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North Babylon 11702 North Babylon
18 Independence Avenue
$369,000
● House - Off Market

18 Independence Avenue

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
2 Baths
$679,807
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Beautiful 4 Bedroom Dutch Colonial Just Minutes From Babylon Village. Ss Appliances, Living  Room W/Wood Burning Fireplace, Formal Dining Room, Sun Room/Den, Large Master Bedroom With Spacious Closet, 2 Brand New Bathrooms, 2 Car Detached, Garage On A Large Property, Minutes From The Train Station & Parkways. Oil Heat, But Gas Is On Street - Ez & Inexpensive Conversion!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$891
HOA Dues
-
Year Built
1931

Payment Calculator

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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 #KEYL2797409)

Price History

Date / Event Date Event Price
Jan 11, 2016 Sold
Premium
Sold
Sep 19, 2015 Listed by Realty Connect USA LLC $383,000
Listed by Realty Connect USA LLC
Jun 3, 2015 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 8,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,824
  • Building Area: 1,824
  • 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: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 210 LOTS 116&117

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 123102

Zoning

  • Zoning: C

Geography

  • Account Number: 20232312410
  • District: 0100-1
  • Section: 162.00
  • Parcel: 0100-162.00-02.00-008.000
  • Block: 2
  • Lot: 8.000
  • Municipality: BABYLON
  • Latitude: 40.7146
  • Longitude: -73.3201

    Address

  • Full Address: 18 Independence Ave
  • Address - House Number: 18
  • Address - Street Name: Independence
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Babylon
  • Carrier Code: C019
  • 4-Digit Zip Code: 1305
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,171,194
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 667,826
  • High Value: 821,460
  • Low Value: 514,193

    Market Valuation

  • Market Total Value: $5,334
  • Market Land Value: $379
  • Market Improvement Value: $4,955

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,520
  • Assessed Land Value: $250
  • Assessed Improvements Value: $3,270

    Sales

  • Current Sale Contract Date: Dec 16, 2015
  • Current Sale Recording Date: Jan 11, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jun 03, 2015
  • Previous Sale Contract Date: May 15, 2015
  • Previous Sale Amount: $191,000
  • Previous Sale Document Type: 59
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

1539 ft²

Average Home Age

66.5 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

Unit for rent at 11 Park Avenue, Babylon, NY, 11702

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 54 Ralph Avenue, Babylon, NY, 11702

$2,495 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
54 Ralph Avenue, Babylon, NY, 11702 Listing by Aideen Duignan
Unit for rent at 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz

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 18 Independence Avenue built and last sold?
The property at 18 Independence Avenue was built in 1931 and last sold on Dec 16, 2015 for $369,000.
How much is this home worth?
The estimated value of the home located at 18 Independence Avenue is $386,830.
What are some comparable homes to 18 Independence Avenue?
There are currently no comparable homes to 18 Independence Avenue.
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