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Merrick 11566 Merrick
2072 Blanche Lane
$690,000
● House - Off Market

2072 Blanche Lane

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$723,738
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Let's Make a Deal !Motivated Seller! Large Splanch situated on a beautiful street in South Merrick boasts 4 grande sized  bedrooms and a 2 car garage. The primary bedroom has an en-suite bathroom plus home has 1.5 additional  bathrooms, CAC, inground sprinklers, new roof , many new windows too. This is a perfect location close to shops, transportation, highways and just a ten minute drive to Jones Beach. This home has endless possibilities! Priced To Sell!, Lowest priced splanch on the market today! Taxes were not grieved, Additional information: Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,840
HOA Dues
-
Year Built
1966

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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: 4 months ago (OneKey MLS #KEYL3401055)

Price History

Date / Event Date Event Price
Sep 16, 2023 Back on market -
Back on market
Aug 24, 2022 Sold
Premium
Sold
Jul 7, 2022 In contract -
In contract
Jun 24, 2022 Price Decreased $699,999
↓ $49K (6.5%)
Price Decreased
Jun 7, 2022 Price Increased $749,000
↑ $49K (7%)
Price Increased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • 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: 7
  • Basement Area: 285
  • Garage Type: 10
  • Garage Square Area: 456
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,076
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,850
  • Building Area: 2,850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,850
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • 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: 63-320-00-0006
  • Block: 320
  • Lot: 6
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6452
  • Longitude: -73.5364

    Address

  • Full Address: 2072 Blanche Ln
  • Address - House Number: 2072
  • Address - Street Name: Blanche
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Merrick
  • Carrier Code: C035
  • 4-Digit Zip Code: 5503
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,943,976
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,020,791
  • High Value: 1,185,517
  • Low Value: 856,064

    Market Valuation

  • Market Total Value: $774,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $774
  • Assessed Land Value: $280
  • Assessed Improvements Value: $494

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-89324
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:

$899,500

Sale Price/ft²

$492

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2184 ft²

Average Home Age

61.4 years

Currently For Sale

31 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 317 Bedford Avenue, Bellmore, NY, 11710

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
317 Bedford Avenue, Bellmore, NY, 11710 Listing by Gina M. Padro HFR PSA RSPS SFR SRS
Unit for rent at 1741 Warren Place, Merrick, NY, 11566

$4,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,075 ft²
1741 Warren Place, Merrick, NY, 11566 Listing by Shari M. DeLouya CBR

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 2072 Blanche Lane built and last sold?
The property at 2072 Blanche Lane was built in 1966 and last sold on Aug 24, 2022 for $690,000.
How much is this home worth?
The estimated value of the home located at 2072 Blanche Lane is $706,999.
What are some comparable homes to 2072 Blanche Lane?
There are currently no comparable homes to 2072 Blanche Lane.
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