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1 Arrowood Lane Lane, Melville, NY, 11747

5beds
3baths
8,712sqft
$1,050,000
$121price/sqft
$8,502/moest. monthly cost
$340,080/yrincome needed

About This Home

Prime Professional Location – Corner Property on Route 110 & Arrowood Lane This well-maintained and renovated 5-bedroom ranch offers exceptional visibility and convenience, ideally situated on the corner of Route 110 and Arrowood Lane, just moments from the Northern State Parkway. With a bus route nearby, this location is perfect for commuters and presents an outstanding opportunity for a home office or income-producing property. The home features central air conditioning and natural gas forced-air heating for year-round comfort. A full basement provides ample storage or additional usable space. Set on a spacious lot, the property boasts a large yard ideal for entertaining, fully enclosed with white PVC fencing for privacy. Additional highlights include a separate hot water heater, excellent overall condition, and placement within a highly regarded school district.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

6/10
6/10

Construction

Condition

  • Year built: 1965

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: ENERGY STAR Qualified Appliances

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 2

Features

  • First Floor Bedroom,First Floor Full Bath
  • Attic: Full

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 8,712
  • Total interior livable area: 8,712 sqft

Property

Details

  • Parcel number: 0400235000200095000
  • Special condition: None

Lot

  • Lot size: 8,712 sqft

Parking

  • Parking features: Driveway,Oversized,Private
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Suffolk County and New York

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$337$4,044
Property Taxes $1,417$17,004
Electricity $1,439$17,276
Total$8,502$102,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$291,497/yr
40% on housing$255,060/yr
45% on housing$226,720/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 11747$446
Suffolk County$724

vs Homes Sold Last Month

Median $/sqft

ZIP 11747$435
Suffolk County$412

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Price change$1,100,000
2026-01-30Price change$1,250,000
2026-01-28Listed for sale$999,000
2007-06-05Sold$390,000

For Sale by Agent

AgentLucille DiLorenzo
BrokerageRealty Connect USA L I Inc

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