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West Islip 11795 West Islip
20 Babylon Avenue
$515,000
● House - Off Market

20 Babylon Avenue

Islip, NY 11795
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,886 Ft²
$591,425
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Wide Line Hi Ranch W/.25 Acre Property In The Hunter Ridge Section Of West Islip. Home Has Great Potential W/ IGS, 200 AMP, Split A/C System, 13 Year Old Furnace, 15 Year Old Roof and 6 Year Old Separate Hot Water Heater. Hardwood Floors On 2nd Floor., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
1,886 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$279
Property Type
House
Property Taxes
$1,032
HOA Dues
-
Year Built
1963

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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: 5 months ago (OneKey MLS #KEYL3327666)

Price History

Date / Event Date Event Price
Jan 6, 2022 Sold
Premium
Sold
Oct 22, 2021 Sold
Premium
Sold
Aug 27, 2021 In contract -
In contract
Jul 7, 2021 Listed by Netter Real Estate Inc $525,500
Listed by Netter Real Estate Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • 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: 8
  • Basement Area: 735
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,886
  • Building Area: 1,886
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,886
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2190946Y183679 T035H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 146705

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.36
  • Parcel: 0500-361.00-01.00-041.001
  • Block: 1000
  • Lot: 100.041
  • Municipality: ISLIP
  • Latitude: 40.7278
  • Longitude: -73.3106

    Address

  • Full Address: 20 Babylon Ave
  • Address - House Number: 20
  • Address - Street Name: Babylon
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Islip
  • Carrier Code: C018
  • 4-Digit Zip Code: 1211
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 633,270
  • High Value: 782,203
  • Low Value: 484,337

    Market Valuation

  • Market Total Value: $618,132
  • Market Land Value: $90,659
  • Market Improvement Value: $527,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $38,400

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • 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 West Islip

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

79

Average Home Size

2150 ft²

Average Home Age

60.7 years

Currently For Sale

38 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

$3,300 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
11 Park Avenue #2A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 134 Ralph Avenue, Babylon, NY, 11702

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
134 Ralph Avenue, Babylon, NY, 11702 Listing by Georgia Westcott
Unit for rent at 7 Locust Ave, Babylon, NY, 11702

$2,875 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
7 Locust Ave #1, Babylon, NY, 11702 Listing by Lori E. Milana

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 20 Babylon Avenue built and last sold?
The property at 20 Babylon Avenue was built in 1963 and last sold on Oct 22, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 20 Babylon Avenue is $530,852.
What are some comparable homes to 20 Babylon Avenue?
There are currently no comparable homes to 20 Babylon Avenue.
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