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North Merrick 11566 North Merrick
1331 Harry Lane
Photo of 1331 Harry Lane
Sold on Jul 8, 2025

22

Map

Photo of 1331 Harry Lane
Photo of 1331 Harry Lane
$730,000
● House - Off Market

1331 Harry Lane

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,551 Ft²
$4,800
Est. Monthly
5.66%
Cap Rate

About This Property

Welcome to 1331 Harry Lane and experience the charm of living in this picturesque  area. As you enter you will see both the sun filled living room and  large formal dining room that leads into a stunning  modern kitchen with white shaker style cabinets, quartz counters, sleek stainless appliances and a back door that opens to a patio and  an amazing oversized  yard that can easily fit a pool plus have space for dining, lounging and more!!  Primary bedroom, second bedroom, full bath and a laundry room  with stylish barn doors complete this level. Upstairs has loft space with storage, 2 additional bedrooms and a half bath. central air, updated 200 amp electric, 2021: new kitchen and baths, new flooring, new interior doors on the first floor, new front door, screen door and back door, new dryer. 2023: new washing machine ,IG sprinkler system updated with new lines, new expansion tank. 2024: new liner installed on the furnace, new chimney liner and cap. North Merrick school district  minutes to schools, shops and transportation, this gem is not to be missed!! Interior footage is approximate.
Unit Size
1,551 Ft²
Days on Market
76 days
Land Size
-
Price per sqft
$470
Property Type
House
Property Taxes
$1,220
HOA Dues
-
Year Built
1949

Payment Calculator

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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: 2 years ago (OneKey MLS #KEY850323)

Price History

Date / Event Date Event Price
Jul 8, 2025 Sold
Premium
Sold
May 22, 2025 In contract -
In contract
May 16, 2025 Price Decreased $729,000
↓ $30K (4%)
Price Decreased
Apr 23, 2025 Listed by Signature Premier Properties $759,000
Listed by Signature Premier Properties
Nov 1, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • 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: 5,400
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,551
  • Building Area: 1,551
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,551
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 414700

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-437-00-0014
  • Block: 437
  • Lot: 14
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6872
  • Longitude: -73.5561

    Address

  • Full Address: 1331 Harry Ln
  • Address - House Number: 1331
  • Address - Street Name: Harry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Merrick
  • Carrier Code: C012
  • 4-Digit Zip Code: 1710
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,394,783
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 697,091
  • High Value: 820,084
  • Low Value: 574,098

    Market Valuation

  • Market Total Value: $520,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520
  • Assessed Land Value: $199
  • Assessed Improvements Value: $321

    Sales

  • Current Sale Contract Date: Oct 11, 2007
  • Current Sale Recording Date: Nov 01, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 19, 1998
  • Previous Sale Contract Date: Jun 11, 1998
  • Previous Sale Amount: $188,500
  • Previous Sale Document Type: 27
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 North Merrick

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$511

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2143 ft²

Average Home Age

52 years

Currently For Sale

20 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 201 Stuyvesant Avenue, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,244 ft²
201 Stuyvesant Avenue, Merrick, NY, 11566 Listing by Kevin Coons
Unit for rent at 2171 Washington Street, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,526 ft²
2171 Washington Street, Merrick, NY, 11566 Listing by Cathy Stone CBR
Unit for rent at 402 Leslie Lane, Uniondale, NY, 11553

$4,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,206 ft²
402 Leslie Lane, Uniondale, NY, 11553 Listing by Yvrose Cadet

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1331 Harry Lane built and last sold?
The property at 1331 Harry Lane was built in 1949 and last sold on Oct 11, 2007 for $442,900.
How much is this home worth?
The estimated value of the home located at 1331 Harry Lane is $0.
What are some comparable homes to 1331 Harry Lane?
There are currently no comparable homes to 1331 Harry Lane.
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