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Babylon 11702 Babylon
1 Lighthouse Road
$594,999
● House - Off Market

1 Lighthouse Road

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,891 Ft²
$788,289
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Open House Previously Scheduled for 7/25/20 Has Been Cancelled! This Is Where Your Story Begins! Charming Center Hall New Englander With Entrance Foyer. Inviting Living Room With Gas Fireplace And Bay Window. Flagstone Sunroom/Breezeway With 2 Car Garage With Deck Overlooking Backyard. Alpha Replacement Windows, And IGS, Gas Cooking And Heating. Close To Town. Enjoy Babylon Village Amenities. Matterport 360 Virtual Tour Attached, Additional information: Appearance:Wonderful,Separate Hotwater Heater:Yes
Unit Size
1,891 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$317
Property Type
House
Property Taxes
$1,359
HOA Dues
-
Year Built
1949

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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 #KEYL3228183)

Price History

Date / Event Date Event Price
Dec 3, 2020 Sold
Premium
Sold
Jul 28, 2020 In contract -
In contract
Jul 1, 2020 Listed by Netter Real Estate Inc $599,990
Listed by Netter Real Estate Inc
Jun 14, 2006 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,891
  • Building Area: 1,891
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,891
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: F.M. 457 BLK. 4 P. 8 LOTS P/O 1 & 2

Neighborhood

  • School District Name: Babylon Union Free School District
  • School Tax School District: BABYLON
  • Census Tract: 124602

Geography

  • Account Number: 20230411530
  • District: 0102-0
  • Section: 19.00
  • Parcel: 0102-019.00-01.00-041.000
  • Block: 1
  • Lot: 41.000
  • Municipality: BABYLON
  • Latitude: 40.6866
  • Longitude: -73.3226

    Address

  • Full Address: 1 Lighthouse Rd
  • Address - House Number: 1
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Babylon
  • Carrier Code: C005
  • 4-Digit Zip Code: 4305
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,693,975
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 859,191
  • High Value: 1,061,435
  • Low Value: 656,948

    Market Valuation

  • Market Total Value: $276,536
  • Market Land Value: $27,933
  • Market Improvement Value: $248,603

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,950
  • Assessed Land Value: $500
  • Assessed Improvements Value: $4,450

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 14, 2006
  • Previous Sale Contract Date: May 30, 2006
  • Previous Sale Amount: $600,000
  • 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 Babylon

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$506

Below Asking

0.01%

Average Days on Market

82

Average Home Size

1795 ft²

Average Home Age

65.3 years

Currently For Sale

19 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 180 Deer Park Avenue, Babylon, NY, 11702

$3,400 /mo

  • Studio
  • 1 Bath
  • 640 ft²
180 Deer Park Avenue #301, Babylon, NY, 11702 Listing by Loraine Burke CBR
Unit for rent at 11 Park Avenue, Babylon, NY, 11702

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 54 Ralph Avenue, Babylon, NY, 11702

$2,495 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
54 Ralph Avenue, Babylon, NY, 11702 Listing by Aideen Duignan

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 1 Lighthouse Road built and last sold?
The property at 1 Lighthouse Road was built in 1949 and last sold on Dec 3, 2020 for $595,000.
How much is this home worth?
The estimated value of the home located at 1 Lighthouse Road is $624,788.
What are some comparable homes to 1 Lighthouse Road?
There are currently no comparable homes to 1 Lighthouse Road.
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