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Levittown 11756 Levittown
47 Elves Lane
Photo of 47 Elves Lane
Sold on Jul 11, 2025

18

Map

Photo of 47 Elves Lane
Photo of 47 Elves Lane
$695,000
● House - Off Market

47 Elves Lane

Hempstead, NY 11756
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,613 Ft²
$4,296
Est. Monthly
5.25%
Cap Rate

About This Property

Welcome to 47 Elves Lane! Expanded Ranch on Beautifully Manicured Property.  The Main Level Boasts an Updated Eat in Kitchen with Quartz Countertops and Stainless Steel Stove and Dishwasher.  Entertain Family and Guests in the Sundrenched Expanded Living Room with a Wall of Windows and Access to the Yard.   Open Concept Dining Room, Primary Bedroom with Jumbo Closet,  Laundry Room with Storage, Full Bathroom and an Office with an Outside Entrance Complete the First Floor.  The Second Level Includes 2 Generous Bedrooms, Full Bathroom and Storage.  One Car Garage and an Oversized Driveway that fits Multiple Cars. Private Fenced Backyard with Specimen Plantings and Vegetable Garden.  In Ground Sprinklers, 4 Air Conditioning Units.  Truly a Must See Home!
Unit Size
1,613 Ft²
Days on Market
78 days
Land Size
0.16 acres
Price per sqft
$403
Property Type
House
Property Taxes
$1,104
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: 2 years ago (OneKey MLS #KEY850579)

Price History

Date / Event Date Event Price
Jul 11, 2025 Sold
Premium
Sold
Apr 30, 2025 In contract -
In contract
Apr 21, 2025 Listed by Realty Connect USA LLC $649,999
Listed by Realty Connect USA LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,119
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • 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: 51-340-00-0010
  • Block: 340
  • Lot: 10
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7149
  • Longitude: -73.4967

    Address

  • Full Address: 47 Elves Ln
  • Address - House Number: 47
  • Address - Street Name: Elves
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C029
  • 4-Digit Zip Code: 5522
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $878,374
  • Tax Rate Code Area: 064

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 582,498
  • High Value: 676,497
  • Low Value: 488,499

    Market Valuation

  • Market Total Value: $430,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430
  • Assessed Land Value: $238
  • Assessed Improvements Value: $192

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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

2345 ft²

Average Home Age

56.8 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

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 47 Elves Lane built and last sold?
The property at 47 Elves Lane was built in 1948 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 47 Elves Lane is $0.
What are some comparable homes to 47 Elves Lane?
There are currently no comparable homes to 47 Elves Lane.
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