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Merrick 11566 Merrick
31 S Babylon Turnpike
$620,000
● House - Off Market

31 S Babylon Turnpike

Hempstead, NY 11566
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,093,908
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Brand New 4 Br And 2.5 Bath Custom Colonial W/Front Porch, Gleaming Hw Floors Throughout. Granite Eik W/Island & Ss Appliances. Full Unfinished Ceilings With High Ceilings. Cac, Gas Heating System. Merrick School District. Lindenmere Location Of Merrick.  Master Br Suite With Full Bath& Walk-In Closet. Not In Flood Zone. Close To All! Just Move In! All New Construction!!!, Additional information: Appearance:Brand New,Separate Hotwater Heater:Y
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$265
Property Type
House
Property Taxes
$783
HOA Dues
-
Year Built
2014

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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 #KEYL2698517)

Price History

Date / Event Date Event Price
Aug 4, 2021 Sold
Premium
Sold
Jul 2, 2021 Sold
Premium
Sold
May 19, 2021 In contract -
In contract
Apr 28, 2021 Listed by Century 21 American Homes $779,000
Listed by Century 21 American Homes
Apr 25, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 2
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 6,856
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF BAYHAMPTON PARK
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 025

Neighborhood

  • School District Name: Merrick Union Free School District
  • School Tax School District: 025
  • Census Tract: 415101

Geography

  • District: 282089
  • Section: 55
  • Parcel: 55-147-00-0134
  • Block: 147
  • Lot: 134-135
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.66
  • Longitude: -73.5597

    Address

  • Full Address: 31 Babylon Tpke
  • Address - House Number: 31
  • Address - Street Name: Babylon
  • Address - Suffix Type: Tpke
  • State: NY
  • City Name: Merrick
  • Carrier Code: C036
  • 4-Digit Zip Code: 3827
  • Zip Code: 11566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,824,627
  • Tax Rate Code Area: 126

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 892,151
  • High Value: 1,056,258
  • Low Value: 728,045

    Market Valuation

  • Market Total Value: $644,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $644
  • Assessed Land Value: $199
  • Assessed Improvements Value: $445

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-103016
  • Previous Sale Recording Date: Apr 25, 2016
  • Previous Sale Contract Date: Apr 07, 2016
  • Previous Sale Amount: $620,000
  • 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 Merrick

Stats & Trends

Median Asking:

$899,500

Sale Price/ft²

$492

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2184 ft²

Average Home Age

61.4 years

Currently For Sale

31 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 2327 Cleveland Street, Bellmore, NY, 11710

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,514 ft²
2327 Cleveland Street, Bellmore, NY, 11710 Listing by Yesenia Gonzalez
Unit for rent at 2528 Marshall Avenue, Bellmore, NY, 11710

$4,650 /mo

  • 4 Beds
  • 2 Baths
  • 1,116 ft²
2528 Marshall Avenue, Bellmore, NY, 11710 Listing by Nicholas Speirs

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 31 Babylon Turnpike built and last sold?
The property at 31 Babylon Turnpike was built in 2014 and last sold on Jul 23, 2021 for $780,000.
How much is this home worth?
The estimated value of the home located at 31 Babylon Turnpike is $0.
What are some comparable homes to 31 Babylon Turnpike?
There are currently no comparable homes to 31 Babylon Turnpike.
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