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Merrick 11566 Merrick
1840 Stevens Avenue
Photo of 1840 Stevens Avenue
Sold on Jun 17, 2022

15

Map

Photo of 1840 Stevens Avenue
Photo of 1840 Stevens Avenue
$725,000
● House - Off Market

1840 Stevens Avenue

Hempstead, NY 11566
bedrooms
5 Beds
bathrooms
3 Baths
$656,523
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

CALLING ALL PROPERTY LOVERS.  INVESTORS OR BUILDERS DELIGHT!!  Tremendous property on a bucolic setting. The yard is 231 deep and nestled in the "woods" of Merrick.  This is a custom raised Colonial.  Front door sits side ways on property. Home boasts 5 bedrooms and 3 full baths. Greenhouse style kitchen with center island.  Very large dining room adjoining living room with alcove and full bath in hall.   Sliders to upper deck off dining room.  1st floor ground level den has wood burning fireplace, storage room and bedroom.  Sliders to lower patio and walk out to pool. Pool is heated and fenced. House has gas heat and cooking., Additional information: Appearance:handy man
Unit Size
-
Days on Market
69 days
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,487
HOA Dues
-
Year Built
1962

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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: 2 years ago (OneKey MLS #KEYL3389853)

Price History

Date / Event Date Event Price
May 15, 2023 Sold
Premium
Sold
Jun 17, 2022 Sold
Premium
Sold
Apr 27, 2022 In contract -
In contract
Apr 7, 2022 Listed by Douglas Elliman Real Estate $649,000
Listed by Douglas Elliman Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 19
  • 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: 3
  • Basement Area: 460
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 10,750
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,551
  • Building Area: 1,551
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,551
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000247
  • 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: 415201

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-00J-00-0144
  • Block: J
  • Lot: 144
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6739
  • Longitude: -73.5512

    Address

  • Full Address: 1840 Stevens Ave
  • Address - House Number: 1840
  • Address - Street Name: Stevens
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Merrick
  • Carrier Code: C025
  • 4-Digit Zip Code: 2843
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,646,927
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.1903
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 776,869
  • High Value: 924,762
  • Low Value: 628,976

    Market Valuation

  • Market Total Value: $566,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $566
  • Assessed Land Value: $273
  • Assessed Improvements Value: $293

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-28393
  • Previous Sale Recording Date: Jul 13, 2022
  • Previous Sale Contract Date: Jun 17, 2022
  • Previous Sale Amount: $725,000
  • 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

Unit for rent at 1002 Eglon Court, North Merrick, NY, 11566

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,632 ft²
1002 Eglon Court, North Merrick, NY, 11566 Listing by Stephen DeFranco
Unit for rent at 2607 Lindenmere Drive, Merrick, NY, 11566

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,500 ft²
2607 Lindenmere Drive, Merrick, NY, 11566 Listing by Yi Jiang

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 1840 Stevens Avenue built and last sold?
The property at 1840 Stevens Avenue was built in 1962 and last sold on May 12, 2023 for $590,000.
How much is this home worth?
The estimated value of the home located at 1840 Stevens Avenue is $0.
What are some comparable homes to 1840 Stevens Avenue?
There are currently no comparable homes to 1840 Stevens Avenue.
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