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Merrick 11566 Merrick
120 Shoreham Way
$700,000
● House - Off Market

120 Shoreham Way

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$4,728
Est. Monthly

About This Property

Beautiful Ranch Redone completely in 2014!! Living Room with Fireplace, Kitchen with Updated Appliances and Counter Seating, Huge DIning Room with Sliding door to Rear Yard, 5 Bedrooms and 2 Baths!! Kitchen appliances: Stove under 1 year, Dishwasher 4 year, Washer 1 year, Dryer 4 Year, Paver Patio 4 Year, Flooring 2 year, AC Wall Units 1 year. Beautiful backyard w/AG Pool, Outdoor TV, Paver Patio and Vinyl  Fenced!, Additional information: Appearance:MINT
Unit Size
1,700 Ft²
Days on Market
110 days
Land Size
0.14 acres
Price per sqft
$412
Property Type
House
Property Taxes
$1,291
HOA Dues
-
Year Built
1950

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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: 5 months ago (OneKey MLS #KEYL3568301)

Price History

Date / Event Date Event Price
Nov 12, 2024 Sold
Premium
Sold
Sep 20, 2024 In contract -
In contract
Jul 25, 2024 Listed by Realty Connect USA LLC $699,990
Listed by Realty Connect USA LLC
Beautiful Ranch Redone completely in 2014!! Living Room with Fireplace, Kitchen with Updated Appliances and Counter Seating, Huge DIning Room with Sliding door to Rear Yard, 5 Bedrooms and 2 Baths!! Kitchen appliances: Stove under 1 year, Dishwasher 4 year, Washer 1 year, Dryer 4 Year, Paver Patio 4 Year, Flooring 2 year, AC Wall Units 1 year. Beautiful backyard w/AG Pool, Outdoor TV, Paver Patio and Vinyl Fenced!
Mar 20, 2023 Sold
Premium
Sold
Jan 4, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • 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: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,700
  • 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 025

Neighborhood

  • School District Name: Merrick Union Free School District
  • School Tax School District: 025
  • Census Tract: 415202

Geography

  • District: 282089
  • Section: 63
  • Parcel: 63-139-00-0072
  • Block: 139
  • Lot: 72
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6536
  • Longitude: -73.5409

    Address

  • Full Address: 120 Shoreham Way
  • Address - House Number: 120
  • Address - Street Name: Shoreham
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Merrick
  • Carrier Code: C032
  • 4-Digit Zip Code: 5029
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,508,627
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 694,090
  • High Value: 816,525
  • Low Value: 571,656

    Market Valuation

  • Market Total Value: $519,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519
  • Assessed Land Value: $278
  • Assessed Improvements Value: $241

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2023-16891
  • Previous Sale Recording Date: Jan 15, 2016
  • Previous Sale Contract Date: Jan 04, 2016
  • Previous Sale Document Type: 12
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:

$954,000

Sale Price/ft²

$494

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2187 ft²

Average Home Age

66 years

Currently For Sale

40 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 1741 Warren Place, Merrick, NY, 11566

$4,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1741 Warren Place, Merrick, NY, 11566 Listing by Shari M. DeLouya CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 120 Shoreham Way built and last sold?
The property at 120 Shoreham Way was built in 1950 and last sold on Mar 9, 2023 for $24,896.
How much is this home worth?
The estimated value of the home located at 120 Shoreham Way is $706,990.
What are some comparable homes to 120 Shoreham Way?
There are currently no comparable homes to 120 Shoreham Way.
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