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Merrick 11566 Merrick
10 Charles Street
$506,500
● House - Off Market

10 Charles Street

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$786,104
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Fully Renovated Home New Kitchen, 2 New Full Bathrooms, New Hardwood Kitchen Cabinets With Granite And New Ss Appliances,  New Hardwood Floors Throughout The House, 200 Amp Electric, Led Lights, New Central A/C, New Siding,, Additional information: Separate Hotwater Heater:Yes
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$288
Property Type
House
Property Taxes
$1,070
HOA Dues
-
Year Built
1928

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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: 6 months ago (OneKey MLS #KEYL3039750)

Price History

Date / Event Date Event Price
Nov 7, 2018 Sold
Premium
Sold
Jun 14, 2018 Listed by Island Group Realty Inc $519,000
Listed by Island Group Realty Inc
Dec 5, 2017 Sold
Premium
Sold
Sep 10, 2017 Listed by Island Group Realty Inc $439,000
Listed by Island Group Realty Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • 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: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,870
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 025

Neighborhood

  • School District Name: Merrick Union Free School District
  • School Tax School District: 025
  • Census Tract: 415102

Geography

  • District: 282089
  • Section: 62
  • Parcel: 62-190-00-0006
  • Block: 190
  • Lot: 6
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6515
  • Longitude: -73.5535

    Address

  • Full Address: 10 Charles St
  • Address - House Number: 10
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: NY
  • City Name: Merrick
  • Carrier Code: C019
  • 4-Digit Zip Code: 4517
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,223,212
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 654,845
  • High Value: 761,994
  • Low Value: 547,695

    Market Valuation

  • Market Total Value: $472,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472
  • Assessed Land Value: $204
  • Assessed Improvements Value: $268

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Nov 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-099700
  • Previous Sale Recording Date: Dec 05, 2017
  • Previous Sale Contract Date: Nov 22, 2017
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: VAR
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 Merrick

Stats & Trends

Median Asking:

$929,000

Sale Price/ft²

$488

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2189 ft²

Average Home Age

65.9 years

Currently For Sale

37 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 607 Nassau Street, Bellmore, NY, 11710

$6,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,438 ft²
607 Nassau Street, Bellmore, NY, 11710 Listing by Alejandro A. Negron

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 10 Charles Street built and last sold?
The property at 10 Charles Street was built in 1928 and last sold on Oct 10, 2018 for $506,500.
How much is this home worth?
The estimated value of the home located at 10 Charles Street is $523,180.
What are some comparable homes to 10 Charles Street?
There are currently no comparable homes to 10 Charles Street.
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