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North Babylon 11703 North Babylon
16 Cheryl Lane
Photo of 16 Cheryl Lane
Sold on Apr 28, 2025

19

Map

Photo of 16 Cheryl Lane
Photo of 16 Cheryl Lane
$615,000
● House - Off Market

16 Cheryl Lane

Babylon, NY 11703
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$4,026
Est. Monthly
11.95%
Cap Rate

About This Property

Location, Location!!

Beautiful Sunset City area, just 1 block (with community access) from Belmont Lake Park.  This is a large house.  It consists of  3-1/3 levels, 5 Bedrooms, 2-1/2 Baths.  Needs some work, but excellent bones and possibilities.
Unit Size
2,200 Ft²
Days on Market
134 days
Land Size
0.15 acres
Price per sqft
$268
Property Type
House
Property Taxes
$1,133
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: 2 years ago (OneKey MLS #KEY803049)

Price History

Date / Event Date Event Price
Apr 28, 2025 Sold
Premium
Sold
Feb 12, 2025 In contract -
In contract
Feb 3, 2025 In contract -
In contract
Jan 23, 2025 Relisted $589,000
Relisted
Jan 22, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,587
  • Building Area: 1,587
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 2011 LOTS PTS OF 58&59

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: 20231708060
  • District: 0100-1
  • Section: 109.00
  • Parcel: 0100-109.00-01.00-059.000
  • Block: 1
  • Lot: 59.000
  • Municipality: BABYLON
  • Latitude: 40.7391
  • Longitude: -73.3333

    Address

  • Full Address: 16 Cheryl Ln
  • Address - House Number: 16
  • Address - Street Name: Cheryl
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C007
  • 4-Digit Zip Code: 2323
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 679,129
  • High Value: 824,999
  • Low Value: 533,258

    Market Valuation

  • Market Total Value: $6,197
  • Market Land Value: $439
  • Market Improvement Value: $5,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,090
  • Assessed Land Value: $290
  • Assessed Improvements Value: $3,800
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

$413

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1584 ft²

Average Home Age

65.7 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Cheryl Lane built and last sold?
The property at 16 Cheryl Lane was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Cheryl Lane is $0.
What are some comparable homes to 16 Cheryl Lane?
There are currently no comparable homes to 16 Cheryl Lane.
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