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Levittown 11756 Levittown
40 Potter Lane
Photo of 40 Potter Lane
Sold on Aug 15, 2022

19

Map

Photo of 40 Potter Lane
Photo of 40 Potter Lane
$522,000
● House - Off Market

40 Potter Lane

Hempstead, NY 11756
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,114 Ft²
$527,295
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Lots of potential in this 4 bedroom Cape on a quiet block in Levittown! Features include a HUGE oversized garage with rear extension, eat-in-kitchen, wood burning fireplace, roof less than 5 years old and low taxes. Come transform it into your new home!  Being sold "As Is".  Car lift in garage not included
Unit Size
1,114 Ft²
Days on Market
73 days
Land Size
0.16 acres
Price per sqft
$458
Property Type
House
Property Taxes
$946
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYL3403659)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 8, 2022 In contract -
In contract
May 31, 2022 Listed by Howard Hanna Coach $510,000
Listed by Howard Hanna Coach

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • 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: 19
  • 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: 330
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,114
  • Building Area: 1,114
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,114
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • 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: 408700

Geography

  • District: 282089
  • Section: 45
  • Parcel: 45-269-00-0002
  • Block: 269
  • Lot: 2
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7411
  • Longitude: -73.521

    Address

  • Full Address: 40 Potter Ln
  • Address - House Number: 40
  • Address - Street Name: Potter
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C033
  • 4-Digit Zip Code: 3415
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,003,865
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 586,525
  • High Value: 695,088
  • Low Value: 477,962

    Market Valuation

  • Market Total Value: $393,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393
  • Assessed Land Value: $231
  • Assessed Improvements Value: $162

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-93332
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

$464

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2380 ft²

Average Home Age

56.9 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 67 Emerson Avenue, Levittown, NY, 11756

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,045 ft²
67 Emerson Avenue, Levittown, NY, 11756 Listing by Alan Jurmain CBR
Unit for rent at 243 Lee Avenue, Hicksville, NY, 11801

$5,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,500 ft²
243 Lee Avenue, Hicksville, NY, 11801 Listing by Mukul Bhatt
Unit for rent at 14 Cinder Lane, Hicksville, NY, 11801

$4,850 /mo

  • 5 Beds
  • 2 Baths
  • 1,752 ft²
14 Cinder Lane, Hicksville, NY, 11801 Listing by Lynda M. Leone GRI CBR

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 40 Potter Lane built and last sold?
The property at 40 Potter Lane was built in 1950 and last sold on Aug 15, 2022 for $522,000.
How much is this home worth?
The estimated value of the home located at 40 Potter Lane is $515,100.
What are some comparable homes to 40 Potter Lane?
There are currently no comparable homes to 40 Potter Lane.
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