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Babylon 11702 Babylon
31 Beachwood Drive
$360,000
● House - Off Market

31 Beachwood Drive

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,545 Ft²
$689,713
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Fabulous And Oversized Expanded Ranch W/4 Br,2 Full Bths, Eik, L-Shaped Dining Area. Full Finished Basement W/?family Rm/Playroom. Wood Floors, Updated Electric, Crown Moldings, 2011 - Gas Heating System, Brick Patio, New Sidewalk, Driveway & Front Steps.   **Jfk Elementary** 2014 Town Taxes W/ Star $9495.56, Additional information: Appearance:Diamond
Unit Size
1,545 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$239
Property Type
House
Property Taxes
$891
HOA Dues
-
Year Built
1950

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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: 5 months ago (OneKey MLS #KEYL2645238)

Price History

Date / Event Date Event Price
May 14, 2014 Sold
Premium
Sold
Feb 5, 2014 Listed by Douglas Elliman Real Estate $369,000
Listed by Douglas Elliman Real Estate
Jun 28, 1995 Sold
Premium
Sold

Property Highlights

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: 7,000
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,545
  • Building Area: 1,545
  • 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: TAPPAN MANOR
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1756 LOT 51

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 124601

Geography

  • Account Number: 20230415630
  • District: 0102-0
  • Section: 12.00
  • Parcel: 0102-012.00-01.00-001.000
  • Block: 1
  • Lot: 1.000
  • Municipality: BABYLON
  • Latitude: 40.6921
  • Longitude: -73.3406

    Address

  • Full Address: 31 Beachwood Dr
  • Address - House Number: 31
  • Address - Street Name: Beachwood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Babylon
  • Carrier Code: C052
  • 4-Digit Zip Code: 2403
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,355,170
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 658,560
  • High Value: 810,062
  • Low Value: 507,058

    Market Valuation

  • Market Total Value: $209,497
  • Market Land Value: $17,318
  • Market Improvement Value: $192,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,750
  • Assessed Land Value: $310
  • Assessed Improvements Value: $3,440

    Sales

  • Current Sale Contract Date: May 01, 2014
  • Current Sale Recording Date: May 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jun 28, 1995
  • Previous Sale Contract Date: Jun 12, 1995
  • Previous Sale Amount: $125,500
  • Previous Sale Document Type: 27
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:

$795,000

Sale Price/ft²

$504

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1931 ft²

Average Home Age

60.1 years

Currently For Sale

18 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 31 Beachwood Drive built and last sold?
The property at 31 Beachwood Drive was built in 1950 and last sold on May 1, 2014 for $360,000.
How much is this home worth?
The estimated value of the home located at 31 Beachwood Drive is $396,591.
What are some comparable homes to 31 Beachwood Drive?
There are currently no comparable homes to 31 Beachwood Drive.
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