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North Merrick 11566 North Merrick
1428 Meadowbrook Road
$765,000
● House - Off Market

1428 Meadowbrook Road

Merrick, NY 11566
bedrooms
6 Beds
bathrooms
3 Baths
$841,164
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

HUGE! Hi-Ranch in Merrick With Ample Space Throught-out 6 Bedrooms + Bonus Room Separate Entrances For First and Second Floor. Freshly Painted with New Flooring. Close Proximity to Parkway. Large In-ground Pool and Paved Backyard Perfect to Entertaining. Top Floor Features Open Living Room + Dining Room Area Open Eat-In Kitchen with Sliding Doors Leading to Deck and Backyard. 3 Bedrooms 1 Full Bathroom. Lower Level Has Large Master With Separate Entrance and Washer/Dryer 2 Additional Bedrooms 1 Hallway Full Bathroom + Bonus Room with OSE Walks Out to Pool & BBQ Area
Unit Size
-
Days on Market
98 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,222
HOA Dues
-
Year Built
1984

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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: 3 years ago (OneKey MLS #ONE3311337)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Aug 17, 2021 Sold
Premium
Sold
Jun 2, 2021 Relisted $735,000
Relisted
May 29, 2021 In contract -
In contract
May 22, 2021 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,170
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 6,060
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,447
  • Gross Building Area: 2,447
  • Building Area: 2,447
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,447
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • Standard Land Use Code: 1101
  • County Land Use Code: 2200
  • 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: 414600

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-028-00-0669
  • Block: 28
  • Lot: 669
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6835
  • Longitude: -73.5703

    Address

  • Full Address: 1428 Meadowbrook Rd
  • Address - House Number: 1428
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Merrick
  • Carrier Code: C011
  • 4-Digit Zip Code: 1955
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,496,917
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 813,327
  • High Value: 958,209
  • Low Value: 668,445

    Market Valuation

  • Market Total Value: $570,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $570
  • Assessed Land Value: $199
  • Assessed Improvements Value: $371

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-125035
  • Previous Sale Recording Date: Sep 27, 2007
  • Previous Sale Contract Date: Sep 20, 2007
  • Previous Sale Amount: $475,000
  • 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

$514

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2117 ft²

Average Home Age

52 years

Currently For Sale

18 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1428 Meadowbrook Road built and last sold?
The property at 1428 Meadowbrook Road was built in 1984 and last sold on Aug 17, 2021 for $765,000.
How much is this home worth?
The estimated value of the home located at 1428 Meadowbrook Road is $742,350.
What are some comparable homes to 1428 Meadowbrook Road?
There are currently no comparable homes to 1428 Meadowbrook Road.
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