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Merrick 11566 Merrick
11 Margaret Boulevard
$676,000
● House - Off Market

11 Margaret Boulevard

Merrick, NY 11566
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$825,713
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

This Merrick Woods home offers oversized rooms.   Dual-sided fireplace between the living room and den.  Updated bathrooms &full basement.  GAS heat & cooking!  CAC!  80X100 property!
Unit Size
-
Days on Market
173 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,723
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #ONE3267331)

Price History

Date / Event Date Event Price
Apr 28, 2021 Sold
Premium
Sold
Feb 15, 2021 In contract -
In contract
Jan 16, 2021 Price Decreased $679,000
↓ $20K (2.9%)
Price Decreased
Nov 20, 2020 Price Increased $699,000
↑ $20K (3%)
Price Increased
Nov 6, 2020 Listed by BERKSHIRE HATHAWAY $679,000
Listed by BERKSHIRE HATHAWAY
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 230
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,933
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MERRICKWOOD
  • Land Acres: 0000000184
  • 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: 415201

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-081-00-0052
  • Block: 81
  • Lot: 52-55
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6713
  • Longitude: -73.5546

    Address

  • Full Address: 11 Margaret Blvd
  • Address - House Number: 11
  • Address - Street Name: Margaret
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Merrick
  • Carrier Code: C003
  • 4-Digit Zip Code: 3105
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,768,212
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 706,143
  • High Value: 772,059
  • Low Value: 640,228

    Market Valuation

  • Market Total Value: $600,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600
  • Assessed Land Value: $242
  • Assessed Improvements Value: $358

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-064434
  • Previous Sale Recording Date: Apr 07, 2003
  • Previous Sale Contract Date: Feb 20, 2003
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

$490

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2205 ft²

Average Home Age

65.8 years

Currently For Sale

39 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 318 Linden Street, Bellmore, NY, 11710

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
318 Linden Street, Bellmore, NY, 11710 Listing by Sandra S. Satzinger

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 11 Margaret Boulevard built and last sold?
The property at 11 Margaret Boulevard was built in 1940 and last sold on Apr 28, 2021 for $676,000.
How much is this home worth?
The estimated value of the home located at 11 Margaret Boulevard is $0.
What are some comparable homes to 11 Margaret Boulevard?
There are currently no comparable homes to 11 Margaret Boulevard.
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