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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Apartment buildings
565 Merrick Rd, Rockville Centre, NY 11570-5444
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US63-3587625
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2006
Construction
FRAME
Total area
1,030 SF
Lot
0.97 ac (42,253 SF)
APN
38-513-00-0052
UPID
US63-3587625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fairfield Tudor At Rockville Centre Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.71M
Owner & transaction history
Fairfield Tudor Of Rockville Cent · 10 yrs held
Fairfield Tudor Of Rockville Cent
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rockville Centre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville Centre submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$1,655 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$129,303
Tax year 2023
Assessed value
$31,208
Assessed 2023
Previous assessed
$31,208
+0.0% YoY
Effective rate
414.33%
On assessed value
Assessed land
$8,448
Assessed improvement
$22,760
Total market value
$3,120,800
Applied tax rate
401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
23
Total area
1,030 SF
Lot
0.97 ac (42,253 SF)
APN
38-513-00-0052
UPID
US63-3587625
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
23
Lot
0.97 ac
Current owner
From public records · entity-resolved
Fairfield Tudor Of Rockville Cent
Individual
Mailing address
538 BROADHOLLOW RD, MELVILLE, NY 11747-3676
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2017
—
Fairfield Tudor Of Rockville Cent
—
Deed
related
$6,200,000 · Jp Morgan Chase Bk
Dec 4, 2016
—
Fairfield Tudor Of Rockville Cent
—
Deed
related
$4,865,000 · Citibank
May 24, 2016
$6,510,000
Fairfield Tudor Of Rockville Cent
Sn Services Corp
Grant Deed
—
Jan 6, 2006
—
S N Services Corp
Town Of Hempstead Indl Dev Agcy
Grant Deed
related
—
May 20, 1991
$650,000
South Nassau Communitieshospital
Unknown
Grant Deed
—
—
—
Fairfield Tudor Of Rockville Cent
—
Deed Of Trust
related
$4,865,000 · Citibank
—
—
Fairfield Tudor Of Rockville Cent
—
Deed Of Trust
related
$1,335,000 · Jp Morgan Chase Bk
—
—
Fairfield Tudor Of Rockville Cent
—
Loan Modification, Consolidation And Extension
related
$6,200,000 · Jp Morgan Chase Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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