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Merrick 11566 Merrick
2075 Ellen Drive
$875,000
● House - Off Market

2075 Ellen Drive

Merrick, NY 11566
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$971,631
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Renovated 4/5 bdrm 2 1/2 bath 4 level Chalet Splanch!! Beautiful entry foyer with gorgeous steel and iron double front doors. Huge Master Suite, Gas Heat/cooking, Wood burning fireplace, 1st floor laundry, Large basement, Hardwood floors, 2 car garage. Renovation within the last 10 years include: Beautiful granite/stainless EIK with large center island, Roof, siding, PVC fence, electric. 2 renovated baths 2020. Paver patio, pond! Won't Last!!
Unit Size
-
Days on Market
187 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,576
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: 3 years ago (OneKey MLS #ONE3290200)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Mar 7, 2021 In contract -
In contract
Feb 25, 2021 Listed by Douglas Elliman Real Estate $849,000
Listed by Douglas Elliman Real Estate
May 12, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 6
  • 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: 17
  • 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
  • Subdivision: MAP OF STORYBROOK PARK SECTION #4
  • 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: 63-283-00-0039
  • Block: 283
  • Lot: 39
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6474
  • Longitude: -73.538

    Address

  • Full Address: 2075 Ellen Dr
  • Address - House Number: 2075
  • Address - Street Name: Ellen
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Merrick
  • Carrier Code: C035
  • 4-Digit Zip Code: 5405
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,851,808
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 878,741
  • High Value: 1,036,039
  • Low Value: 721,442

    Market Valuation

  • Market Total Value: $649,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649
  • Assessed Land Value: $271
  • Assessed Improvements Value: $378

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-118341
  • Previous Sale Recording Date: May 12, 1999
  • Previous Sale Contract Date: May 04, 1999
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 27
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

66 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2075 Ellen Drive built and last sold?
The property at 2075 Ellen Drive was built in 1964 and last sold on Aug 31, 2021 for $875,000.
How much is this home worth?
The estimated value of the home located at 2075 Ellen Drive is $0.
What are some comparable homes to 2075 Ellen Drive?
There are currently no comparable homes to 2075 Ellen Drive.
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