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North Merrick 11566 North Merrick
148 Taft Avenue
$765,000
● House - Off Market

148 Taft Avenue

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,665 Ft²
$792,441
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Fully renovated 3-4 bedroom spacious colonial on oversized lot in a beautiful section of Merrick. New roof, new siding, new kitchen, 2 new full baths, new heating as well as many other updates. Other features include: park-like backyard with large deck for entertaining, two car detached garage with extra wide driveway, fully finished basement, formal dining room, wood burning fireplace. Great schools, great location, great property. Will not last., Additional information: Appearance:MINT,Green Features:Insulated Doors,Separate Hotwater Heater:Y
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$462
Property Type
House
Property Taxes
$1,183
HOA Dues
-
Year Built
1934

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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: 5 months ago (OneKey MLS #KEYL3436357)

Price History

Date / Event Date Event Price
Mar 14, 2023 Sold
Premium
Sold
Feb 11, 2023 In contract -
In contract
Feb 3, 2023 Relisted $575,000
Relisted
Jan 5, 2023 In contract -
In contract
Oct 11, 2022 Listed by RealMart Realty LLC $769,000
Listed by RealMart Realty LLC
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF FREDERICK FARMS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 004

Neighborhood

  • School District Name: Bellmore-Merrick Central High School District
  • School Tax School District: 004
  • Census Tract: 414700

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-011-00-0071
  • Block: 11
  • Lot: 71
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.686
  • Longitude: -73.5516

    Address

  • Full Address: 148 Taft Ave
  • Address - House Number: 148
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Merrick
  • Carrier Code: C029
  • 4-Digit Zip Code: 1822
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,400,766
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 387

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 787,061
  • High Value: 935,065
  • Low Value: 639,057

    Market Valuation

  • Market Total Value: $536,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536
  • Assessed Land Value: $256
  • Assessed Improvements Value: $280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-15912
  • Previous Sale Recording Date: Jun 24, 2022
  • Previous Sale Contract Date: Jun 06, 2022
  • Previous Sale Amount: $575,000
  • 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 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 396 Chestnut Avenue, East Meadow, NY, 11554

$9,580 /mo

  • 6 Beds
  • 3 Baths
  • 2,492 ft²
396 Chestnut Avenue, East Meadow, NY, 11554 Listing by Feng Zhan
Unit for rent at 317 Bedford Avenue, Bellmore, NY, 11710

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
317 Bedford Avenue, Bellmore, NY, 11710 Listing by Gina M. Padro HFR PSA RSPS SFR SRS
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

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 148 Taft Avenue built and last sold?
The property at 148 Taft Avenue was built in 1934 and last sold on Mar 9, 2023 for $765,000.
How much is this home worth?
The estimated value of the home located at 148 Taft Avenue is $773,005.
What are some comparable homes to 148 Taft Avenue?
There are currently no comparable homes to 148 Taft Avenue.
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