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Oak Beach-Captree 11702 Oak Beach - Captree
32 Sandy Drive
$610,000
● House - Off Market

32 Sandy Drive

Oak Beach, NY 11702
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$653,041
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

PRIVATE BEACHFRONT COMMUNITY LIVING A rare find in the beautiful Oak Beach waterfront community. Open layout throughout, updated kitchen with radiant floors and access to the pool and deck. Living room with fireplace, formal dining room and separate family room, outdoor private decks, water views of the Great South Bay and Inlet, and a tranquil walkway to the beach. Walk-Out Lower Level, 1 Car Garage, .6428 Acre. You can enjoy one of the private beaches steps away, everyday is like you are on vacation! Babylon town lease extended to 2065.
Unit Size
-
Days on Market
-
Land Size
0.64 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,500
HOA Dues
-
Year Built
1989

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: 3 years ago (OneKey MLS #ONE3419907)

Price History

Date / Event Date Event Price
Feb 15, 2023 Sold
Premium
Sold
Nov 28, 2022 In contract -
In contract
Oct 10, 2022 Price Decreased $625,000
↓ $25K (3.8%)
Price Decreased
Aug 27, 2022 Price Decreased $649,500
↓ $50K (7.1%)
Price Decreased
Jul 29, 2022 Listed by Compass Greater NY LLC $699,000
Listed by Compass Greater NY LLC

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 28,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,104
  • Building Area: 2,104
  • 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: MAP OAK BEACH
  • Land Acres: 0000000642
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: OAK BEACH LOT 48 TOWN OWNED LEASED LAND

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • Account Number: 20233004080
  • District: 0100-2
  • Section: 243.00
  • Parcel: 0100-243.00-01.00-138.000
  • Block: 1
  • Lot: 138.000
  • Municipality: BABYLON
  • Latitude: 40.6398
  • Longitude: -73.278

    Address

  • Full Address: 32 Sandy Dr
  • Address - House Number: 32
  • Address - Street Name: Sandy
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Babylon
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,738,859
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 602,565
  • High Value: 689,496
  • Low Value: 515,634

    Market Valuation

  • Market Total Value: $8,378
  • Market Land Value: $530
  • Market Improvement Value: $7,848

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,530
  • Assessed Land Value: $350
  • Assessed Improvements Value: $5,180

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Oak Beach - Captree

Stats & Trends

Median Asking:

$892,995

Sale Price/ft²

$619

Below Asking

0.02%

Average Days on Market

97

Average Home Size

2416 ft²

Average Home Age

67 years

Currently For Sale

4 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 32 Sandy Drive built and last sold?
The property at 32 Sandy Drive was built in 1989 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 32 Sandy Drive is $631,250.
What are some comparable homes to 32 Sandy Drive?
There are currently no comparable homes to 32 Sandy Drive.
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