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Merrick 11566 Merrick
1771 Horatio Avenue
$875,000
● House - Off Market

1771 Horatio Avenue

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,107 Ft²
$5,445
Est. Monthly

About This Property

Rare find! Beautiful mid-block updated over 2100 sq ft. 5 bdrm 3 full bath Hi-Ranch with full finished basement! Perfect for large family or Mother/Daughter with proper permit. Vaulted Corian/Stainless EIK with skylights, Formal Dining Room, Primary Suite w/full bath, 2 bdrms, Full Bath. Lower Level, 2 bdrms, Living Room, Full Bath. Beautiful finished basement. Hardwood floors, 2 zone CAC, 3 zone heat. Separate HW Heater, Updated Electric, Solar panels are owned. In-ground sprinklers. Attached 1 car garage, Charging Station. Conveniently located to shopping, LIRR, schools and parkways. Won't Last! Don't Miss Out!, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
2,107 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$396
Property Type
House
Property Taxes
$1,345
HOA Dues
-
Year Built
1987

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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: 6 months ago (OneKey MLS #KEYL3513239)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Nov 14, 2023 In contract -
In contract
Oct 27, 2023 Listed by Douglas Elliman Real Estate $835,000
Listed by Douglas Elliman Real Estate
Sep 19, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • 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: 800
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • 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: 2,107
  • Building Area: 2,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,107
  • Heating Fuel Type: 3

    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: LOTS 1106-1107 TOWN #1 SCH DIST 029

Neighborhood

  • School District Name: North Merrick Union Free School District
  • School Tax School District: 029
  • Census Tract: 415000

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-077-00-1106
  • Block: 77
  • Lot: 1106
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6725
  • Longitude: -73.5648

    Address

  • Full Address: 1771 Horatio Ave
  • Address - House Number: 1771
  • Address - Street Name: Horatio
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Merrick
  • Carrier Code: C018
  • 4-Digit Zip Code: 2948
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,455,864
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.0926
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 91
  • Final Value: 819,719
  • High Value: 895,673
  • Low Value: 743,766

    Market Valuation

  • Market Total Value: $625,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625
  • Assessed Land Value: $191
  • Assessed Improvements Value: $434

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 07, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2024-11655
  • Previous Sale Recording Date: Sep 19, 2000
  • Previous Sale Contract Date: Aug 28, 2000
  • Previous Sale Amount: $354,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

$488

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2189 ft²

Average Home Age

65.9 years

Currently For Sale

37 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 201 Stuyvesant Avenue, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,244 ft²
201 Stuyvesant Avenue, Merrick, NY, 11566 Listing by Kevin Coons
Unit for rent at 318 Linden Street, Bellmore, NY, 11710

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
318 Linden Street, Bellmore, NY, 11710 Listing by Sandra S. Satzinger
Unit for rent at 2171 Washington Street, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,526 ft²
2171 Washington Street, Merrick, NY, 11566 Listing by Cathy Stone CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1771 Horatio Avenue built and last sold?
The property at 1771 Horatio Avenue was built in 1987 and last sold on Feb 7, 2024 for $875,000.
How much is this home worth?
The estimated value of the home located at 1771 Horatio Avenue is $848,008.
What are some comparable homes to 1771 Horatio Avenue?
There are currently no comparable homes to 1771 Horatio Avenue.
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