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Levittown 11756 Levittown
22 Elbow Lane
$619,000
● House - Off Market

22 Elbow Lane

Hempstead, NY 11756
bedrooms
6 Beds
bathrooms
2 Baths
$936,382
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

A Beautiful One Of A Kind Large Colonial Home, Beautiful Block, Very Spacious 6 Bedroom, Featuring Office, 2 Full Bath, Living Room, Formal Dining Room Huge Eik. , A Gorgeous Backyard, Professionally Landscaped. New Pvc Fence With Arbors. Huge 60' X 100' Property With A Private Paved 2 Car Driveway, Ss Appliances. Gorgeous House Inside And Out. A Possible Mother Daughter W/ Proper Permits., Additional information: Appearance:Diamond,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$959
HOA Dues
-
Year Built
1952

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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: 5 months ago (OneKey MLS #KEYL3041402)

Price History

Date / Event Date Event Price
Nov 21, 2018 Sold
Premium
Sold
Sep 30, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by Getmore Realty Inc $619,000
Listed by Getmore Realty Inc
Jul 9, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,111
  • Building Area: 2,111
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,111
  • 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 005

Neighborhood

  • School District Name: Levittown Union Free School District
  • School Tax School District: 005
  • Census Tract: 409400

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-337-00-0028
  • Block: 337
  • Lot: 28
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7168
  • Longitude: -73.497

    Address

  • Full Address: 22 Elbow Ln
  • Address - House Number: 22
  • Address - Street Name: Elbow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C029
  • 4-Digit Zip Code: 5502
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,188,008
  • Tax Rate Code Area: 064

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 757,091
  • High Value: 891,279
  • Low Value: 622,903

    Market Valuation

  • Market Total Value: $590,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590
  • Assessed Land Value: $238
  • Assessed Improvements Value: $352

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 09, 2018
  • Current Sale Recording Date: Nov 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-103943
  • Previous Sale Recording Date: Jul 09, 2007
  • Previous Sale Contract Date: Jun 28, 2007
  • Previous Sale Amount: $495,000
  • 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

88

Average Home Size

2346 ft²

Average Home Age

55.7 years

Currently For Sale

97 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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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 22 Elbow Lane built and last sold?
The property at 22 Elbow Lane was built in 1952 and last sold on Nov 9, 2018 for $619,000.
How much is this home worth?
The estimated value of the home located at 22 Elbow Lane is $625,190.
What are some comparable homes to 22 Elbow Lane?
There are currently no comparable homes to 22 Elbow Lane.
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