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Levittown 11756 Levittown
88 Elm Drive
$414,900
● House - Off Market

88 Elm Drive

Hempstead, NY 11756
bedrooms
5 Beds
bathrooms
2 Baths
$568,304
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

CALLING ALL INVESTORS AND END USERS*JUST CAN'T GET ENOUGH OF THIS INCREDIBLE OPPORTUNITY TO OWN A LARGE COLONIAL IN THIS WONDERFUL COMMUNITY WITH SIDEWALKS AND STREETLIGHTS*NEWER 30 YEAR ARCHITECTURAL STYLE ROOF*LARGE BACKYARD FOR YOUR ENTERTAINMENT PLEASURE*CLOSE TO SCHOOLS*SHOPPING*MAJOR ROADWAYS AND ENTERTAINMENT*GOING ONCE-GOING TWICE-GET HERE BEFORE THE COUNT OF THREE*MUST SEE!!!, Additional information: Business Located At:,Rental Income:
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,608
HOA Dues
-
Year Built
1952

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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: 6 months ago (OneKey MLS #KEYL3192277)

Price History

Date / Event Date Event Price
May 21, 2021 Sold
Premium
Sold
Apr 2, 2021 In contract -
In contract
Mar 10, 2021 Price Decreased $679,000
↓ $20K (2.9%)
Price Decreased
Jan 13, 2021 Price Increased $699,000
↑ $20K (3%)
Price Increased
Dec 15, 2020 Listed by Winzone Realty Inc $679,000
Listed by Winzone Realty Inc
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • 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: 19
  • 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: 7
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 20
  • 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: 2,012
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,012
  • 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 005

Neighborhood

  • School District Name: Levittown Union Free School District
  • School Tax School District: 005
  • Census Tract: 409400

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-336-00-0034
  • Block: 336
  • Lot: 34
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7182
  • Longitude: -73.4961

    Address

  • Full Address: 88 Elm Dr N
  • Address - House Number: 88
  • Street Segment Direction: N
  • Address - Street Name: Elm
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Levittown
  • Carrier Code: C029
  • 4-Digit Zip Code: 5500
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,698,257
  • Tax Rate Code Area: 064

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 743,735
  • High Value: 878,415
  • Low Value: 609,056

    Market Valuation

  • Market Total Value: $525,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525
  • Assessed Land Value: $238
  • Assessed Improvements Value: $287

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-075239
  • Previous Sale Recording Date: Sep 01, 2020
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $415,000
  • 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

$464

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2380 ft²

Average Home Age

56.9 years

Currently For Sale

91 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

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,045 ft²
67 Emerson Avenue, Levittown, NY, 11756 Listing by Alan Jurmain CBR
Unit for rent at 3874 Jerusalem Avenue, Seaford, NY, 11783

$5,200 /mo

  • 3 Beds
  • 1 Bath
3874 Jerusalem Avenue #MAINFL, Seaford, NY, 11783 Listing by Linda Vricella
Unit for rent at 112 Division, Levittown, NY, 11756

$2,450 /mo

  • 1 Bed
  • 1 Bath
112 Division #1121C, Levittown, NY, 11756 Listing by Barbara Gunn

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 88 Elm Drive built and last sold?
The property at 88 Elm Drive was built in 1952 and last sold on May 17, 2021 for $662,500.
How much is this home worth?
The estimated value of the home located at 88 Elm Drive is $685,790.
What are some comparable homes to 88 Elm Drive?
There are currently no comparable homes to 88 Elm Drive.
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