Sold for $998,000

$998,000

638 Grassmere Ter, Far Rockaway, NY 11691

--beds

3,444sqft

Multi Family

Built in 2005

-- sqft lot

$1,024,700 Zestimate^®

$290/sqft

$4,647 Estimated rent

Home value

$1,024,700

$922,000 - $1.14M

$4,647/mo

Zestimate^® history

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$4,647/mo

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$4,647/mo

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$6,085/mo

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$6,085/mo

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What's special

Full unfinished basementEat-in kitchenMinutes to rockaway beachMaster downstairs

Great Investment -3 Family Property Located Just minutes to Rockaway Beach and The Boardwalk. Good Upside Rental Income. This One Cashflows. No Leases as all tenants on Month to Month. Interior: Bedrooms: 9 Other Rooms: Total Rooms: 21 Bathrooms: 6, Master Downstairs, Eat-In Kitchen, Flooring: Hardwood, Heating and Cooling, Heating Features: Natural Gas, Hot Water, And a Full Unfinished Basement Exterior: Lot Size Acres: 0.0334022, Lot Size Dimensions: 20.5 X 71, Lot Size Square Feet: 1455, School Information: Elementary School District: Queens 29, High School District: Queens 29, Middle or Junior School District: Queens 29, Annual Tax Amount: 7449.00, Tax Block: 15762, Cross Street: Brookhaven Ave, Inclusions: Oven/Range, Refrigerator Property Subtype: Multi Family, Total Square Feet Living: 3444.00, Year Built: 2005, Construction Materials: Brick, Property Age: 20, House Style: Colonial, Total Area Sq ft: 1148

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 6
Full bathrooms: 3
3/4 bathrooms: 3

Heating

Natural Gas, Baseboard

Appliances

Included: Refrigerator, Stove, Gas Water Heater

Features

Flooring: Hardwood, Tile
Basement: Unfinished

Interior area

Total structure area: 3,444
Total interior livable area: 3,444 sqft

Property

Parking

Parking features: None

Features

Stories: 3
Patio & porch: Terrace

Lot

Size: 1,456 Square Feet
Dimensions: 20x71
Features: Front Yard

Details

Foundation area: 1176
Parcel number: 157620047
Zoning: R4-1
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick
Foundation: Concrete Perimeter
Roof: Asphalt/Tar

Condition

Year built: 2005

Utilities & green energy

Electric: 110 V

Community & HOA

Community

Security: Secure Lobby
Subdivision: Queens

Location

Region: Far Rockaway

Financial & listing details

Price per square foot: $290/sqft
Tax assessed value: $674,000
Annual tax amount: $7,028
Date on market: 6/18/2025
Cumulative days on market: 42 days
Total actual rent: 73000

Price history

Date	Event	Price
10/24/2025	Sold	$998,000+0.3%$290/sqft
Source: BNYMLS #493568 Report a problem
7/30/2025	Contingent	$995,000$289/sqft
Source: StreetEasy #S1776997 Report a problem
7/30/2025	Pending sale	$995,000$289/sqft
Source: OneKey® MLS as distributed by MLS GRID #878692 Report a problem
6/17/2025	Listed for sale	$995,000+53.1%$289/sqft
Source: OneKey® MLS as distributed by MLS GRID #878692 Report a problem
7/7/2020	Listing removed	$2,000$1/sqft
Source: Zillow Rental Network Report a problem
6/3/2020	Listed for rent	$2,000$1/sqft
Source: Zillow Rental Network Report a problem
9/19/2018	Sold	$650,000$189/sqft
Source: OneKey® MLS as distributed by MLS GRID #L2972174 Report a problem
10/16/2017	Listing removed	$650,000$189/sqft
Source: Realty Masters International #2972174 Report a problem
9/19/2017	Listed for sale	$650,000+132.1%$189/sqft
Source: Realty Masters International #2972174 Report a problem
9/12/2017	Sold	$280,000-59.1%$81/sqft
Source: Public Record Report a problem
2/9/2007	Sold	$685,000$199/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$40,440 -2.5%
2024	--	$41,460 -9.7%
2023	--	$45,900 -1%
2022	--	$46,380 +9.2%
2021	--	$42,480 +16.3%
2020	$6,543 +6%	$36,540 +1.2%
2019	$6,172 +1.2%	$36,120 +23.9%
2018	$6,100 +3.4%	$29,160 +0.8%
2017	$5,900 +17.2%	$28,941 +6%
2016	$5,036	$27,303 +6%
2015	$5,036 +47.7%	$25,758 +6%
2014	$3,410	$24,300 -13.8%
2013	--	$28,179 +6%
2012	--	$26,584 +6%
2011	--	$25,080 -20.1%
2010	--	$31,380 -7.9%
2009	--	$34,080 -13.5%
2008	--	$39,420 +3.3%
2007	--	$38,178