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Merrick 11566 Merrick
14 Ivanhoe Drive
$849,000
● House - Off Market

14 Ivanhoe Drive

Hempstead, NY 11566
bedrooms
6 Beds
bathrooms
4 Baths
$895,950
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Pride of ownership! This Charming Expanded Cape Offers Many! Updated Eat in Kitchen W/ Cherry Oat Cabinetry, Granite Counters, Custom Tile Back Splash, Tile Flooring, Sunroom/Laundry Room, 5 Bedrooms, 4 Full Baths, Hardwood Floors, Wood Burning Stone F/P, Full Finished Basement W/ Wet Bar, Entertainment Room, Wine Cellar, Storage, & Utilities, 2 Car Garage, Solar Panels, Updated Windows, Siding, Roof, 200 Amp Electrical Service, Central Air Conditioning, Heated In Ground Pool 16x36, Deck, Patio, Outside Outlets, Possible  InLawapartment, TO MUCH TO LIST! WON'T LAST!!, Additional information: Appearance:Mint,Green Features:Insulated Doors,Interior Features:Guest Quarters,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
126 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,576
HOA Dues
-
Year Built
1948

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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: 4 months ago (OneKey MLS #KEYL3412335)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Sep 6, 2022 In contract -
In contract
Aug 8, 2022 Price Decreased $849,000
↓ $50K (5.6%)
Price Decreased
Jul 13, 2022 Listed by Coldwell Banker American Homes $899,000
Listed by Coldwell Banker American Homes
Pride of ownership! This Charming Expanded Cape Offers Many! Updated Eat in Kitchen W/ Cherry Oat Cabinetry, Granite Counters, Custom Tile Back Splash, Tile Flooring, Sunroom/Laundry Room, 5 Bedrooms, 4 Full Baths, Hardwood Floors, Wood Burning Stone F/P, Full Finished Basement W/ Wet Bar, Entertainment Room, Wine Cellar, Storage, & Utilities, 2 Car Garage, Solar Panels, Updated Windows, Siding, Roof, 200 Amp Electrical Service, Central Air Conditioning, Heated In Ground Pool 16x36, Deck, Patio, Outside Outlets, Possible InLawapartment, TO MUCH TO LIST! WON'T LAST!!
Jun 30, 2022 Listed by Coldwell Banker American Homes $849,000
Listed by Coldwell Banker American Homes
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 712
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,536
  • Building Area: 2,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 415101

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-156-00-0037
  • Block: 156
  • Lot: 37-40
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6592
  • Longitude: -73.56

    Address

  • Full Address: 14 Ivanhoe Dr
  • Address - House Number: 14
  • Address - Street Name: Ivanhoe
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C036
  • 4-Digit Zip Code: 4115
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,795,149
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 919,607
  • High Value: 1,068,006
  • Low Value: 771,209

    Market Valuation

  • Market Total Value: $714,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $714
  • Assessed Land Value: $245
  • Assessed Improvements Value: $469

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-111561
  • Previous Sale Recording Date: Dec 28, 2011
  • Previous Sale Contract Date: Dec 08, 2011
  • Previous Sale Amount: $100,000
  • 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:

$899,000

Sale Price/ft²

$491

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2212 ft²

Average Home Age

60 years

Currently For Sale

32 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 87-89 Main Street, Freeport, NY, 11520

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
87-89 Main Street #204, Freeport, NY, 11520 Listing by Angelo P. Pastore
Unit for rent at 1539 Park Avenue, Merrick, NY, 11566

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,386 ft²
1539 Park Avenue, Merrick, NY, 11566 Listing by Lisa J. DeTurris
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: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 14 Ivanhoe Drive built and last sold?
The property at 14 Ivanhoe Drive was built in 1948 and last sold on Nov 10, 2022 for $849,000.
How much is this home worth?
The estimated value of the home located at 14 Ivanhoe Drive is $857,490.
What are some comparable homes to 14 Ivanhoe Drive?
There are currently no comparable homes to 14 Ivanhoe Drive.
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