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Levittown 11756 Levittown
126 Old Oak Lane
$426,000
● House - Off Market

126 Old Oak Lane

Hempstead, NY 11756
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,220 Ft²
$662,381
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

This Huge 2220 Sq Ft Colonial Has Recently Renovated Kitchen W/Stainless Steel Appliances, Formal Dining Rm, Huge 1st Flr Mater Bdrm( Or Big Family Room), Den Area , Hard Wood Floor, New Roof, Great Room On 2nd Flr( Could Be Converted To Huge Master Bedroom), 3 Bdrms Up, Full Baths, Total 2220 Sq.Ft Living Area With Separate Entrance. 15% Tax Grievance Rewarded Effective 2020. Seller Willing To Help Subsidize Taxes At Closing., Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
2,220 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$202
Property Type
House
Property Taxes
$1,580
HOA Dues
-
Year Built
1950

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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: 6 months ago (OneKey MLS #KEYL3102705)

Price History

Date / Event Date Event Price
Jul 11, 2019 Sold
Premium
Sold
May 22, 2019 Sold
Premium
Sold
Feb 21, 2019 Listed by B Square Realty Inc $449,000
Listed by B Square Realty Inc
Mar 15, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • 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: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,220
  • Building Area: 2,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,220
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEVITTOWN SEC W
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 005

Neighborhood

  • School District Name: Levittown Union Free School District
  • School Tax School District: 005
  • Census Tract: 409200

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-202-00-0018
  • Block: 202
  • Lot: 18
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7172
  • Longitude: -73.5011

    Address

  • Full Address: 126 Old Oak Ln
  • Address - House Number: 126
  • Address - Street Name: Old Oak
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C025
  • 4-Digit Zip Code: 4618
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,301,947
  • Tax Rate Code Area: 065

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 573,952
  • High Value: 669,175
  • Low Value: 478,729

    Market Valuation

  • Market Total Value: $433,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433
  • Assessed Land Value: $221
  • Assessed Improvements Value: $212

    Sales

  • Current Sale Contract Date: May 22, 2019
  • Current Sale Recording Date: Jul 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-056726
  • Previous Sale Recording Date: Mar 15, 2018
  • Previous Sale Contract Date: Feb 26, 2018
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Levittown

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$464

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2366 ft²

Average Home Age

56.1 years

Currently For Sale

91 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

Unit for rent at 80 Ellen Street, Bethpage, NY, 11714

$4,999 /mo

  • 4 Beds
  • 2 Baths
  • 1,464 ft²
80 Ellen Street, Bethpage, NY, 11714 Listing by Kamal Khurana
Unit for rent at 102 Division, Levittown, NY, 11756

$2,500 /mo

  • 1 Bed
  • 1 Bath
102 Division #1C, Levittown, NY, 11756 Listing by Barbara Gunn
Unit for rent at 68 Crescent Lane, Levittown, NY, 11756

$4,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
68 Crescent Lane, Levittown, NY, 11756 Listing by Sherry Krapf

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 126 Old Oak Lane built and last sold?
The property at 126 Old Oak Lane was built in 1950 and last sold on May 22, 2019 for $426,000.
How much is this home worth?
The estimated value of the home located at 126 Old Oak Lane is $479,532.
What are some comparable homes to 126 Old Oak Lane?
There are currently no comparable homes to 126 Old Oak Lane.
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