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Levittown 11756 Levittown
88 Abbey Lane
$689,000
● House - Off Market

88 Abbey Lane

Hempstead, NY 11756
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,665 Ft²
$720,308
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Welcome home to this beautifully renovated large Colonial home, Mother/Daughter w/ proper permits, located on a quiet street! Featuring 5 large bedrooms, 2 Full bathrooms, formal living rooms, dinning rooms & eat in kitchens! Located on a large lot with a garage, backyard and shed! Close to public transportation, highways, schools, shopping and parks! Come see your new home today!!!, Additional information: Appearance:Average
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$420
Property Type
House
Property Taxes
$1,273
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: 4 months ago (OneKey MLS #KEYL3449922)

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold
Premium
Sold
Feb 10, 2023 In contract -
In contract
Jan 25, 2023 Price Decreased $699,000
↓ $50K (6.7%)
Price Decreased
Dec 29, 2022 Listed by Douglas Elliman Real Estate $749,000
Listed by Douglas Elliman Real Estate
Aug 30, 2022 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 5
  • 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: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 225
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,665
  • Building Area: 1,665
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,665
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 409200

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-172-00-0045
  • Block: 172
  • Lot: 45
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7195
  • Longitude: -73.5149

    Address

  • Full Address: 88 Abbey Ln
  • Address - House Number: 88
  • Address - Street Name: Abbey
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C042
  • 4-Digit Zip Code: 4033
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,345,908
  • Tax Rate Code Area: 065

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 655,678
  • High Value: 770,781
  • Low Value: 540,574

    Market Valuation

  • Market Total Value: $459,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459
  • Assessed Land Value: $247
  • Assessed Improvements Value: $212

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-22075
  • Previous Sale Recording Date: Aug 30, 2022
  • Previous Sale Contract Date: Aug 16, 2022
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 4
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

83

Average Home Size

2295 ft²

Average Home Age

54.7 years

Currently For Sale

104 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 38 Grant Avenue, Bethpage, NY, 11714

$2,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,863 ft²
38 Grant Avenue, Bethpage, NY, 11714 Listing by Barbara Ciminera
Unit for rent at 110 Division Avenue, Levittown, NY, 11756

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
110 Division Avenue #2E, Levittown, NY, 11756 Listing by Barbara Gunn
Unit for rent at 22 Shelter Lane, Levittown, NY, 11756

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,050 ft²
22 Shelter Lane, Levittown, NY, 11756 Listing by Damian Ross SFR CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 88 Abbey Lane built and last sold?
The property at 88 Abbey Lane was built in 1948 and last sold on Mar 29, 2023 for $689,000.
How much is this home worth?
The estimated value of the home located at 88 Abbey Lane is $705,881.
What are some comparable homes to 88 Abbey Lane?
There are currently no comparable homes to 88 Abbey Lane.
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