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Merrick 11566 Merrick
49 Princeton Place
Photo of 49 Princeton Place
Sold on Dec 1, 2025

19

Map

Photo of 49 Princeton Place
Photo of 49 Princeton Place
$619,000
● House - Off Market

49 Princeton Place

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$3,856
Est. Monthly
13.52%
Cap Rate

About This Property

Immaculate expanded Cape. Squeaky clean! 4 bedrooms 1 bath. Anderson Windows. Hardwood floors through out. Situated in Old Lindenmere where old world charm abounds.  Birch elementary, MAMS middle, Sanford H Calhoun High. Must see. TURN KEY HOME.
Unit Size
1,328 Ft²
Days on Market
94 days
Land Size
0.13 acres
Price per sqft
$466
Property Type
House
Property Taxes
$816
HOA Dues
-
Year Built
1949

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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: 11 months ago (OneKey MLS #KEY905123)

Price History

Date / Event Date Event Price
Dec 1, 2025 Sold
Premium
Sold
Oct 4, 2025 In contract -
In contract
Sep 9, 2025 Price Decreased $619,000
↓ $30K (4.6%)
Price Decreased
Aug 25, 2025 Listed by Douglas Elliman Real Estate $649,000
Listed by Douglas Elliman Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 415101

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-138-00-0001
  • Block: 138
  • Lot: 1
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6577
  • Longitude: -73.5572

    Address

  • Full Address: 49 Princeton Pl
  • Address - House Number: 49
  • Address - Street Name: Princeton
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Merrick
  • Carrier Code: C006
  • 4-Digit Zip Code: 4231
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $211,136
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 591,545
  • High Value: 691,372
  • Low Value: 491,717

    Market Valuation

  • Market Total Value: $383,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383
  • Assessed Land Value: $181
  • Assessed Improvements Value: $202

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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

$488

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2139 ft²

Average Home Age

63.2 years

Currently For Sale

38 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

Rentals Near You

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OneKey

Last Updated: 11 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 49 Princeton Place built and last sold?
The property at 49 Princeton Place was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 49 Princeton Place is $0.
What are some comparable homes to 49 Princeton Place?
There are currently no comparable homes to 49 Princeton Place.
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