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Babylon 11702 Babylon
25 Mortimer Avenue
$700,000
● House - Off Market

25 Mortimer Avenue

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
2 Baths
$4,120
Est. Monthly

About This Property

Welcome Home To This Stunning & Renovated Cape Nestled Mid Block & South Of Main St. In The Heart Of Babylon Village & Just Steps From Babylon Cove Featuring 4 Bedrooms, 2 Full Baths, A Beautifully Updated Kitchen w/ Granite Countertops & SS Appliances, Dining Room Extension w/ Sliders Leading Outside, A Brand New Roof, Gas Heating & Cooking, Ductless CAC, Second Floor Rear Dormer w/ Laundry, Private Resort-like Backyard w/ Firepit & Patio Perfect For Entertaining, In-Ground Sprinklers & So Much More! Village Amenities Include: Private Garbage Pick-Up & Use of Town of Babylon Beaches. You Do Not Want To Miss This One!, Additional information: Appearance:Mint+++
Unit Size
-
Days on Market
58 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$932
HOA Dues
-
Year Built
1949

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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 #KEYL3559113)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 10, 2024 In contract -
In contract
Jun 30, 2024 In contract -
In contract
Jun 14, 2024 Listed by Keller Williams Realty Elite $649,000
Listed by Keller Williams Realty Elite
May 23, 2023 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 4,750
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,464
  • Building Area: 1,464
  • 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
  • Subdivision: MAP OF SHORE PARK
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 636 LOTS 64A 65B & PT 65A

Neighborhood

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

Geography

  • Account Number: 20230408850
  • District: 0102-0
  • Section: 16.00
  • Parcel: 0102-016.00-03.00-047.000
  • Block: 3
  • Lot: 47.000
  • Municipality: BABYLON
  • Latitude: 40.6918
  • Longitude: -73.3199

    Address

  • Full Address: 25 Mortimer Ave
  • Address - House Number: 25
  • Address - Street Name: Mortimer
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Babylon
  • Carrier Code: C072
  • 4-Digit Zip Code: 4004
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $960,798
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 586,515
  • High Value: 671,130
  • Low Value: 501,900

    Market Valuation

  • Market Total Value: $169,833
  • Market Land Value: $15,084
  • Market Improvement Value: $154,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,040
  • Assessed Land Value: $270
  • Assessed Improvements Value: $2,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2022
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 06, 2015
  • Previous Sale Contract Date: Feb 19, 2015
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: 12
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 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 25 Mortimer Avenue built and last sold?
The property at 25 Mortimer Avenue was built in 1949 and last sold on Oct 18, 2022 for $599,000.
How much is this home worth?
The estimated value of the home located at 25 Mortimer Avenue is $655,490.
What are some comparable homes to 25 Mortimer Avenue?
There are currently no comparable homes to 25 Mortimer Avenue.
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