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Babylon 11702 Babylon
15 Wigwam Path
$505,000
● House - Off Market

15 Wigwam Path

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,257 Ft²
$1,023,698
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Nicely Maintained Split Level Home With 2,257 Square Feet In Indian Section. Featuring Entry Way, Formal Living & Dining Rooms, Eat In Kitchen On Main Floor. Lower Level Has Family Room W/ Fireplace, Bedroom, Half Bath & Laundry Rm. 2nd Floor Has Master Bedroom W/ Master Bath, 2 Bedrooms & Full Bath. Cac, Hardwood Floors, Freshly Painted Interior, Igs, 2 Car Att Gar., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
2,257 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$244
Property Type
House
Property Taxes
$1,470
HOA Dues
-
Year Built
1956

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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 #KEYL2657354)

Price History

Date / Event Date Event Price
Aug 24, 2018 Sold
Premium
Sold
Oct 2, 2014 Sold
Premium
Sold
Mar 25, 2014 Listed by Winkler Real Estate Inc $549,990
Listed by Winkler Real Estate Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 16,430
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 2,257
  • Building Area: 2,257
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,257
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000377
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Babylon Union Free School District
  • School Tax School District: BABYLON
  • Census Tract: 124500

Zoning

  • Zoning: B

Geography

  • Account Number: 20230307562
  • District: 0102-0
  • Section: 4.00
  • Parcel: 0102-004.00-02.00-083.002
  • Block: 2
  • Lot: 83.002
  • Municipality: BABYLON
  • Latitude: 40.7078
  • Longitude: -73.3153

    Address

  • Full Address: 15 Wigwam Path
  • Address - House Number: 15
  • Address - Street Name: Wigwam
  • Address - Suffix Type: Path
  • State: NY
  • City Name: Babylon
  • Carrier Code: C001
  • 4-Digit Zip Code: 1917
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,969,969
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 833,459
  • High Value: 1,033,483
  • Low Value: 633,436

    Market Valuation

  • Market Total Value: $321,229
  • Market Land Value: $34,637
  • Market Improvement Value: $286,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,750
  • Assessed Land Value: $620
  • Assessed Improvements Value: $5,130

    Sales

  • Current Sale Contract Date: Jul 30, 2018
  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 02, 2014
  • Previous Sale Contract Date: Sep 22, 2014
  • Previous Sale Amount: $505,000
  • 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 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 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 15 Wigwam Path built and last sold?
The property at 15 Wigwam Path was built in 1956 and last sold on Jul 30, 2018 for $610,000.
How much is this home worth?
The estimated value of the home located at 15 Wigwam Path is $0.
What are some comparable homes to 15 Wigwam Path?
There are currently no comparable homes to 15 Wigwam Path.
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