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2477 Margaret Street, Bellmore, NY, 11710

3beds
--baths
2,339sqft
$979,000
$419price/sqft
$7,055/moest. monthly cost
$282,200/yrincome needed

About This Home

Bellmore legal 2-family home offers incredible versatility for investors or owner-occupants looking for additional income potential. Set on a .14-acre fenced property, this well-maintained home features approximately 2,339 square feet of living space with a rare layout and plenty of opportunity to make it your own. The first-floor unit offers 2 bedrooms, 1.5 baths, an open-concept living room and kitchen, plus a cozy fireplace perfect for relaxing nights at home. Upstairs, the second unit features 3 bedrooms, 1 full bath, and a comfortable, functional layout with great natural light. Additional highlights include a full attic for storage, detached 2-car garage, and a long driveway with parking for 4+ cars. Solar panels are leased for added energy efficiency. While the home could benefit from some updating, it has been well cared for and offers solid bones in a highly desirable location. A unique opportunity — and notably the only legal 2-family currently on the block.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

6/10
Winthrop Avenue SchoolGrades 3-40.3 mi
9/10
10/10

Construction

Condition

  • Year built: 1951

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: A-Frame
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: Washer/Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Kitchen Island,Open Floorplan,Open Kitchen
  • Window features: Blinds
  • Flooring: Combination
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Attic: Full

Heating & Cooling

  • Heating features: Oil
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,339
  • Total interior livable area: 2,339 sqft

Property

Details

  • Parcel number: 2089632120001200
  • Special condition: None

Lot

  • Lot size: 6,200 sqft

Parking

  • Total spaces: 4
  • Parking features: Detached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Nassau County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,950$59,400
Home Insurance *$316$3,792
Property Taxes $1,403$16,836
Electricity $386$4,638
Total$7,055$84,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$241,885/yr
40% on housing$211,650/yr
45% on housing$188,133/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$419This listing

vs Other Active Listings

Avg $/sqft

ZIP 11710$483
Nassau County$567

vs Homes Sold Last Month

Median $/sqft

ZIP 11710$456
Nassau County$510

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-15Listed for sale$979,000
2026-06-15Listing removed$979,000
2026-05-25Listed for sale$979,000

For Sale by Agent

AgentMaria Carrasquillo CBR
BrokerageEXP Realty

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