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Levittown 11756 Levittown
7 Mercury Lane
$625,000
● House - Off Market

7 Mercury Lane

Levittown, NY 11756
bedrooms
5 Beds
bathrooms
2 Baths
$643,523
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

SPRAWLING levit ranch 12 rooms 2 baths can be 5-7 bedrooms architecturally unique newer kitchen shenadoah cabinets maple chocolate glaze with granite counters architectural roof newer baths sunroom system 2000 high efficiency boiler only 650 gallons of oil used in a year all newer  carpet & tile stone & brick fireplace all new plumbing 2012 new oil tank large driveway owner insists on covid 19 guidelines masks, entry is only for perspective buyers and no children under 18
Unit Size
-
Days on Market
84 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$965
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: 3 years ago (OneKey MLS #ONE3292884)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Mar 16, 2021 In contract -
In contract
Mar 12, 2021 Listed by Realty Connect USA LLC $549,999
Listed by Realty Connect USA LLC
Aug 24, 1995 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 8
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,161
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,218
  • Building Area: 2,218
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,218
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000141
  • 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: 46-412-00-0004
  • Block: 412
  • Lot: 4
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.734
  • Longitude: -73.4999

    Address

  • Full Address: 7 Mercury Ln
  • Address - House Number: 7
  • Address - Street Name: Mercury
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C007
  • 4-Digit Zip Code: 4222
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,235,959
  • Tax Rate Code Area: 369

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 692,417
  • High Value: 804,080
  • Low Value: 580,754

    Market Valuation

  • Market Total Value: $506,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $506
  • Assessed Land Value: $226
  • Assessed Improvements Value: $280

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-086807
  • Previous Sale Recording Date: Aug 24, 1995
  • Previous Sale Contract Date: Aug 03, 1995
  • Previous Sale Amount: $129,000
  • 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

$463

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2326 ft²

Average Home Age

56.5 years

Currently For Sale

97 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 13 Gerald Avenue, Hicksville, NY, 11801

$4,400 /mo

  • 4 Beds
  • 1 Bath
  • 1,109 ft²
13 Gerald Avenue, Hicksville, NY, 11801 Listing by Gilberto Flores
Unit for rent at 31 Kingfisher Road, Levittown, NY 11756

$3,800 /mo

  • 4 Beds
  • 2 Baths
31 Kingfisher Road, Levittown, NY 11756 Listing by STAMATIOS TSILIMOS

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Mercury Lane built and last sold?
The property at 7 Mercury Lane was built in 1951 and last sold on Jun 4, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 7 Mercury Lane is $0.
What are some comparable homes to 7 Mercury Lane?
There are currently no comparable homes to 7 Mercury Lane.
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