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Merrick 11566 Merrick
1782 Relyea Drive
$418,000
● House - Off Market

1782 Relyea Drive

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
1 Bath
$658,069
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Do Not Miss this 3 Bedroom ranch located in desirable N. Merrick -  HW floors, 2 slim-line AC (2 years old) updated boiler, updated kitchen appliances -  Calhoun H.S., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$878
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (OneKey MLS #KEYL3115990)

Price History

Date / Event Date Event Price
Feb 23, 2021 Sold
Premium
Sold
Dec 22, 2020 In contract -
In contract
Dec 11, 2020 Listed by BERKSHIRE HATHAWAY $965,000
Listed by BERKSHIRE HATHAWAY
Oct 31, 2019 Sold
Premium
Sold
Sep 20, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,920
  • Building Area: 2,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,920
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 415000

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-533-00-0015
  • Block: 533
  • Lot: 15
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6756
  • Longitude: -73.5667

    Address

  • Full Address: 1782 Relyea Dr
  • Address - House Number: 1782
  • Address - Street Name: Relyea
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C026
  • 4-Digit Zip Code: 2524
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,187,320
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 68
  • Final Value: 1,135,281
  • High Value: 1,392,354
  • Low Value: 878,209

    Market Valuation

  • Market Total Value: $788,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $788
  • Assessed Land Value: $240
  • Assessed Improvements Value: $548

    Sales

  • Current Sale Contract Date: Feb 17, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-036081
  • Previous Sale Recording Date: Oct 31, 2019
  • Previous Sale Contract Date: Sep 19, 2019
  • Previous Sale Amount: $418,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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:

$899,000

Sale Price/ft²

$491

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2215 ft²

Average Home Age

61.6 years

Currently For Sale

33 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 51 Smith Street, Merrick, NY, 11566

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
51 Smith Street #A1, Merrick, NY, 11566 Listing by Kevin Coons
Unit for rent at 572 Decatur Street, Uniondale, NY, 11553

$9,900 /mo

  • 9 Beds
  • 4 Baths
  • 3,750 ft²
572 Decatur Street, Uniondale, NY, 11553 Listing by Rong Li Gu
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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1782 Relyea Drive built and last sold?
The property at 1782 Relyea Drive was built in 1951 and last sold on Feb 17, 2021 for $950,000.
How much is this home worth?
The estimated value of the home located at 1782 Relyea Drive is $1,001,346.
What are some comparable homes to 1782 Relyea Drive?
There are currently no comparable homes to 1782 Relyea Drive.
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