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Deer Park 11729 Deer Park
16 Mark Lane
$600,000
● House - Off Market

16 Mark Lane

Babylon, NY 11729
bedrooms
4 Beds
bathrooms
2 Baths
$607,209
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Don't Miss this excellent hi-ranch in deer park. The beautiful home has 3 bedrooms, 2 full bathrooms, formal dining room, and a sunlit living room. Boiler and roof updated in 2017 - Vinyl siding, fenced  backyard with large deck. Separate entrance from lower level -- Must see!!, Additional information: Interior Features:Lr/Dr,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$898
HOA Dues
-
Year Built
1962

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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: 4 months ago (OneKey MLS #KEYL3368696)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Apr 6, 2022 Sold
Premium
Sold
Jan 22, 2022 In contract -
In contract
Jan 10, 2022 Listed by Winzone Realty Inc $599,000
Listed by Winzone Realty Inc
Oct 3, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 6,882
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,765
  • Building Area: 1,765
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,765
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF FORWARD BULDERS
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 3551 LOT 11

Neighborhood

  • School District Name: Deer Park Union Free School District
  • School Tax School District: DEER PARK
  • Census Tract: 122602

Zoning

  • Zoning: C

Geography

  • Account Number: 20231507680
  • District: 0100-0
  • Section: 86.00
  • Parcel: 0100-086.00-01.00-209.000
  • Block: 1
  • Lot: 209.000
  • Municipality: BABYLON
  • Latitude: 40.7461
  • Longitude: -73.3335

    Address

  • Full Address: 16 Mark Ln
  • Address - House Number: 16
  • Address - Street Name: Mark
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Deer Park
  • Carrier Code: C008
  • 4-Digit Zip Code: 6411
  • Zip Code: 11729

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,143,743
  • Tax Rate Code Area: 472007

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 627,251
  • High Value: 774,042
  • Low Value: 480,460

    Market Valuation

  • Market Total Value: $5,197
  • Market Land Value: $485
  • Market Improvement Value: $4,712

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,430
  • Assessed Land Value: $320
  • Assessed Improvements Value: $3,110

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 03, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $360,000
  • 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 Deer Park

Stats & Trends

Median Asking:

$679,999

Sale Price/ft²

$425

Above Asking

0.00%

Average Days on Market

82

Average Home Size

1677 ft²

Average Home Age

63.4 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 495 Dewitt Avenue, North Babylon, NY, 11703

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,911 ft²
495 Dewitt Avenue, North Babylon, NY, 11703 Listing by Marissa Ferrara
Unit for rent at 45 Golden Avenue, Deer Park, NY, 11729

$2,475 /mo

  • 1 Bed
  • 1 Bath
  • 642 ft²
45 Golden Avenue #E01, Deer Park, NY, 11729 Listing by Michelle Holmes
Unit for rent at 105 Overton Avenue, Sayville, NY, 11782

$1,915 /mo

  • Studio
  • 1 Bath
  • 378 ft²
105 Overton Avenue #E, Sayville, NY, 11782 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Mark Lane built and last sold?
The property at 16 Mark Lane was built in 1962 and last sold on Apr 6, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 16 Mark Lane is $604,990.
What are some comparable homes to 16 Mark Lane?
There are currently no comparable homes to 16 Mark Lane.
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