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North Babylon 11703 North Babylon
32 Phelps Lane
Photo of 32 Phelps Lane
Sold on Dec 12, 2025

23

Map

Photo of 32 Phelps Lane
Photo of 32 Phelps Lane
$555,000
● House - Off Market

32 Phelps Lane

Babylon, NY 11703
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,524 Ft²
$3,444
Est. Monthly

About This Property

This spacious 4 Bedroom, 2 Bath home in the North Babylon School District has been lovingly owned for years. This home has an updated bathroom, new oil tank, upgraded electric, 14 year old roof, full partially finished basement, and natural gas coming into the home. A lovely sunroom and one car garage make this home complete! This home offers solid construction and great bones, ready for your personal touch and modern updates!

Close proximity to parks, schools, shopping & parkway.

A little TLC will make this home shine!
Unit Size
1,524 Ft²
Days on Market
55 days
Land Size
0.19 acres
Price per sqft
$328
Property Type
House
Property Taxes
$988
HOA Dues
-
Year Built
1952

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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: 11 months ago (OneKey MLS #KEY924204)

Price History

Date / Event Date Event Price
Dec 12, 2025 Sold
Premium
Sold
Oct 31, 2025 In contract -
In contract
Oct 13, 2025 Listed by Signature Premier Properties $499,990
Listed by Signature Premier Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 8,320
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,524
  • Building Area: 1,524
  • 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: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 300 BLK 3 LOTS 43,45.47 & W .5'41

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 123101

Zoning

  • Zoning: B

Geography

  • Account Number: 20232202520
  • District: 0100-1
  • Section: 147.00
  • Parcel: 0100-147.00-02.00-011.000
  • Block: 2
  • Lot: 11.000
  • Municipality: BABYLON
  • Latitude: 40.7245
  • Longitude: -73.325

    Address

  • Full Address: 32 Phelps Ln
  • Address - House Number: 32
  • Address - Street Name: Phelps
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C016
  • 4-Digit Zip Code: 4013
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,107,169
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 616,373
  • High Value: 748,764
  • Low Value: 483,982

    Market Valuation

  • Market Total Value: $5,030
  • Market Land Value: $530
  • Market Improvement Value: $4,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,320
  • Assessed Land Value: $350
  • Assessed Improvements Value: $2,970
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 North Babylon

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1479 ft²

Average Home Age

66.1 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 1 Park Avenue, Babylon, NY, 11702

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1 Park Avenue #2, Babylon, NY, 11702 Listing by Alice Yurkerwich
Unit for rent at 25 Young Street, West Babylon, NY, 11704

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,565 ft²
25 Young Street, West Babylon, NY, 11704 Listing by Travis Jackson
Unit for rent at 42 Haab Avenue, Babylon, NY, 11702

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
42 Haab Avenue, Babylon, NY, 11702 Listing by Edward M. Kaleck

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 11 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 32 Phelps Lane built and last sold?
The property at 32 Phelps Lane was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 32 Phelps Lane is $0.
What are some comparable homes to 32 Phelps Lane?
There are currently no comparable homes to 32 Phelps Lane.
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