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Babylon 11702 Babylon
130 Cedar Lane
$530,000
● House - Off Market

130 Cedar Lane

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$805,658
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Desirable Babylon Village!! Welcome Home!! Warm, Bright  And Inviting This Mint Condition Center Hall Colonial With 3 BR, 1.5 Baths, LR W/ Wood Fireplace, Formal DR,And Kitchen. Entire House Has Been Updated. Gleaming Hardwood Floors, New Carpets In Bedrooms And Carpet Up The Stairs.High Hats, Freshly Painted, Updated Electric And More...Detached 2 Car Garage, PVC Fence, Pavers Patio, Prof. Landscaping, IG Sprinklers 6 Zones And Own Solar Panels. Convenient To Town, Train Station & Restaurants, Additional information: Appearance:Mint
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$323
Property Type
House
Property Taxes
$967
HOA Dues
-
Year Built
1960

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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 #KEYL3115288)

Price History

Date / Event Date Event Price
Jan 21, 2020 Sold
Premium
Sold
Jul 24, 2019 Sold
Premium
Sold
May 16, 2019 In contract -
In contract
Apr 3, 2019 Listed by Douglas Elliman Real Estate $549,000
Listed by Douglas Elliman Real Estate
Nov 28, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,382
  • Building Area: 1,382
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-SAVIDGE E-CEDAR LANE S-SUMPWAMS AVE W-VELSOR

Neighborhood

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

Geography

  • Account Number: 20230407500
  • District: 0102-0
  • Section: 16.00
  • Parcel: 0102-016.00-01.00-020.000
  • Block: 1
  • Lot: 20.000
  • Municipality: BABYLON
  • Latitude: 40.6878
  • Longitude: -73.3241

    Address

  • Full Address: 130 Cedar Ln
  • Address - House Number: 130
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Babylon
  • Carrier Code: C021
  • 4-Digit Zip Code: 3806
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,104,247
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 798,415
  • High Value: 982,090
  • Low Value: 614,739

    Market Valuation

  • Market Total Value: $186,033
  • Market Land Value: $15,642
  • Market Improvement Value: $170,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,330
  • Assessed Land Value: $280
  • Assessed Improvements Value: $3,050

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 28, 2017
  • Previous Sale Contract Date: Oct 23, 2017
  • Previous Sale Amount: $461,000
  • 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:

$797,000

Sale Price/ft²

$505

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1959 ft²

Average Home Age

66.9 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 1 Park Avenue, Babylon, NY, 11702

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1 Park Avenue #2, Babylon, NY, 11702 Listing by Alice Yurkerwich
Unit for rent at 42 Haab Avenue, Babylon, NY, 11702

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
42 Haab Avenue, Babylon, NY, 11702 Listing by Edward M. Kaleck
Unit for rent at 57 Prospect Street, Babylon, NY, 11702

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 2,243 ft²
57 Prospect Street #A, Babylon, NY, 11702 Listing by Patricia D. Snover

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 130 Cedar Lane built and last sold?
The property at 130 Cedar Lane was built in 1960 and last sold on Jul 24, 2019 for $530,000.
How much is this home worth?
The estimated value of the home located at 130 Cedar Lane is $568,696.
What are some comparable homes to 130 Cedar Lane?
There are currently no comparable homes to 130 Cedar Lane.
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