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16 Melrose St

Elmont, NY 11003

5 bd 2 ba 1,539 sqft Built 1938 Lot 4,500 sqft single_family
Most recent sale
$685,000
Dec 27, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 27, 2021 Sold $685,000 MLS #3346536
Mar 18, 2016 Sold $465,000 MLS #2802345
Oct 8, 2015 Listed $449,000 MLS #2802345

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $377 $273 $650 $13,437
2022 $377 $273 $650 $16,058
2021 $377 $273 $650 $21,408
2020 $360 $261 $621 $15,836
2019 $261 $662 $923 $15,555
2018 $180 $662 $842 $13,516
2017 $180 $662 $842 $12,838
2016 $180 $662 $842 $11,383
2015 $180 $662 $842 $11,377
2014 $180 $662 $842 $9,747
2013 $310 $662 $972 $9,186
2011 $310 $662 $972 $8,936
2010 $569 $662 $1,231 $8,950
2009 $531 $662 $1,193 $8,525
2007 $464 $662 $1,126 $8,056

Property facts

Year built
1938
Property type
single_family
Stories
Beds
5
Baths
2
Living area
1,539 sqft
Lot size
4,500 sqft
ZIP code
11003
City
Elmont
Street
Melrose St
Coordinates
40.71014, -73.68960

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,233
Gross rental yield
9.17%
Implied cap rate
5.96%
Trend-extrapolated value

Frequently asked questions

When did 16 Melrose St last sell?
16 Melrose St most recently sold on Dec 27, 2021 for $685,000.
What is the current tax assessment for 16 Melrose St?
The most recent total assessment for 16 Melrose St (year 2024) is $650 with $13,437 in property tax.
How does 16 Melrose St's assessment compare to its last sale price?
The current assessment is 99.9% below the last sale price of $685,000.
When was 16 Melrose St built?
16 Melrose St was built in 1938.
How does 16 Melrose St compare to others on Melrose St?
We track 2 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 16 Melrose St?
16 Melrose St is a 5 bed, 2 bath, 1,539 sqft, 4,500 sqft lot single_family.
Is 16 Melrose St a flip candidate?
No — 16 Melrose St does not appear in our flips dataset.
Is 16 Melrose St a tax-appeal candidate?
No — 16 Melrose St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.6%
Implied 1-yr
+10.6%
2026 Q1
$814.4K
2026 Q2
$832.8K
ZIP 11003 — Median Price History + Forecast

Explore nearby

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