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Babylon 11702 Babylon
21 Melbury Road
$649,999
● House - Off Market

21 Melbury Road

Babylon, NY 11702
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,554 Ft²
$853,993
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Large Colonial/Farm Ranch With Expansive Floor Plan In Desirable Blue Harbor (South Of Montauk) In Babylon Village. Convertible Floor Plan With Master Bedroom On 1st Or 2nd Floor.  Tranquil Pond Front Location On .37 Acre., Additional information: Appearance:Very Nice,Business Located At:,ExterioFeatures:Tennis,Rental Income:,Separate Hotwater Heater:Gas
Unit Size
3,554 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$183
Property Type
House
Property Taxes
$1,897
HOA Dues
-
Year Built
1952

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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 #KEYL3071849)

Price History

Date / Event Date Event Price
Mar 25, 2021 Sold
Premium
Sold
Dec 15, 2020 Sold
Premium
Sold
Aug 20, 2020 In contract -
In contract
Feb 19, 2020 Price Decreased $649,999
↓ $29K (4.3%)
Price Decreased
Nov 4, 2019 Price Decreased $679,000
↓ $10K (1.5%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 16,275
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 3,554
  • Building Area: 3,554
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,554
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000373
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1631 LOTS N. 55' OF 42 & ALL 43

Neighborhood

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

Geography

  • Account Number: 20230403840
  • District: 0102-0
  • Section: 13.00
  • Parcel: 0102-013.00-01.00-041.000
  • Block: 1
  • Lot: 41.000
  • Municipality: BABYLON
  • Latitude: 40.6931
  • Longitude: -73.3312

    Address

  • Full Address: 21 Melbury Rd
  • Address - House Number: 21
  • Address - Street Name: Melbury
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Babylon
  • Carrier Code: C084
  • 4-Digit Zip Code: 3305
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,158,023
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 924,904
  • High Value: 1,146,874
  • Low Value: 702,935

    Market Valuation

  • Market Total Value: $345,810
  • Market Land Value: $94,972
  • Market Improvement Value: $250,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,190
  • Assessed Land Value: $1,700
  • Assessed Improvements Value: $4,490

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 10, 1993
  • Previous Sale Contract Date: Dec 03, 1993
  • Previous Sale Amount: $302,000
  • Previous Sale Document Type: 51
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

$506

Below Asking

0.01%

Average Days on Market

82

Average Home Size

1785 ft²

Average Home Age

65.5 years

Currently For Sale

20 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 21 Melbury Road built and last sold?
The property at 21 Melbury Road was built in 1952 and last sold on Dec 15, 2020 for $680,000.
How much is this home worth?
The estimated value of the home located at 21 Melbury Road is $742,350.
What are some comparable homes to 21 Melbury Road?
There are currently no comparable homes to 21 Melbury Road.
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