It is move-in ready.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Bellmore
    County
    Nassau
    State
    New York
    Longitude
    -73.533313
    Latitude
    40.682755

    Nearby Similar for Sale

    • $1,050,000
      790 SF

      Renovated Corner Building For Sale

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    • $888,000
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      North Bellmore Commercial Property

      Commercial property for sale in North Bellmore, New York.
      1905 Bellmore Ave, North Bellmore, NY 11710
      View Details
    • $2,950,000
      2,268 SF

      Retail Building Leased to 7-Eleven

      Retail property in North Bellmore, NY, leased to 7-Eleven.
      2259 Jerusalem Ave, North Bellmore, NY
      View Details

    FAQs

    What type of property is this?
    Duplex - Spacious, renovated two-family home with modern amenities and outdoor entertainment.
    Where is this duplex located?
    The property is located at 1541 Bellmore Road North Bellmore, NY.
    What is the asking price?
    The asking price for this property is $1,189,000.
    What are key features of this property?
    This property features: Two‑family home with completely renovated interiors.; Enjoy the private backyard with pool, fully fenced.; New chef's kitchen with top‑of‑the‑line appliances, island, and ample storage.
    (516) 319-2956
    We can help!
    Listing Contact
    Samina Nadeem
    Samina Nadeem
    Real Estate License ID: 10401211393
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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