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Levittown 11756 Levittown
387 Loring Road
$510,000
● House - Off Market

387 Loring Road

Levittown, NY 11756
bedrooms
4 Beds
bathrooms
1 Bath
$519,965
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

I ALWAYS WANTED A HOUSE WITH AN ATTACHED 2 CAR GARAGE BUT IT'S SO HARD...UNTIL NOW! THE BEST PRICED HOME IN LEVITTOWN/MACARTHUR HIGH SCHOOL ON AN OVERSIZED 87X105 PROFESSIONALLY LANDSCAPED PROPERTY, BOASTING 4 BEDROOMS, 2 CAR GARAGE, EAT IN KITCHEN, FORMAL DINING ROOM, PRIVATE PORCH. TAXES W/ STAR UNDER $10K. IT WILL BE VERY HARD TO FIND THIS BEST PRICED HOUSE WITH ALL IT HAS TO OFFER...HENCE LEVITTOWN'S BEST VALUE IS HERE!
Unit Size
-
Days on Market
44 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$951
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 #ONE3319866)

Price History

Date / Event Date Event Price
Jul 23, 2021 Sold
Premium
Sold
Jun 16, 2021 In contract -
In contract
Jun 9, 2021 Listed by Douglas Elliman Real Estate $449,888
Listed by Douglas Elliman Real Estate
May 17, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 7
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 8,505
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,206
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 409100

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-145-00-0001
  • Block: 145
  • Lot: 1
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7083
  • Longitude: -73.5256

    Address

  • Full Address: 387 Loring Rd
  • Address - House Number: 387
  • Address - Street Name: Loring
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Levittown
  • Carrier Code: C015
  • 4-Digit Zip Code: 1031
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,265,443
  • Tax Rate Code Area: 053

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 604,393
  • High Value: 746,967
  • Low Value: 461,820

    Market Valuation

  • Market Total Value: $397,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397
  • Assessed Land Value: $254
  • Assessed Improvements Value: $143

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-106211
  • Previous Sale Recording Date: May 17, 2002
  • Previous Sale Contract Date: May 06, 2002
  • Previous Sale Amount: $246,500
  • 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 Levittown

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$462

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2287 ft²

Average Home Age

55 years

Currently For Sale

105 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 24 Wood Lane, Levittown, NY, 11756

$5,600 /mo

  • 6 Beds
  • 4 Baths
  • 2,494 ft²
24 Wood Lane, Levittown, NY, 11756 Listing by Priscilla Chan-Ho
Unit for rent at 24 Crag Lane, Levittown, NY, 11756

$4,950 /mo

  • 5 Beds
  • 1 Bath
  • 1,635 ft²
24 Crag Lane, Levittown, NY, 11756 Listing by Lucas Podstupka
Unit for rent at 86 Shepherd Lane, Levittown, NY, 11756

$5,100 /mo

  • 5 Beds
  • 2 Baths
  • 2,284 ft²
86 Shepherd Lane, Levittown, NY, 11756 Listing by Yan Chen

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 387 Loring Road built and last sold?
The property at 387 Loring Road was built in 1948 and last sold on Jul 26, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 387 Loring Road is $0.
What are some comparable homes to 387 Loring Road?
There are currently no comparable homes to 387 Loring Road.
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