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West Islip 11795 West Islip
131 Babylon Avenue
$560,000
● House - Off Market

131 Babylon Avenue

West Islip, NY 11795
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$640,887
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Excellent condition! This is a must see! Extremely well maintained home which is filled with natural sunlight. Beautiful large bay windows, wood floors, Brand new roof, under a year, new washing machine and dryer and many more updates. Pavers patio and walkway, 35 feet of composite decking with electrical awning with remote, large backyard with additional patio. Taxes without Star.  This house is move in ready!!!!
Unit Size
-
Days on Market
99 days
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,053
HOA Dues
-
Year Built
1963

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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: 3 years ago (OneKey MLS #ONE3312828)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Aug 26, 2021 Sold
Premium
Sold
Jun 3, 2021 In contract -
In contract
May 18, 2021 Relisted $560,000
Relisted

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • 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: 8
  • Basement Area: 762
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2191977Y185349 T035H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 146705

Zoning

  • Zoning: A

Geography

  • District: 0500-3
  • Section: 50.33
  • Parcel: 0500-336.00-02.00-005.000
  • Block: 6000
  • Lot: 200.005
  • Municipality: ISLIP
  • Latitude: 40.7324
  • Longitude: -73.3069

    Address

  • Full Address: 131 Babylon Ave
  • Address - House Number: 131
  • Address - Street Name: Babylon
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Islip
  • Carrier Code: C018
  • 4-Digit Zip Code: 1231
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,474,025
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 654,198
  • High Value: 802,179
  • Low Value: 506,217

    Market Valuation

  • Market Total Value: $616,758
  • Market Land Value: $119,505
  • Market Improvement Value: $497,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,900
  • Assessed Land Value: $8,700
  • Assessed Improvements Value: $36,200

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current 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 West Islip

Stats & Trends

Median Asking:

$749,950

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2243 ft²

Average Home Age

61.6 years

Currently For Sale

35 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 134 Veronica Lane, North Babylon, NY, 11703

$4,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,017 ft²
134 Veronica Lane, North Babylon, NY, 11703 Listing by Helen A. Thompson

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 131 Babylon Avenue built and last sold?
The property at 131 Babylon Avenue was built in 1963 and last sold on Aug 26, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 131 Babylon Avenue is $565,600.
What are some comparable homes to 131 Babylon Avenue?
There are currently no comparable homes to 131 Babylon Avenue.
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