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North Babylon 11703 North Babylon
12 Thomas Drive
$520,000
● House - Off Market

12 Thomas Drive

Babylon, NY 11703
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$546,385
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Long Island north babylon split level house Completely Redone. 7100 lots size with interior 1700 sqft, tax 9200/year. 3 bedrooms 1.5 baths with hard wood floor. All New Siding, Roof ,Raised Panel Doors , 150 Amp Elec Service, Updated Anderson Windows. Full Partially Finished Basement with Laundry Area. 5 mins from tanger outlet shopping mall. 10 mins from Babylon station.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$774
HOA Dues
-
Year Built
1953

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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 #KEYL3308740)

Price History

Date / Event Date Event Price
Feb 17, 2022 Sold
Premium
Sold
Nov 5, 2021 Sold
Premium
Sold
Sep 14, 2021 In contract -
In contract
May 28, 2021 In contract -
In contract
May 1, 2021 Listed by E Realty International Corp $490,000
Listed by E Realty International Corp
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 7,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,641
  • Building Area: 1,641
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,641
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 2011 LOT 61&PT 60

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 122603

Zoning

  • Zoning: C

Geography

  • Account Number: 20231708040
  • District: 0100-1
  • Section: 109.00
  • Parcel: 0100-109.00-01.00-057.000
  • Block: 1
  • Lot: 57.000
  • Municipality: BABYLON
  • Latitude: 40.7394
  • Longitude: -73.3332

    Address

  • Full Address: 12 Thomas Dr
  • Address - House Number: 12
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C007
  • 4-Digit Zip Code: 2324
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,005,291
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 606,882
  • High Value: 749,919
  • Low Value: 463,845

    Market Valuation

  • Market Total Value: $4,621
  • Market Land Value: $485
  • Market Improvement Value: $4,136

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,050
  • Assessed Land Value: $320
  • Assessed Improvements Value: $2,730

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Feb 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 17, 2017
  • Previous Sale Contract Date: Dec 12, 2016
  • Previous Sale Amount: $332,000
  • Previous Sale Document Type: 12
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 Babylon

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1536 ft²

Average Home Age

66.5 years

Currently For Sale

24 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 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz
Unit for rent at 495 Dewitt Avenue, North Babylon, NY, 11703

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,911 ft²
495 Dewitt Avenue, North Babylon, NY, 11703 Listing by Marissa Ferrara
Unit for rent at 45 Golden Avenue, Deer Park, NY, 11729

$2,475 /mo

  • 1 Bed
  • 1 Bath
  • 642 ft²
45 Golden Avenue #E01, Deer Park, NY, 11729 Listing by Michelle Holmes

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 12 Thomas Drive built and last sold?
The property at 12 Thomas Drive was built in 1953 and last sold on Nov 5, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 12 Thomas Drive is $494,900.
What are some comparable homes to 12 Thomas Drive?
There are currently no comparable homes to 12 Thomas Drive.
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