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Levittown 11756 Levittown
48 Elmtree Lane
Photo of 48 Elmtree Lane
Sold on Oct 20, 2022

20

Map

Photo of 48 Elmtree Lane
Photo of 48 Elmtree Lane
$400,000
● House - Off Market

48 Elmtree Lane

Hempstead, NY 11756
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,180 Ft²
$522,956
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Here It Is, Picture Perfect And Just WaitIng For You ! This Mid Block Extended Cape Cod Comes With A Sparkling New Bathroom/ All Newly Replaced Windows Within The Last 2 Years / Brand New Kitchen And Dining Room Flooring /  Newer Kitchen Appliances /  2 Ductless Slant Air Conditioner Units Along With 4 Wall Unit Ac's / Seperate Laundry - Utility Room / Ceiling Fans Located In Every Room / Replaced Burner With Above Ground Oil Tank / Professionally Landscaped Property And More ! Let's Get In Before It's Too Late !, Additional information: Appearance:Excellent
Unit Size
1,180 Ft²
Days on Market
69 days
Land Size
0.14 acres
Price per sqft
$424
Property Type
House
Property Taxes
$656
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 #KEYL3421831)

Price History

Date / Event Date Event Price
Aug 30, 2022 In contract -
In contract
Aug 30, 2022 Relisted $499,777
Relisted
Aug 19, 2022 In contract -
In contract
Aug 7, 2022 Listed by BERKSHIRE HATHAWAY $499,777
Listed by BERKSHIRE HATHAWAY

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • 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: 1,180
  • Building Area: 1,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,180
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISLAND TREES
  • 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: 408900

Geography

  • District: 282089
  • Section: 45
  • Parcel: 45-136-00-0005
  • Block: 136
  • Lot: 5
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7308
  • Longitude: -73.5365

    Address

  • Full Address: 48 Elmtree Ln
  • Address - House Number: 48
  • Address - Street Name: Elmtree
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C008
  • 4-Digit Zip Code: 1514
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $639,805
  • Tax Rate Code Area: 121

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 536,047
  • High Value: 637,446
  • Low Value: 434,648

    Market Valuation

  • Market Total Value: $379,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379
  • Assessed Land Value: $209
  • Assessed Improvements Value: $170

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-105276
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

86

Average Home Size

2285 ft²

Average Home Age

56 years

Currently For Sale

103 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 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 37 Spray Lane, Hicksville, NY, 11801

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,379 ft²
37 Spray Lane, Hicksville, NY, 11801 Listing by Yanling Chen
Unit for rent at 104 Choir Lane, Westbury, NY, 11590

$4,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,964 ft²
104 Choir Lane, Westbury, NY, 11590 Listing by Sandra L. Valis

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 48 Elmtree Lane built and last sold?
The property at 48 Elmtree Lane was built in 1948 and last sold on Oct 20, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 48 Elmtree Lane is $504,775.
What are some comparable homes to 48 Elmtree Lane?
There are currently no comparable homes to 48 Elmtree Lane.
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