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505 Grassmere Ter, Far Rockaway, NY, 11691

$725,000

Home List Price

$8,609*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,100 SqFt
$345/SqFt
House
Schools Nearby

Location

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505 Grassmere Ter, New York$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPrivate, Driveway
Year Built1910
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3538573
Lot Size0.16 Acres
StatusActive
(A)

About 505 Grassmere Ter

Price Reduction! Charming and spacious home located at 505 Grassmere Terrace in Far Rockaway, NY. This beautiful property features a well-maintained exterior with a lush front yard and a welcoming porch. Inside, you'll find a thoughtfully designed layout boasting ample natural light and modern finishes. The main level offers a cozy living room, perfect for relaxation and entertainment. The adjacent kitchen is fully equipped with plenty of cabinet space. A separate dining area provides an ideal space for enjoying meals with family and friends. Upstairs, you'll discover the comfortable bedrooms, each offering privacy and comfort. The primary bedroom features an en-suite bathroom for added convenience, while the remaining bedrooms share a well-appointed bathroom. The home also includes a finished basement, offering additional living space plus A laundry area and storage space add practicality and functionality. Outside, the backyard provides a peaceful retreat with a patio area, perfect for outdoor gatherings and relaxation. A private driveway and garage offer convenient parking options. Located in Far Rockaway, this property enjoys proximity to local amenities, schools, parks, and transportation options. Don't miss out on this fantastic opportunity to make 505 Grassmere Terrace your new home. Schedule a viewing today and imagine the possibilities this property holds for you and your loved ones.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910
  • Living Area: 2,100 SqFt

Listing Office:

  • Office Name: RE/MAX Reliance
  • Office Phone: (516) 755-7595

Interior Features

Interior Information:

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Living Room/Dining Room Combo

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Private, Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Waze/GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $4,023
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

505 Grassmere Ter vs New York

40 DAYS ON ROCKET

-56 Days

$725,000

-$120.4K Less

$345/SqFt

-$292 Less

KEY TAKEAWAY

This property is $120.4K less than the Median Sold Price and $292/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3538573

Listing Office:

  • Office Name: RE/MAX Reliance
  • Office Phone: (516) 755-7595

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 11:56:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2009Home Sold
$378,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,023$28,380
2018$4,178$21,723
2017$3,865$20,494

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1930757
9
/10

  • Wave Preparatory Elementary School

  • 535 Briar Pl

  • 0.11 miles

  • Public District Grades PK-3

school-card-donut-1930758
5
/10

  • Challenge Preparatory Charter School

  • 710 Hartman Ln

  • 0.19 miles

  • Public Charter Grades KG-4

school-card-donut-1930759
8
/10

  • Peninsula Preparatory Academy Charter School

  • 611 Beach 19th St

  • 0.43 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,670. Most New York, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Grassmere Ter

What is the listing price of this property?

The listing price of 505 Grassmere Ter property is $725,000.

What type of property is this?

The property 505 Grassmere Ter is a house located in Far Rockaway, New York, 11691.

Is this property for sale now?

Active Listing: 505 Grassmere Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,023 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2009 for $378,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Grassmere Ter has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 505 Grassmere Ter is 2,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Grassmere Ter is 1910.

Rocket Homes›New York›Queens County›New York›11691›505 Grassmere Ter

This home is located at 505 Grassmere Ter in Far Rockaway, NY and zip code 11691 in the Far Rockaway neighborhood. This 2,100 square foot home, which was built in 1910, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $725,000.

In March 2024 more than 154 listings in New York, NY were sold above the asking price. During the same period more than 645 listings were sold at asking price, while more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.7% between February 2024 and March 2024. In March 2024 median list price was $845,489 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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