$10,000 Closing Credit¹
#816254, Listing office: Exit Realty First Choice
$995,000 List price
638 Grassmere Ter Far Rockaway, NY 11691
$10,000
Closing credit¹
3 full
3,444 sqft
$289 / sqft
Multi-Family
Property details
About 638 Grassmere Ter
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
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size3,444 sqft
BasementYes
Year built2005
MLS #493568
FireplaceStove
Summary
- Full Bathrooms: 3
- Appliances: Refrigerator, Stove
- Basement: Yes
- Flooring Type: Hardwood, Tile
- Fireplace: Stove
- Parking: None
- Exterior: Terrace
- Heating: Baseboard, Natural Gas
- List Price: $995,000
- Price/SqFt: $288
- Annual Tax Amount: $7,028
- Tax Year: 2024
- Year Built: 2005
- Stories: 3
- Living Area: 3,444 SqFt
- MLS Number: 493568
- Office Name: Zanetis Properties LLC
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Last updated on: 6/20/2025, 12:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$995,000
638 Grassmere Ter
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 28, 2018 | Home Sold | $650,000 |
| Sep 12, 2017 | Home Sold | $280,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $41,460 | $7,028 |
| 2023 | $34,992 | $7,028 |
| 2021 | $42,480 | $6,895 |
| 2020 | $36,540 | $6,542 |
| 2018 | $29,160 | $5,599 |
| 2017 | $28,941 | $5,148 |
History based on county public records data.
Nearby schools
9
Wave Preparatory Elementary School
Public District PK-5
0.1 mi
•535 Briar Pl
7
Peninsula Preparatory Academy Charter School
Public Charter PK-5
0.3 mi
•611 Beach 19 St
10
Success Academy Charter School-Far Rockaway
Public Charter KG-5
0.5 mi
•1045 Nameoke St Fl 3
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,761. The majority of Far Rockaway, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
32%
<35k
53%
35k-100k
14%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
27%
Single, with Kids
15%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
Continuing Education Courses
Where do the neighbors shop?
Burlington
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
LongHorn Steakhouse
Qdoba
What do the neighbors drive?
Dodge
Buick
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 638 Grassmere Ter
The listing price of 638 Grassmere Ter property is $995,000.
The property 638 Grassmere Ter is a multi located in Far Rockaway, New York, 11691.
Active Listing: 638 Grassmere Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 638 Grassmere Ter are: Wave Preparatory Elementary School (GreatSchools Rating 9/10), Peninsula Preparatory Academy Charter School (GreatSchools Rating 7/10), Success Academy Charter School-Far Rockaway (GreatSchools Rating 10/10), Knowledge and Power Preparatory Academy Vi (GreatSchools Rating 5/10), Challenge Preparatory Charter School (GreatSchools Rating 4/10), Village Academy (GreatSchools Rating 6/10), Queens High School for Information, Research and Technology (GreatSchools Rating 5/10), Frederick Douglass Academy Vi High School (GreatSchools Rating 1/10), Acadey of Medical Technology - A College Board School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $7,028 (source: MLS/based on county public records data).
The last sale was on September 28, 2018 for $650,000 (source: MLS/tax record).
The property 638 Grassmere Ter is 3,444 SqFt (source: MLS/tax record).
The year of construction for 638 Grassmere Ter is 2005.
This home is located at 638 Grassmere Ter in Far Rockaway, NY and zip code 11691 in the Far Rockaway neighborhood. This 3,444 square foot home was built in 2005. Features: 3 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $995,000.
In May 2025 more than 207 listings in Far Rockaway, NY were sold above the asking price. During the same period more than 936 listings were sold at asking price, while more than 737 were sold below. The inventory of homes for sale in Far Rockaway, NY between April and May 2025 increased by 0.3%. In May 2025 median list price was $875,081 and the average listing age was 121 days.
From Rocket Homes Real Estate and based on county public records data.