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North Wantagh 11793 North Wantagh
88 Weaving Lane
$389,000
● House - Off Market

88 Weaving Lane

Hempstead, NY 11793
bedrooms
4 Beds
bathrooms
2 Baths
$648,842
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

4 Brs 2 Baths Den W/ F/P Kit Lr W/ F/P 4 Brs. Don't Miss This One ! Short Sale !Pending Approval, Additional information: Appearance:Excellent,Interior Features:Lr/Dr,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,169
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: 6 months ago (OneKey MLS #KEYL2958691)

Price History

Date / Event Date Event Price
Mar 12, 2018 Sold
Premium
Sold
Jul 27, 2017 Listed by Douglas Elliman Real Estate $419,000
Listed by Douglas Elliman Real Estate
Feb 24, 2010 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 7
  • 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: 100
  • 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: 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: 1,434
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEVITTOWN SEC 28
  • 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: 409600

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-361-00-0017
  • Block: 361
  • Lot: 17
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7023
  • Longitude: -73.5184

    Address

  • Full Address: 88 Weaving Ln
  • Address - House Number: 88
  • Address - Street Name: Weaving
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Wantagh
  • Carrier Code: C041
  • 4-Digit Zip Code: 1259
  • Zip Code: 11793

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,443,248
  • Tax Rate Code Area: 118

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 590,640
  • High Value: 698,284
  • Low Value: 482,995

    Market Valuation

  • Market Total Value: $452,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452
  • Assessed Land Value: $231
  • Assessed Improvements Value: $221

    Sales

  • Current Sale Contract Date: Mar 02, 2018
  • Current Sale Recording Date: Mar 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20180022207
  • Previous Sale Recording Date: Feb 24, 2010
  • Previous Sale Contract Date: Feb 08, 2010
  • Previous Sale Amount: $378,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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 North Wantagh

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$489

Below Asking

0.01%

Average Days on Market

80

Average Home Size

1539 ft²

Average Home Age

65.8 years

Currently For Sale

16 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 3535 Park Avenue, Wantagh, NY, 11793

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
3535 Park Avenue, Wantagh, NY, 11793 Listing by Deena Ceffalia
Unit for rent at 1539 Park Avenue, Merrick, NY, 11566

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,386 ft²
1539 Park Avenue, Merrick, NY, 11566 Listing by Lisa J. DeTurris
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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 88 Weaving Lane built and last sold?
The property at 88 Weaving Lane was built in 1948 and last sold on Mar 2, 2018 for $389,000.
How much is this home worth?
The estimated value of the home located at 88 Weaving Lane is $474,475.
What are some comparable homes to 88 Weaving Lane?
There are currently no comparable homes to 88 Weaving Lane.
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