by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Merrick 11566 Merrick
2994 Cheryl Road
$810,000
● House - Off Market

2994 Cheryl Road

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,225,645
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Welcome to this MINT Condition 4 BR, 2.5 Bth Home in the Heart of South Merrick with some of the LOWEST TAXES in the neighborhood!!  Located on a quiet street, this home sits on an oversized lot sporting a multi-level party deck, Built in BBQ, retractable awning and landscaping galore with Room for a Pool! By the way, did I mention SUPER LOW TAXES!  Upgraded electric equipt with a generator transfer switch, all LED lighting, and only 3 year old utilities. Very Spacious and EXTREMELY LOW TAXES!!, Additional information: Appearance:Mint,Business Located At:,Rental Income:,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,196
HOA Dues
-
Year Built
1966

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #KEYL3170990)

Price History

Date / Event Date Event Price
Mar 3, 2020 Sold
Premium
Sold
Dec 5, 2019 In contract -
In contract
Oct 8, 2019 Listed by Keller Williams Realty Greater $849,000
Listed by Keller Williams Realty Greater
Nov 13, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 4
  • 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: 9
  • Basement Area: 260
  • Garage Type: 7
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,020
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,266
  • Building Area: 2,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,266
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 63-282-00-0020
  • Block: 282
  • Lot: 20
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6482
  • Longitude: -73.5382

    Address

  • Full Address: 2994 Cheryl Rd
  • Address - House Number: 2994
  • Address - Street Name: Cheryl
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Merrick
  • Carrier Code: C035
  • 4-Digit Zip Code: 5401
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,967,334
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 942,758
  • High Value: 1,111,516
  • Low Value: 774,000

    Market Valuation

  • Market Total Value: $746,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $746
  • Assessed Land Value: $301
  • Assessed Improvements Value: $445

    Sales

  • Current Sale Contract Date: Feb 29, 2020
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020-022760
  • Previous Sale Recording Date: Nov 13, 1995
  • Previous Sale Contract Date: Oct 27, 1995
  • Previous Sale Amount: $358,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$899,000

Sale Price/ft²

$491

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2212 ft²

Average Home Age

60 years

Currently For Sale

32 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

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 2994 Cheryl Road built and last sold?
The property at 2994 Cheryl Road was built in 1966 and last sold on Feb 29, 2020 for $810,000.
How much is this home worth?
The estimated value of the home located at 2994 Cheryl Road is $857,490.
What are some comparable homes to 2994 Cheryl Road?
There are currently no comparable homes to 2994 Cheryl Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Merrick Homes for Sale
Merrick Houses for Sale
Merrick Condos for Sale
Merrick Co-Ops for Sale
Merrick Commercial for Sale
Merrick Homes with Basements
Merrick Homes with Pools
Merrick Homes with Parking
Nearby Cities
Levittown Homes for Sale
Freeport Homes for Sale
East Meadow Homes for Sale
Hempstead Homes for Sale
Baldwin Homes for Sale
Bellmore Homes for Sale
Wantagh Homes for Sale
North Bellmore Homes for Sale
Nearby Property Records
Nassau County, NY Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Bergen County, NJ Property Records
Westchester County, NY Property Records
Essex County, NJ Property Records
Union County, NJ Property Records
Monmouth County, NJ Property Records
Neighborhoods
South Bellmore Real Estate
Nearby Counties
Hempstead Homes for Sale
Top Real Estate Agents
Top Agents in Merrick
Top Agents in Hempstead
Top Agents in Levittown
Top Agents in 11756
Top Agents in 11520
Top Agents in Freeport
Top Agents in 11566
Top Agents in 11510