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Levittown 11756 Levittown
2 Spur Lane
$480,000
● House - Off Market

2 Spur Lane

Levittown, NY 11756
bedrooms
3 Beds
bathrooms
1 Bath
$526,520
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Perfect time to settle into this updated, beautiful cape in the heart of Levittown! Updates include: Kitchen, appliances, bath, siding, windows, white panel doors, roof, boiler, oil tank, chimney liner, 200 amp service. Florida room off kitchen is perfect for use as a Florida room or storage or home gym. Spacious yard is fully fenced with white vinyl fencing. STAR rebate of $1,376 available.
Unit Size
-
Days on Market
66 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,008
HOA Dues
-
Year Built
1948

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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: 3 years ago (OneKey MLS #ONE3304373)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
Apr 28, 2021 In contract -
In contract
Apr 23, 2021 Listed by Signature Premier Properties $450,000
Listed by Signature Premier Properties
Aug 11, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 51-122-00-0001
  • Block: 122
  • Lot: 1
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7168
  • Longitude: -73.523

    Address

  • Full Address: 2 Spur Ln
  • Address - House Number: 2
  • Address - Street Name: Spur
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C006
  • 4-Digit Zip Code: 2607
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,162,190
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 519,769
  • High Value: 614,819
  • Low Value: 424,718

    Market Valuation

  • Market Total Value: $372,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372
  • Assessed Land Value: $228
  • Assessed Improvements Value: $144

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-089090
  • Previous Sale Recording Date: Aug 11, 2004
  • Previous Sale Contract Date: Aug 04, 2004
  • Previous Sale Amount: $315,000
  • 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:

$749,000

Sale Price/ft²

$463

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2287 ft²

Average Home Age

55.9 years

Currently For Sale

103 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 2 Rope Lane, Levittown, NY, 11756

$4,000 /mo

  • 4 Beds
  • 1 Bath
  • 1,194 ft²
2 Rope Lane, Levittown, NY, 11756 Listing by Simran Bajaj
Unit for rent at 5 Meander Lane, Levittown, NY, 11756

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,318 ft²
5 Meander Lane, Levittown, NY, 11756 Listing by Hyewon Ko

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Spur Lane built and last sold?
The property at 2 Spur Lane was built in 1948 and last sold on Jun 28, 2021 for $480,000.
How much is this home worth?
The estimated value of the home located at 2 Spur Lane is $0.
What are some comparable homes to 2 Spur Lane?
There are currently no comparable homes to 2 Spur Lane.
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