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Lakeview 11552 Lakeview
1086 Lehman Road
Photo of 1086 Lehman Road
Sold on Aug 21, 2025

42

Map

Photo of 1086 Lehman Road
Photo of 1086 Lehman Road
$875,000
● House - Off Market

1086 Lehman Road

Hempstead, NY 11552
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,370 Ft²
$5,388
Est. Monthly
4.87%
Cap Rate

About This Property

Move right into this beautifully renovated Cape situated on a 60x100 lot in a quiet, residential neighborhood just minutes from schools, major highways, shopping, dining, and more. This spacious home offers 4 bedrooms and 3 full bathrooms, including a legally finished basement with a separate outside entrance, adding 780 sq ft of additional living space-perfect for guests, extended family, or a home office. As you step inside, enjoy a bright and welcoming living room, formal dining room with a new chandelier, and a brand-new kitchen featuring new cabinetry, new appliances, and modern finishes. Brand new hardwood floors run throughout the 1st and 2nd floors, adding warmth and style. Exterior features include a newly paved driveway, in-ground sprinkler system, and a nicely sized backyard-great for entertaining, relaxing, or play. A must see home!
Unit Size
1,370 Ft²
Days on Market
71 days
Land Size
0.14 acres
Price per sqft
$656
Property Type
House
Property Taxes
$974
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (OneKey MLS #KEY876311)

Price History

Date / Event Date Event Price
Aug 21, 2025 Sold
Premium
Sold
Jul 12, 2025 In contract -
In contract
Jul 10, 2025 Price Increased $899,000
↑ $30K (3.5%)
Price Increased
Jun 11, 2025 Listed by FIRST FLAG Realty Inc $869,000
Listed by FIRST FLAG Realty Inc
Mar 1, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 012

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • Census Tract: 406202

Geography

  • District: 282089
  • Section: 38
  • Parcel: 38-00K-00-0701
  • Block: K
  • Lot: 701
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.674
  • Longitude: -73.6592

    Address

  • Full Address: 1086 Lehman Rd
  • Address - House Number: 1086
  • Address - Street Name: Lehman
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: West Hempstead
  • Carrier Code: C052
  • 4-Digit Zip Code: 4211
  • Zip Code: 11552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $980,382
  • Tax Rate Code Area: 160

    Appraisal Valuation

  • Standard Deviation: 0.0922
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 92
  • Final Value: 428,575
  • High Value: 468,108
  • Low Value: 389,042

    Market Valuation

  • Market Total Value: $391,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391
  • Assessed Land Value: $170
  • Assessed Improvements Value: $221

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 1996
  • Current Sale Recording Date: Jan 02, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 12, 1996
  • Previous Sale Contract Date: Mar 21, 1996
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lakeview

Stats & Trends

Median Asking:

$719,500

Sale Price/ft²

$466

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1650 ft²

Average Home Age

67.9 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$4,500 /mo

  • 3 Beds
  • 1 Bath
57 Earle Ave #1STFLOOR, Lynbrook, NY, 11563 Listing by Karen A. Elefante
Unit for rent at 161 Union Avenue, Lynbrook, NY, 11563

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
161 Union Avenue #5, Lynbrook, NY, 11563 Listing by Sergey Borohov
Unit for rent at 134 Scranton Avenue, Lynbrook, NY, 11563

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,470 ft²
134 Scranton Avenue, Lynbrook, NY, 11563 Listing by Maria A. Mejia

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1086 Lehman Road built and last sold?
The property at 1086 Lehman Road was built in 1955 and last sold on Dec 19, 1996 for $141,145.
How much is this home worth?
The estimated value of the home located at 1086 Lehman Road is $900,975.
What are some comparable homes to 1086 Lehman Road?
There are currently no comparable homes to 1086 Lehman Road.
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