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1 Lake Ave

Merrick, NY 11566

4 bd 2 ba 2,200 sqft Built 1951 Lot 17,860 sqft single_family
Most recent sale
$815,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $815,000 MLS #3359172
Nov 12, 2021 Listed $749,999 MLS #3359172
Jul 14, 2010 Sold $390,000 MLS #2242062
Mar 24, 2010 Price changed $399,000 MLS #2242062
Mar 22, 2010 Price changed $449,000 MLS #2242062
Mar 6, 2010 Price changed $459,000 MLS #2242062
Jan 2, 2010 Price changed $479,000 MLS #2242062
Dec 20, 2009 Price changed $499,000 MLS #2242062
Dec 6, 2009 Listing removed $519,000 OneKeyMLS
Nov 18, 2009 Price changed $519,000 MLS #2221924
Nov 8, 2009 Price changed $525,000 MLS #2221924
May 15, 2009 Listed $519,000 MLS #2242062

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $213 $362 $575 $16,652
2022 $213 $362 $575 $15,416
2021 $213 $362 $575 $21,091
2020 $207 $352 $559 $21,188
2019 $181 $713 $894 $15,373
2018 $181 $713 $894 $13,074
2017 $181 $713 $894 $13,302
2016 $181 $713 $894 $12,542
2015 $181 $713 $894 $11,739
2014 $298 $713 $1,011 $10,141
2013 $262 $713 $975 $9,554
2011 $262 $713 $975 $11,273
2010 $360 $823 $1,183 $10,680
2009 $574 $799 $1,373 $10,916
2007 $543 $823 $1,366 $10,026

Property facts

Year built
1951
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,200 sqft
Lot size
17,860 sqft
ZIP code
11566
City
Merrick
Street
Lake Ave
Coordinates
40.67713, -73.55581

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,480
Gross rental yield
11.01%
Implied cap rate
7.16%
Trend-extrapolated value

Frequently asked questions

When did 1 Lake Ave last sell?
1 Lake Ave most recently sold on Feb 25, 2022 for $815,000.
What is the current tax assessment for 1 Lake Ave?
The most recent total assessment for 1 Lake Ave (year 2024) is $575 with $16,652 in property tax.
How does 1 Lake Ave's assessment compare to its last sale price?
The current assessment is 99.9% below the last sale price of $815,000.
When was 1 Lake Ave built?
1 Lake Ave was built in 1951.
How does 1 Lake Ave compare to others on Lake Ave?
We track 1 other property on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 1 Lake Ave?
1 Lake Ave is a 4 bed, 2 bath, 2,200 sqft, 17,860 sqft lot single_family.
Is 1 Lake Ave a flip candidate?
No — 1 Lake Ave does not appear in our flips dataset.
Is 1 Lake Ave a tax-appeal candidate?
No — 1 Lake Ave 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
+0.9%
Implied 1-yr
+3.5%
2026 Q2
$885.5K
2026 Q3
$892.8K
ZIP 11566 — Median Price History + Forecast

Explore nearby

Other properties on Lake Ave