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Merrick 11566 Merrick
1674 James Street
$815,000
● House - Off Market

1674 James Street

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,161 Ft²
$5,942
Est. Monthly
9.04%
Cap Rate

About This Property

A new owner(s) awaits this spacious heart of S. Merrick classic high ranch situated on a unique over-sized property.  5 bedrooms (possibly 6) and 4 baths can be found in this amazing model. A modern, beautifully updated living area with gas fireplace and privacy sliders to the resort yard is perfect for hosting gatherings. The extra large backyard boasts a fully fenced property with a large patio and an awesome in-ground heated pool for the perfect stay-cation!! Nestled next to a beautiful grassy park the new owners are sure to love this location! Bonus room/office or guest-suite area. Short commute to NYC via LIRR! Tax grievance filed. Don't miss the opportunity to turn this into your own forever dream home truly  "a diamond in the rough", Additional information: Separate Hotwater Heater:Y
Unit Size
2,161 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$407
Property Type
House
Property Taxes
$1,625
HOA Dues
-
Year Built
1963

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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 #KEYL3584495)

Price History

Date / Event Date Event Price
Jan 22, 2025 Sold
Premium
Sold
Oct 10, 2024 Listed by Signature Premier Properties $879,000
Listed by Signature Premier Properties
Apr 8, 2009 Sold
Premium
Sold
Oct 14, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • 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: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 687
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 7,957
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 680
  • Total Building Area: 2,161
  • Building Area: 2,161
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,161
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF NORTHRIDGE PARK SECTION 4
  • Land Acres: 0000000183
  • 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: 414600

Geography

  • District: 282089
  • Section: 62
  • Parcel: 62-022-00-0131
  • Block: 22
  • Lot: 131
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6456
  • Longitude: -73.5566

    Address

  • Full Address: 1674 James St
  • Address - House Number: 1674
  • Address - Street Name: James
  • Address - Suffix Type: St
  • State: NY
  • City Name: Merrick
  • Carrier Code: C033
  • 4-Digit Zip Code: 4847
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,902,866
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 818,379
  • High Value: 950,442
  • Low Value: 686,316

    Market Valuation

  • Market Total Value: $694,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694
  • Assessed Land Value: $296
  • Assessed Improvements Value: $398

    Sales

  • Current Sale Contract Date: Mar 27, 2009
  • Current Sale Recording Date: Apr 08, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 14, 2008
  • Previous Sale Contract Date: Oct 03, 2008
  • Previous Sale Amount: $290,000
  • 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:

$954,000

Sale Price/ft²

$494

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2187 ft²

Average Home Age

65.1 years

Currently For Sale

40 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

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 1674 James Street built and last sold?
The property at 1674 James Street was built in 1963 and last sold on Mar 27, 2009 for $386,250.
How much is this home worth?
The estimated value of the home located at 1674 James Street is $887,790.
What are some comparable homes to 1674 James Street?
There are currently no comparable homes to 1674 James Street.
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