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North Babylon 11703 North Babylon
1224 August Road
$390,000
● House - Off Market

1224 August Road

Babylon, NY 11703
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,366 Ft²
$551,103
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Totally Renovated Home Available In Desirable North Babylon, Newly Finished Hardwood Floors Throughout, Spacious Backyard With Deck, Freshly Painted Interior, Large Kitchen For Entertaining, Take A Look Before It Goes!  Close To Shopping, Transportation & Much Much More!, Additional information: Appearance:Mint,Interior Features:Lr/Dr
Unit Size
1,366 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$274
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
1952

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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: 5 months ago (OneKey MLS #KEYL3114668)

Price History

Date / Event Date Event Price
Jul 19, 2019 Sold
Premium
Sold
Apr 1, 2019 Listed by Icon Properties $374,900
Listed by Icon Properties
Dec 4, 2018 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 11,640
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,366
  • Building Area: 1,366
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,366
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP PARKDALE ESTATES SECTION 2
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1875 LOT 19

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • Account Number: 20232206590
  • District: 0100-1
  • Section: 149.00
  • Parcel: 0100-149.00-04.00-020.000
  • Block: 4
  • Lot: 20.000
  • Municipality: BABYLON
  • Latitude: 40.7335
  • Longitude: -73.3229

    Address

  • Full Address: 1224 August Rd
  • Address - House Number: 1224
  • Address - Street Name: August
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C059
  • 4-Digit Zip Code: 1907
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,321,525
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 638,749
  • High Value: 789,297
  • Low Value: 488,201

    Market Valuation

  • Market Total Value: $6,137
  • Market Land Value: $758
  • Market Improvement Value: $5,379

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,050
  • Assessed Land Value: $500
  • Assessed Improvements Value: $3,550

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 04, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $330,000
  • 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 North Babylon

Stats & Trends

Median Asking:

$649,990

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

94

Average Home Size

1554 ft²

Average Home Age

65.4 years

Currently For Sale

34 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 1 Park Avenue, Babylon, NY, 11702

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1 Park Avenue, Babylon, NY, 11702 Listing by Alice Yurkerwich
Unit for rent at 107 Cooper Street, Babylon, NY, 11702

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
107 Cooper Street, Babylon, NY, 11702 Listing by Jennifer Brule
Unit for rent at 303 Alfred Street, North Babylon, NY, 11703

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
303 Alfred Street, North Babylon, NY, 11703 Listing by Dharamdeo Jagrooph

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1224 August Road built and last sold?
The property at 1224 August Road was built in 1952 and last sold on Jun 20, 2019 for $390,000.
How much is this home worth?
The estimated value of the home located at 1224 August Road is $391,473.
What are some comparable homes to 1224 August Road?
There are currently no comparable homes to 1224 August Road.
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