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North Lindenhurst 11757 North Lindenhurst
1 Monroe Drive
Photo of 1 Monroe Drive
Sold on Jun 30, 2022

10

Map

Photo of 1 Monroe Drive
Photo of 1 Monroe Drive
$500,000
● House - Off Market

1 Monroe Drive

Babylon, NY 11757
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,276 Ft²
$504,671
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Seller Will Entertain All Offers Between $478,888 - $498,888. Charming Updated Ranch in Lindenhurst! Hardwood & Ceramic Tile Throughout. Recessed Lighting Throughout. Living rm W/ Woodburning Fireplace, Formal Dining rm, Eat in Kitchen W/ Stainless-Steel Appliances & Sliding Door to Backyard Patio. Updated Full Bath, 3 Bedrooms. Detached Garage Fully Finished & Used as 4th Bedroom, Has Heat, AC, Electric & Laundry- Bathroom Can Easily Be Added. Separate Shed. Roof & Siding were redone in the last 10 Years. Interior Has Been Re Painted., Additional information: Appearance:Excellent
Unit Size
1,276 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$391
Property Type
House
Property Taxes
$609
HOA Dues
-
Year Built
1950

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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 #KEYL3391010)

Price History

Date / Event Date Event Price
Aug 23, 2022 Sold
Premium
Sold
Jun 30, 2022 Sold
Premium
Sold
Apr 12, 2022 Listed by Lombardo Homes & Estates $498,888
Listed by Lombardo Homes & Estates
Sep 27, 1994 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 976
  • Building Area: 976
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP PINE TERRACE
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1738 LOT 48

Neighborhood

  • School District Name: Lindenhurst Union Free School District
  • School Tax School District: LINDENHURST
  • Census Tract: 123404

Zoning

  • Zoning: C

Geography

  • Account Number: 20231923730
  • District: 0100-1
  • Section: 133.00
  • Parcel: 0100-133.00-04.00-121.000
  • Block: 4
  • Lot: 121.000
  • Municipality: BABYLON
  • Latitude: 40.7116
  • Longitude: -73.3749

    Address

  • Full Address: 1 Monroe Dr
  • Address - House Number: 1
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Lindenhurst
  • Carrier Code: C038
  • 4-Digit Zip Code: 1827
  • Zip Code: 11757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $790,134
  • Tax Rate Code Area: 472004

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 489,259
  • High Value: 559,843
  • Low Value: 418,674

    Market Valuation

  • Market Total Value: $3,712
  • Market Land Value: $424
  • Market Improvement Value: $3,288

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,450
  • Assessed Land Value: $280
  • Assessed Improvements Value: $2,170

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Aug 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 27, 1994
  • Previous Sale Contract Date: Sep 16, 1994
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: 51
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 Lindenhurst

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$416

Above Asking

0.00%

Average Days on Market

77

Average Home Size

1475 ft²

Average Home Age

72 years

Currently For Sale

11 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 75 E Hoffman Avenue, Lindenhurst, NY, 11757

$3,895 /mo

  • 2 Beds
  • 1 Bath
  • 1,117 ft²
75 E Hoffman Avenue #4038, Lindenhurst, NY, 11757 Listing by Michelle Holmes
Unit for rent at 515 Jackson Avenue, Lindenhurst, NY, 11757

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
515 Jackson Avenue #29, Lindenhurst, NY, 11757 Listing by Theresa Slomin
Unit for rent at 639 Wellwood Avenue, Lindenhurst, NY, 11757

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
639 Wellwood Avenue #B6, Lindenhurst, NY, 11757 Listing by Eric G. Ramsay III

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 Monroe Drive built and last sold?
The property at 1 Monroe Drive was built in 1950 and last sold on Jun 30, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 1 Monroe Drive is $506,150.
What are some comparable homes to 1 Monroe Drive?
There are currently no comparable homes to 1 Monroe Drive.
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