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Merrick 11566 Merrick
60 Lincoln Boulevard
$450,000
● House - Off Market

60 Lincoln Boulevard

Hempstead, NY 11566
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,511 Ft²
$673,333
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Trendy & Spacious California Style Ranch - Original Details & Modern Updates!  New Kitchen, Frml Dining Rm, Firplc, Wood Floors, 8.5' high ceilings, Main Flr Master Bedrm w FBath & Sliding Doors To Backyard, Two Sunny Large Addt'l Bedrooms, 2Full bath &  Front Porch for relaxing. New Utilities. Wow! 8' Ceilings In Full Basmt.  Mid Block Location In The Heart Of Merrick, Near To All Amenities - Train & Town. Sought After Merrick Sd#25. TAX GRIEVANCE FILED. No Flood Insurance needed., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
1,511 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$304
Property Type
House
Property Taxes
$1,431
HOA Dues
-
Year Built
1968

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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: 6 months ago (OneKey MLS #KEYL3110071)

Price History

Date / Event Date Event Price
Nov 22, 2019 Sold
Premium
Sold
Aug 1, 2019 Price Decreased $460,000
↓ $15K (3.2%)
Price Decreased
May 4, 2019 Price Increased $475,000
↑ $15K (3.3%)
Price Increased
Mar 18, 2019 Listed by Compass Greater NY LLC $460,000
Listed by Compass Greater NY LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • First Altered Year: 2007
  • Recent Altered Year: 2007
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 2
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 98,581
  • Lot Size Depth Feet: 489
  • Lot Size Frontage Feet: 232
  • Building Depth: 372
  • Building Frontage: 200
  • Gross Building Area: 360,120

    Building Floor Area

  • Commercial Building Floor Area: 360,120
  • Other Building Floor Area: 360,120

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 10
  • Commercial Floor Area Ratio: 10
  • Facilities Floor Area Ratio: 10

Building

  • Building Type: W3
  • Lot Type: 3
  • Land Use: 08
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 107
  • City Council District: 6
  • Police Precinct: 20
  • Fire Company: L035
  • Health Area: 4000
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 03

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C4-7
  • Special Purpose District 1: L

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1137
  • Lot: 10
  • Borough Block Lot: 1011370010

    Address

  • Full Address: 1945 Broadway
  • Zip Code: 10023

Valuation

    Assessments Valuation

  • Assessed Total Value: $122,571,900
  • Assessed Land Value: $44,361,450

    Exemptions

  • Exempt Total Value: $122,571,900
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:

$939,000

Sale Price/ft²

$491

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2207 ft²

Average Home Age

65.8 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 318 Linden Street, Bellmore, NY, 11710

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
318 Linden Street, Bellmore, NY, 11710 Listing by Sandra S. Satzinger
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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 60 Lincoln Boulevard built and last sold?
The property at 60 Lincoln Boulevard was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 60 Lincoln Boulevard is $477,906.
What are some comparable homes to 60 Lincoln Boulevard?
There are currently no comparable homes to 60 Lincoln Boulevard.
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