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West Babylon 11704 West Babylon
256 16th Street
$240,000
● House - Off Market

256 16th Street

Babylon, NY 11704
bedrooms
5 Beds
bathrooms
2 Baths
$471,242
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

All Binders Off!!!This Is It! Show And Sell This Newly Painted And Carpeted Home With New Heating System, Water Heater, Baseboards, Flooring Dishwasher And Stove. Ideal For The Large Or Extended Family!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,080
HOA Dues
-
Year Built
1950

Payment Calculator

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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 #KEYL2494427)

Price History

Date / Event Date Event Price
Apr 15, 2013 Sold
Premium
Sold
May 10, 2012 Listed by Douglas Elliman Real Estate $229,000
Listed by Douglas Elliman Real Estate
Aug 23, 2010 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,522
  • Building Area: 2,522
  • 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
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: F.M. 1733 LOT 54

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 122901

Zoning

  • Zoning: C

Geography

  • Account Number: 20232007070
  • District: 0100-1
  • Section: 136.00
  • Parcel: 0100-136.00-01.00-050.000
  • Block: 1
  • Lot: 50.000
  • Municipality: BABYLON
  • Latitude: 40.7249
  • Longitude: -73.3744

    Address

  • Full Address: 256 16th St
  • Address - House Number: 256
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C031
  • 4-Digit Zip Code: 2737
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,340,307
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 601,770
  • High Value: 750,502
  • Low Value: 453,037

    Market Valuation

  • Market Total Value: $6,243
  • Market Land Value: $470
  • Market Improvement Value: $5,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,120
  • Assessed Land Value: $310
  • Assessed Improvements Value: $3,810

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2013
  • Current Sale Recording Date: Apr 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Aug 23, 2010
  • Previous Sale Contract Date: Aug 05, 2010
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 34
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 Babylon

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1716 ft²

Average Home Age

65.5 years

Currently For Sale

59 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

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 256 16th Street built and last sold?
The property at 256 16th Street was built in 1950 and last sold on Feb 27, 2013 for $240,000.
How much is this home worth?
The estimated value of the home located at 256 16th Street is $231,290.
What are some comparable homes to 256 16th Street?
There are currently no comparable homes to 256 16th Street.
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