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North Merrick 11566 North Merrick
1703 William Street
Photo of 1703 William Street
Sold on Dec 5, 2022

28

Map

Photo of 1703 William Street
Photo of 1703 William Street
$585,000
● House - Off Market

1703 William Street

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
1 Bath
$615,313
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Move right in to this beautifully maintained 3 bedroom Ranch located in N. Merrick.  Recently renovated kitchen with desirable white cabinets and quartz countertops. New laminate floors throughout the whole house with oak hardwood floors underneath for those who prefers the original wood look.  Full basement offers additional space as well as storage and laundry room.  Upgraded water heater, in-ground sprinkler system and attached 1.5 car garage are some of the features that this house has to offer.  Beautiful landscaping around the house will make you feel right at home.  Close to schools, shops, restaurants, parks and more.  A Must See!, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
82 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$912
HOA Dues
-
Year Built
1959

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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: 2 years ago (OneKey MLS #KEYL3430336)

Price History

Date / Event Date Event Price
Dec 5, 2022 Sold
Premium
Sold
Sep 29, 2022 In contract -
In contract
Sep 13, 2022 Listed by Signature Premier Properties $579,999
Listed by Signature Premier Properties
Apr 22, 1996 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • 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: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • 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: 55-019-00-0073
  • Block: 19
  • Lot: 73
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6825
  • Longitude: -73.569

    Address

  • Full Address: 1703 William St
  • Address - House Number: 1703
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: NY
  • City Name: Merrick
  • Carrier Code: C011
  • 4-Digit Zip Code: 1937
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $957,954
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 576,379
  • High Value: 680,143
  • Low Value: 472,615

    Market Valuation

  • Market Total Value: $419,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419
  • Assessed Land Value: $185
  • Assessed Improvements Value: $234

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-117098
  • Previous Sale Recording Date: Apr 22, 1996
  • Previous Sale Contract Date: Apr 16, 1996
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

2206 ft²

Average Home Age

49.7 years

Currently For Sale

16 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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$4,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
694 Blackstone Avenue, East Meadow, NY, 11554 Listing by Jaime Aguilar
Unit for rent at 21 W Centennial Ave, Roosevelt, NY, 11575

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,176 ft²
21 W Centennial Ave, Roosevelt, NY, 11575 Listing by Ahdehroh Lambert Mortimore
Unit for rent at 70 S Main Street, Freeport, NY, 11520

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
70 S Main Street #307, Freeport, NY, 11520 Listing by Lucien Saintfort

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1703 William Street built and last sold?
The property at 1703 William Street was built in 1959 and last sold on Dec 5, 2022 for $613,000.
How much is this home worth?
The estimated value of the home located at 1703 William Street is $0.
What are some comparable homes to 1703 William Street?
There are currently no comparable homes to 1703 William Street.
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