554 Grassmere Ter
Far Rockaway, NY 11691
3 bd 2 ba 1,500 sqft Built 1920 Lot 3,010 sqft single_family
Most recent sale
$599,000
Apr 25, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2024 | Sold | $599,000 | OneKeyMLS |
| Jan 19, 2024 | Listed | $599,000 | OneKeyMLS |
| Oct 14, 1987 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,480 | $7,980 | $50,460 | $4,817 |
| 2024 | $37,140 | $7,980 | $45,120 | $4,393 |
| 2023 | $29,100 | $7,980 | $37,080 | $4,430 |
| 2021 | $21,180 | $7,980 | $29,160 | $4,272 |
| 2020 | $17,100 | $7,980 | $25,080 | $4,039 |
| 2019 | $13,500 | $7,980 | $21,480 | $3,754 |
| 2018 | $13,191 | $6,156 | $19,347 | $3,741 |
| 2017 | $12,220 | $6,946 | $19,166 | $3,607 |
| 2016 | $10,733 | $7,358 | $18,091 | $3,307 |
| 2015 | $10,815 | $6,252 | $17,067 | $3,028 |
| 2014 | $10,217 | $5,906 | $16,123 | $3,089 |
| 2013 | $10,217 | $5,906 | $16,123 | $2,795 |
| 2011 | $5,867 | $10,105 | $15,972 | $2,315 |
| 2010 | $5,482 | $9,594 | $15,076 | $2,153 |
| 2009 | $5,329 | $8,894 | $14,223 | $2,060 |
| 2007 | $11,143 | $2,167 | $13,310 | $1,855 |
Property facts
Year built
1920
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,500 sqft
Lot size
3,010 sqft
ZIP code
11691
City
Far Rockaway
Street
Grassmere Ter
Coordinates
40.59942, -73.75963
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,100
Gross rental yield
10.22%
Implied cap rate
6.64%
Trend-extrapolated value
—
Frequently asked questions
When did 554 Grassmere Ter last sell?
554 Grassmere Ter most recently sold on Apr 25, 2024 for $599,000.
What is the current tax assessment for 554 Grassmere Ter?
The most recent total assessment for 554 Grassmere Ter (year 2025) is $50,460 with $4,817 in property tax.
How does 554 Grassmere Ter's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $599,000.
When was 554 Grassmere Ter built?
554 Grassmere Ter was built in 1920.
How does 554 Grassmere Ter compare to others on Grassmere Ter?
We track 8 other properties on Grassmere Ter. Browse the list under "Other properties on Grassmere Ter" to compare beds, baths, and sale history.
What are the property facts for 554 Grassmere Ter?
554 Grassmere Ter is a 3 bed, 2 bath, 1,500 sqft, 3,010 sqft lot single_family.
Is 554 Grassmere Ter a flip candidate?
No — 554 Grassmere Ter does not appear in our flips dataset.
Is 554 Grassmere Ter a tax-appeal candidate?
No — 554 Grassmere Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$613.4K
2026 Q4
$612.2K
ZIP 11691 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grassmere Ter