by RH Advisors

See Home Value
$725,000
● House - Off Market

48 Drake Lane

Hempstead, NY 11756
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$4,038
Est. Monthly
10.67%
Cap Rate

About This Property

Welcome to this spacious 4/5-bedroom, 2-bath Colonial nestled in a desirable neighborhood. This classic home offers generous room sizes, a traditional layout, and plenty of character throughout. With just a little updating, you can bring your personal style and vision to life, making this home truly your own.

Enjoy a bright and inviting living room, a formal dining space perfect for entertaining, and an adjacent kitchen with brand new dishwasher and lots of cabinet space. First floor also offers a full bath next to two rooms to be used as bedrooms, home office space, or guest space. Upstairs, you'll find three comfortable bedrooms, a full bath, and an open loft area offering ample space for play, guests, or a home office setup. Laundry on second floor as well.

Outside, the property features a one-car garage, charming front porch, and a yard with room to garden, relax, or play.  Sold as-is.
Unit Size
1,800 Ft²
Days on Market
96 days
Land Size
0.14 acres
Price per sqft
$344
Property Type
House
Property Taxes
$998
HOA Dues
-
Year Built
1948

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Last updated: 2 years ago (OneKey MLS #KEY845198)

Price History

Date / Event Date Event Price
Jul 21, 2025 Sold
Sold
Apr 26, 2025 In contract -
In contract
Apr 16, 2025 Listed by Signature Premier Properties $619,000
Listed by Signature Premier Properties

Property Highlights


Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 5
  • 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: 4
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,800
  • 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 026

Neighborhood

  • School District Name: Island Trees Union Free School District
  • School Tax School District: 026
  • Census Tract: 409000

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-215-00-0014
  • Block: 215
  • Lot: 14
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7238
  • Longitude: -73.4993

    Address

  • Full Address: 48 Drake Ln
  • Address - House Number: 48
  • Address - Street Name: Drake
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C020
  • 4-Digit Zip Code: 4912
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $823,192
  • Tax Rate Code Area: 065

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 669,193
  • High Value: 777,181
  • Low Value: 561,204

    Market Valuation

  • Market Total Value: $479,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479
  • Assessed Land Value: $224
  • Assessed Improvements Value: $255

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Levittown


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Frequently Asked Questions

When was property at 48 Drake Lane built and last sold?
The property at 48 Drake 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 48 Drake Lane is $625,190.
What are some comparable homes to 48 Drake Lane?
There are currently no comparable homes to 48 Drake Lane.