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Babylon 11702 Babylon
30 Cormack Court
$575,000
● House - Off Market

30 Cormack Court

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$913,969
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Beautifully Renovated Home Loaded With Historic Charm. Walk To The Village For Great Restaurants And Shopping Or South To The Great South Bay. New Kitchen With Ss Appliances. New Bathrooms. New Heating System. Living Room With Fireplace.  Back Deck Overlooks Lovely Pool. Located In Zone X. No Flood Insurance Required., Additional information: Appearance:Diamond,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,045
HOA Dues
-
Year Built
1914

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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 #KEYL2937990)

Price History

Date / Event Date Event Price
Nov 16, 2017 Sold
Premium
Sold
Oct 12, 2017 Sold
Premium
Sold
May 13, 2017 Listed by Realty Connect USA L I Inc $575,000
Listed by Realty Connect USA L I Inc
Jul 18, 2016 Sold
Premium
Sold
May 19, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 519 LOT 8

Neighborhood

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

Geography

  • Account Number: 20230406200
  • District: 0102-0
  • Section: 14.00
  • Parcel: 0102-014.00-03.00-070.000
  • Block: 3
  • Lot: 70.000
  • Municipality: BABYLON
  • Latitude: 40.6934
  • Longitude: -73.3221

    Address

  • Full Address: 30 Cormack Ct
  • Address - House Number: 30
  • Address - Street Name: Cormack
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Babylon
  • Carrier Code: C072
  • 4-Digit Zip Code: 3904
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,699,797
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 903,031
  • High Value: 1,115,594
  • Low Value: 690,468

    Market Valuation

  • Market Total Value: $273,184
  • Market Land Value: $19,553
  • Market Improvement Value: $253,631

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,890
  • Assessed Land Value: $350
  • Assessed Improvements Value: $4,540

    Sales

  • Current Sale Contract Date: Oct 12, 2017
  • Current Sale Recording Date: Nov 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0017-0202550
  • Previous Sale Recording Date: Jul 18, 2016
  • Previous Sale Contract Date: Apr 18, 2016
  • Previous Sale Amount: $400,000
  • 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:

$799,000

Sale Price/ft²

$506

Below Asking

0.02%

Average Days on Market

88

Average Home Size

1876 ft²

Average Home Age

68.8 years

Currently For Sale

22 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 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 180 Deer Park Avenue, Babylon, NY, 11702

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 672 ft²
180 Deer Park Avenue #209, Babylon, NY, 11702 Listing by Loraine Burke CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 30 Cormack Court built and last sold?
The property at 30 Cormack Court was built in 1914 and last sold on Oct 12, 2017 for $575,000.
How much is this home worth?
The estimated value of the home located at 30 Cormack Court is $580,750.
What are some comparable homes to 30 Cormack Court?
There are currently no comparable homes to 30 Cormack Court.
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