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Merrick 11566 Merrick
Undisclosed Address
$695,000
● House - Off Market

Undisclosed Address

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,059,567
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Totally Renovated Custom Splanch - State Of The Art Eik Cust Cabinets, Backsplash, Granite Countertops, Stainless Appls, Hi-Hats, Crn Mldgs & Cust Flrs, New Custom Bannisters, New Custom Baths & Windows, Cac & Air Handler,  Washer & Gas Dryer, New Heating System, 200 Amp Electric, Vinyl Siding, Custom Entry Doors. New Garage Doors. Anderson Sliders - Flood Zone X < $500/Yr, Additional information: Appearance:Mint+++,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,303
HOA Dues
-
Year Built
1964

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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: 5 months ago (OneKey MLS #KEYL3003732)

Price History

Date / Event Date Event Price
Jul 12, 2018 Sold
Premium
Sold
Feb 10, 2018 Listed by Douglas Elliman Real Estate $699,000
Listed by Douglas Elliman Real Estate
Jun 24, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 384
  • Garage Type: 7
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • 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: 2,344
  • Building Area: 2,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,344
  • Heating Fuel Type: 3

    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 025

Neighborhood

  • School District Name: Merrick Union Free School District
  • School Tax School District: 025
  • Census Tract: 415202

Geography

  • District: 282089
  • Section: 63
  • Parcel: 63-294-00-0003
  • Block: 294
  • Lot: 3
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6466
  • Longitude: -73.5386

    Address

  • Full Address: 2044 Ellen Dr
  • Address - House Number: 2044
  • Address - Street Name: Ellen
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C035
  • 4-Digit Zip Code: 5404
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,838,217
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 887,164
  • High Value: 1,034,143
  • Low Value: 740,185

    Market Valuation

  • Market Total Value: $694,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694
  • Assessed Land Value: $288
  • Assessed Improvements Value: $406

    Sales

  • Current Sale Contract Date: Jun 14, 2018
  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-060961
  • Previous Sale Recording Date: Jun 24, 2011
  • Previous Sale Contract Date: Jun 17, 2011
  • Previous Sale Amount: $629,000
  • 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:

$949,000

Sale Price/ft²

$490

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2163 ft²

Average Home Age

63.5 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 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 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2044 Ellen Drive built and last sold?
The property at 2044 Ellen Drive was built in 1964 and last sold on Jun 14, 2018 for $695,000.
How much is this home worth?
The estimated value of the home located at 2044 Ellen Drive is $0.
What are some comparable homes to 2044 Ellen Drive?
There are currently no comparable homes to 2044 Ellen Drive.
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