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Babylon 11702 Babylon
18 Prospect Street
$850,000
● House - Off Market

18 Prospect Street

Babylon, NY 11702
bedrooms
7 Beds
bathrooms
2 Baths, 1 Half Bath
$1,393,693
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Stately Victorian Home In The Heart Of Babylon Village. Boasting 7 Br, 2.5 Baths, Hardwood Floors, 2 Fire Pl, Nestled On Meticulously Maintained Grounds. Fully Fenced Picturesque Property W/Spacious Wraparound Porches. Enjoy Village Living At Its Finest., Additional information: Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,988
HOA Dues
-
Year Built
1895

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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: 6 months ago (OneKey MLS #KEYL2980898)

Price History

Date / Event Date Event Price
Jun 22, 2021 Sold
Premium
Sold
Apr 4, 2018 Sold
Premium
Sold
Oct 25, 2017 Listed by Netter Real Estate Inc $899,999
Listed by Netter Real Estate Inc
Aug 16, 1995 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • 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: 20,010
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 3,951
  • Building Area: 3,951
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,951
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-PROSPECT ST E-DEALE &HEWLETT S-NORTON W-CHRIST CHURCH

Neighborhood

  • School District Name: Babylon Union Free School District
  • School Tax School District: BABYLON
  • Census Tract: 124602

Geography

  • Account Number: 20230404780
  • District: 0102-0
  • Section: 14.00
  • Parcel: 0102-014.00-01.00-023.000
  • Block: 1
  • Lot: 23.000
  • Municipality: BABYLON
  • Latitude: 40.6945
  • Longitude: -73.3244

    Address

  • Full Address: 18 Prospect St
  • Address - House Number: 18
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NY
  • City Name: Babylon
  • Carrier Code: C004
  • 4-Digit Zip Code: 3407
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,515,154
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,095,614
  • High Value: 1,358,552
  • Low Value: 832,675

    Market Valuation

  • Market Total Value: $420,112
  • Market Land Value: $61,453
  • Market Improvement Value: $358,659

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,520
  • Assessed Land Value: $1,100
  • Assessed Improvements Value: $6,420

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 04, 2018
  • Previous Sale Contract Date: Mar 12, 2018
  • Previous Sale Amount: $850,000
  • Previous 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 Babylon

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$505

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1934 ft²

Average Home Age

69 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 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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Prospect Street built and last sold?
The property at 18 Prospect Street was built in 1895 and last sold on May 21, 2021 for $975,000.
How much is this home worth?
The estimated value of the home located at 18 Prospect Street is $908,999.
What are some comparable homes to 18 Prospect Street?
There are currently no comparable homes to 18 Prospect Street.
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