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Merrick 11566 Merrick
1669 Cortelyou Road
$800,000
● House - Off Market

1669 Cortelyou Road

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,409 Ft²
$857,113
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

OWNER REQUESTS ALL SHOWINGS WEAR MASKS.  SPECTACULAR SPACIOUS WIDE LINE HI RANCH IN DESIRABLE LOCATION. QUIET DEAD END STREET.  SIDING DONE IN 2019. NEWLY UPDATED EIK WITH QUARTZ COUNTERTOPS. IMMACULATELY KEPT HOME. CAC, IGS,    MASSIVE BACKYARD GREAT FOR PARTIES OR RELAXING .PERFECT HOME FOR MOTHER DAUGHTER WITH PROPER PERMITS. NO REPS OR WARRANTEES, Additional information: Appearance:Excellent
Unit Size
2,409 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$344
Property Type
House
Property Taxes
$1,343
HOA Dues
-
Year Built
1971

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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 #KEYL3388098)

Price History

Date / Event Date Event Price
Aug 18, 2022 Sold
Premium
Sold
Apr 14, 2022 In contract -
In contract
Apr 1, 2022 Listed by Keller Williams Realty Greater $829,000
Listed by Keller Williams Realty Greater

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,011
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,409
  • Building Area: 2,409
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,409
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 55-187-00-0025
  • Block: 187
  • Lot: 25-27
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6582
  • Longitude: -73.5646

    Address

  • Full Address: 1669 Cortelyou Rd
  • Address - House Number: 1669
  • Address - Street Name: Cortelyou
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Merrick
  • Carrier Code: C036
  • 4-Digit Zip Code: 3726
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,414,595
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 804,404
  • High Value: 937,405
  • Low Value: 671,402

    Market Valuation

  • Market Total Value: $594,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594
  • Assessed Land Value: $212
  • Assessed Improvements Value: $382

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-88143
  • Previous Sale Recording Date: Sep 20, 2013
  • Previous Sale Contract Date: Aug 27, 2013
  • 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:

$929,000

Sale Price/ft²

$490

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2259 ft²

Average Home Age

61.8 years

Currently For Sale

38 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 47 Hillside Avenue, Freeport, NY, 11520

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,726 ft²
47 Hillside Avenue, Freeport, NY, 11520 Listing by Devon O. Miller
Unit for rent at 55 Bedell Street, Freeport, NY, 11520

$3,450 /mo

  • 3 Beds
  • 1 Bath
  • 8,250 ft²
55 Bedell Street #1, Freeport, NY, 11520 Listing by Otto E. Lugo GRI

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 1669 Cortelyou Road built and last sold?
The property at 1669 Cortelyou Road was built in 1971 and last sold on Aug 18, 2022 for $800,000.
How much is this home worth?
The estimated value of the home located at 1669 Cortelyou Road is $852,004.
What are some comparable homes to 1669 Cortelyou Road?
There are currently no comparable homes to 1669 Cortelyou Road.
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