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Levittown 11756 Levittown
5 Solar Lane
Photo of 5 Solar Lane
Sold on Jun 7, 2023

27

Map

Photo of 5 Solar Lane
Photo of 5 Solar Lane
$585,000
● House - Off Market

5 Solar Lane

Hempstead, NY 11756
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,414 Ft²
$569,954
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Are you ready to move? This 4 Bedroom 1.5 Bath, move in ready  home has a wonderful eat in kitchen with oak cabinetry and granite counter tops. A formal dining room for entertaining your guests, a Living Room leading to a spacious back yard waiting for your special touch...you can sit and lounge on the brick patio while grilling on those great summer nights. The shed with plenty of storage, is a gift to you! There are 2 Bedrooms on the main floor as well as the main bath and the laundry room with plenty of storage. Upstairs you will find a newly renovated bedroom with cushy carpet and the second bedroom is even larger!  Some fairly new windows, built in microwave, fireplace, the blacktop driveway will accommodate 2 cars. Property is oversized at 60 x 115.There are 5 built in A/C units.Close proximity to the East Village Green with nail salons, Veterinarian, Deli, Dry Cleaner, Stationary Store, Restaurant and Day Care. Let's not forget about the Village Green Pool and Summer Concerts.. Don't miss out on this fabulous home!!  Professional Pictures coming soon, Additional information: Appearance:Move in,Separate Hotwater Heater:N
Unit Size
1,414 Ft²
Days on Market
52 days
Land Size
0.16 acres
Price per sqft
$402
Property Type
House
Property Taxes
$916
HOA Dues
-
Year Built
1951

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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 #KEYL3470732)

Price History

Date / Event Date Event Price
Jun 7, 2023 Sold
Premium
Sold
Apr 29, 2023 In contract -
In contract
Apr 12, 2023 Listed by Realty Connect USA LLC $569,000
Listed by Realty Connect USA LLC
Mar 25, 1996 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,414
  • Building Area: 1,414
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,414
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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: 408800

Geography

  • District: 282089
  • Section: 46
  • Parcel: 46-404-00-0010
  • Block: 404
  • Lot: 10
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7339
  • Longitude: -73.5072

    Address

  • Full Address: 5 Solar Ln
  • Address - House Number: 5
  • Address - Street Name: Solar
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C031
  • 4-Digit Zip Code: 4231
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $600,518
  • Tax Rate Code Area: 065

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 67
  • Final Value: 582,498
  • High Value: 718,544
  • Low Value: 446,453

    Market Valuation

  • Market Total Value: $421,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421
  • Assessed Land Value: $239
  • Assessed Improvements Value: $182

    Exemptions

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

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-36350
  • Previous Sale Recording Date: Mar 25, 1996
  • Previous Sale Contract Date: Feb 29, 1996
  • Previous Sale Amount: $125,000
  • 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

86

Average Home Size

2301 ft²

Average Home Age

56.5 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 67 Emerson Avenue, Levittown, NY, 11756

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,045 ft²
67 Emerson Avenue, Levittown, NY, 11756 Listing by Alan Jurmain CBR
Unit for rent at 18 Alexander Avenue, Hicksville, NY, 11801

$5,500 /mo

  • 4 Beds
  • 3 Baths
  • 1,406 ft²
18 Alexander Avenue, Hicksville, NY, 11801 Listing by Sarwor Khan 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

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 5 Solar Lane built and last sold?
The property at 5 Solar Lane was built in 1951 and last sold on Jun 7, 2023 for $585,000.
How much is this home worth?
The estimated value of the home located at 5 Solar Lane is $0.
What are some comparable homes to 5 Solar Lane?
There are currently no comparable homes to 5 Solar Lane.
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