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Babylon 11702 Babylon
19 Cormack Court
$505,000
● House - Off Market

19 Cormack Court

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$623,298
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Nestled in the Heart of Babylon Village, 19 Cormack Court offers 3 Spacious Bedrooms, and 1.5 Bathrooms. Living-Room boasts High Ceilings, and Tons of Natural Light through it's Gorgeous Skylights, and Bay Window. Eat-In Kitchen, with Breakfast Nook, and Plenty of Space to Entertain. Stairs to it's Lowest Level Offers a Cozy, Additional Living-Room, with Electric Fireplace, Storage, and Entrance to Yard. Vivint Solar Panels are Leased, Offering a Low Monthly Overhead. Roof, Hot Water Heater, and Natural Gas Boiler Are Less Than Five Years Old. No Flood Insurance is Required!
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,086
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: 3 years ago (OneKey MLS #ONE3264221)

Price History

Date / Event Date Event Price
Apr 12, 2021 Sold
Premium
Sold
Feb 23, 2021 Sold
Premium
Sold
Dec 8, 2020 In contract -
In contract
Oct 26, 2020 Listed by EXP Realty $489,999
Listed by EXP Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 519 LOTS ALL OF 22 & PTS 23

Neighborhood

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

Geography

  • Account Number: 20230406150
  • District: 0102-0
  • Section: 14.00
  • Parcel: 0102-014.00-03.00-063.000
  • Block: 3
  • Lot: 63.000
  • Municipality: BABYLON
  • Latitude: 40.6936
  • Longitude: -73.3229

    Address

  • Full Address: 19 Cormack Ct
  • Address - House Number: 19
  • Address - Street Name: Cormack
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Babylon
  • Carrier Code: C072
  • 4-Digit Zip Code: 3903
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,340,975
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 756,165
  • High Value: 930,121
  • Low Value: 582,210

    Market Valuation

  • Market Total Value: $215,642
  • Market Land Value: $28,212
  • Market Improvement Value: $187,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,860
  • Assessed Land Value: $505
  • Assessed Improvements Value: $3,355

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Price:
    Premium
  • Current 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:

$794,000

Sale Price/ft²

$503

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1795 ft²

Average Home Age

65.3 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 46 Totten Place, Babylon, NY, 11702

$3,495 /mo

  • 2 Beds
  • 1 Bath
  • 2,200 ft²
46 Totten Place, Babylon, NY, 11702 Listing by Mary E. Adams
Unit for rent at 23-25 Lincoln Street, Babylon, NY, 11702

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,646 ft²
23-25 Lincoln Street, Babylon, NY, 11702 Listing by Madeline Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 19 Cormack Court built and last sold?
The property at 19 Cormack Court was built in 1956 and last sold on Feb 23, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 19 Cormack Court is $511,674.
What are some comparable homes to 19 Cormack Court?
There are currently no comparable homes to 19 Cormack Court.
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