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Merrick 11566 Merrick
1691 Ivanhoe Drive
Photo of 1691 Ivanhoe Drive

36

Map

Photo of 1691 Ivanhoe Drive
Photo of 1691 Ivanhoe Drive
$698,888
↓ $50K (6.7%)
● House - For Sale

1691 Ivanhoe Drive

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,467 Ft²
Upcoming Open House
12PM - 2PM, Sun, Nov 1 -
Book now
$4,551
Est. Monthly

About This Property

Welcome to your new home in Merrick. This adorable ranch has so much to offer. Enjoy a flexible layout with an open kitchen design featuring newer stainless-steel appliances, gas cooking, gorgeous black granite countertops with a peninsula and custom cabinetry. Yes, there is a spacious full finished basement, plus a sunken den with its own private entrance. If you're looking for potential to add bonus rental space, here it is. Hardwood floors throughout, new roof and new siding. Convenient half bath in primary bedroom. Natural gas and sewers are a given, and an attached one car garage with a loft area can be used for private parking or extra storage. Fully fenced yard on a corner lot, on a quiet block with lots of street parking. This is the one.
Unit Size
1,467 Ft²
Days on Market
43 days
Land Size
0.15 acres
Price per sqft
$476
Property Type
House
Property Taxes
$1,119
HOA Dues
-
Year Built
1957

Listed By

Eric Boorum
Eric Boorum
[email protected]
Douglas Elliman Real Estate

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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 hours ago (OneKey MLS #KEY1044116)

Price History

Date / Event Date Event Price
Oct 27, 2026 Price Decreased $698,888
↓ $50K (6.7%)
Price Decreased
Aug 26, 2026 Listed by Douglas Elliman Real Estate $749,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Open Floorplan, Stone Counters, Storage, First Floor Bedroom, First Floor Full Bath, Open Kitchen, Washer/Dryer Hookup
Appliances: Stainless Steel Appliance(s)
Flooring Type: Hardwood
Laundry Features: In Basement
Rooms: 9
Basement: Finished, Full
Exterior Details
Square Footage: 1467
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1957
Building Area Total: 1467
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Area: 6600
Lot Size Units: Square Feet
Lot Size Acres: 0.1515
Lot Size Square Feet: 6600
Water Source: Public
Financial Details
Tax Assessed Value: $461
Tax Annual Amount: $13,428
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 55-156-00-0001
  • Block: 156
  • Lot: 1
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6583
  • Longitude: -73.5612

    Address

  • Full Address: 1691 Ivanhoe Dr
  • Address - House Number: 1691
  • 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: $1,071,415
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 602,564
  • High Value: 712,470
  • Low Value: 492,659

    Market Valuation

  • Market Total Value: $437,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437
  • Assessed Land Value: $207
  • Assessed Improvements Value: $230

    Exemptions

  • Homeowner Exemption: Yes
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

$491

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2173 ft²

Average Home Age

65.5 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

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$7,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,300 ft²
60 W Milton Street, Freeport, NY, 11520 Listing by Yanina I. Calixte
Unit for rent at 607 Nassau Street, Bellmore, NY, 11710

$6,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,438 ft²
607 Nassau Street, Bellmore, NY, 11710 Listing by Alejandro A. Negron
Unit for rent at 2084 Washington Street, Merrick, NY, 11566

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 496 ft²
2084 Washington Street, Merrick, NY, 11566 Listing by Shari Henkell SRES

Rentals Near You

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OneKey

Last Updated: 3 hours ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1691 Ivanhoe Drive built and last sold?
The property at 1691 Ivanhoe Drive was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1691 Ivanhoe Drive is $706,686.
What are some comparable homes to 1691 Ivanhoe Drive?
There are currently no comparable homes to 1691 Ivanhoe Drive.
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