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Jericho 11753 Jericho
20 Merry Lane
$868,000
● House - Off Market

20 Merry Lane

Jericho, NY 11753
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,947 Ft²
$1,081,088
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Top and best school of Whole USA - Jericho School Zone. 4 bedrooms 3 bathrooms split level house with two car garage. Granite counter top kitchen, wood floor, central heat and air system, beautiful deck etc. Sunny, bright and well maintenance house. Closed to Library, Park, Shopping Center. Walk distance to school. Investing for education will returning best future., Additional information: Appearance:Mint,Business Located At:,Rental Income:
Unit Size
1,947 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$457
Property Type
House
Property Taxes
$1,766
HOA Dues
-
Year Built
1957

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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: 5 months ago (OneKey MLS #KEYL3194609)

Price History

Date / Event Date Event Price
Jan 22, 2021 In contract -
In contract
Jan 1, 2021 No longer available -
No longer available
Jan 24, 2020 Listed by 1 Home Realty $889,000
Listed by 1 Home Realty
Aug 31, 2016 Sold
Premium
Sold
May 11, 2016 Listed by 1 Home Realty $848,000
Listed by 1 Home Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • 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: 457
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,947
  • Building Area: 1,947
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,947
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF BIRCHWOOD AT JERICHO
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 015

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518600

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-540-00-0023
  • Block: 540
  • Lot: 23
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7923
  • Longitude: -73.5347

    Address

  • Full Address: 20 Merry Ln
  • Address - House Number: 20
  • Address - Street Name: Merry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Jericho
  • Carrier Code: C016
  • 4-Digit Zip Code: 1725
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,189,194
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,133,377
  • High Value: 1,316,272
  • Low Value: 950,483

    Market Valuation

  • Market Total Value: $896,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $896
  • Assessed Land Value: $458
  • Assessed Improvements Value: $438

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-051915
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $835,000
  • 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 Jericho

Stats & Trends

Median Asking:

$1,298,888

Sale Price/ft²

$594

Below Asking

0.02%

Average Days on Market

91

Average Home Size

2748 ft²

Average Home Age

53 years

Currently For Sale

43 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 5 Cheshire Avenue, Syosset, NY, 11791

$5,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,032 ft²
5 Cheshire Avenue, Syosset, NY, 11791 Listing by Deborah A. Peseri
Unit for rent at 28 Fern Drive, Jericho, NY, 11753

$9,900 /mo

  • 5 Beds
  • 4 Baths
  • 4,000 ft²
28 Fern Drive, Jericho, NY, 11753 Listing by Lina Shi RENE
Unit for rent at 12 Vernon Street, Plainview, NY, 11803

$5,800 /mo

  • 5 Beds
  • 2 Baths
  • 2,614 ft²
12 Vernon Street, Plainview, NY, 11803 Listing by Biqing Ying

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 20 Merry Lane built and last sold?
The property at 20 Merry Lane was built in 1957 and last sold on Apr 12, 2021 for $868,000.
How much is this home worth?
The estimated value of the home located at 20 Merry Lane is $913,543.
What are some comparable homes to 20 Merry Lane?
There are currently no comparable homes to 20 Merry Lane.
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