by RH Advisors

See Home Value
$645,000
● House - Off Market

588 Merrick Road

Hempstead, NY 11563
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,644 Ft²
$4,287
Est. Monthly
10.04%
Cap Rate

About This Property

Welcome to lynbrook! A perfect blend of comfort and convenience. As you step into the home, you'll find a delightful enclosed porch that invites you into a spacious living room, complete with a cozy wood-burning fireplace, perfect for relaxing evenings at home. Welcomed by a bright and airy dinning room with natural hardwood floors and abundant natural lighting from the wall to wall windows, ideal layout for entertaining and gatherings. The large kitchen with ample space, and a mud room that provides easy access to the backyard. The 2nd level features four bedrooms with tons of natural lighting in each room, in addition to a full bathroom. Last but not least you will find a large walk up attic that will provide additional living space, home office or playroom - this home has endless potential! Situated close to the bustling village of Lynbrook, you'll enjoy an array of amazing restaurants and entertainment options minutes away from your doorstep. Plus, with easy access to the Long Island Railroad, commuting to NYC is quick and convenient. Don't miss the opportunity to make this charming home yours.
Unit Size
1,644 Ft²
Days on Market
245 days
Land Size
0.10 acres
Price per sqft
$389
Property Type
House
Property Taxes
$1,144
HOA Dues
-
Year Built
1920

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (OneKey MLS #KEYL3570758)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Sold
Feb 12, 2025 In contract -
In contract
Feb 4, 2025 Relisted $431,000
Relisted
Feb 3, 2025 Price Decreased $640,000
↓ $45K (6.6%)
Price Decreased
Feb 3, 2025 No longer available -
No longer available
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 16
  • 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: 98
  • 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: 4,200
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 020

Neighborhood

  • School District Name: Lynbrook Union Free School District
  • School Tax School District: 020
  • School Tax District Code 2: LYN
  • Census Tract: 411800

Geography

  • District: 282025
  • Section: 37
  • Parcel: 37-00F-00-0165
  • Block: F
  • Lot: 165
  • Municipality: LYNBROOK
  • Latitude: 40.6603
  • Longitude: -73.6835

    Address

  • Full Address: 588 Merrick Rd
  • Address - House Number: 588
  • Address - Street Name: Merrick
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lynbrook
  • Carrier Code: C005
  • 4-Digit Zip Code: 2312
  • Zip Code: 11563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $883,834
  • Tax Rate Code Area: 458

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 77
  • Final Value: 547,640
  • High Value: 643,305
  • Low Value: 451,975

    Market Valuation

  • Market Total Value: $388,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388
  • Assessed Land Value: $152
  • Assessed Improvements Value: $236

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-094868
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: Mar 12, 2020
  • Previous Sale Amount: $332,840
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX

    Previous Mortgages

  • Previous Mortgage Transaction Date:
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynbrook


Similar Homes for Sale

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Nearby Rentals

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Unit for rent at 65 Lenox Avenue, Lynbrook, NY, 11563

$5,600 /mo

  • 3 Beds
  • 1 Bath
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65 Lenox Avenue, Lynbrook, NY, 11563 Listing by Leon Sanchez GRI
Unit for rent at 5 Freer Street, Lynbrook, NY, 11563

$2,695 /mo

  • Studio
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  • 471 ft²
5 Freer Street #427, Lynbrook, NY, 11563 Listing by Kathleen L. Sarge


Frequently Asked Questions

When was property at 588 Merrick Road built and last sold?
The property at 588 Merrick Road was built in 1920 and last sold on Oct 2, 2020 for $431,000.
How much is this home worth?
The estimated value of the home located at 588 Merrick Road is $621,919.
What are some comparable homes to 588 Merrick Road?
There are currently no comparable homes to 588 Merrick Road.