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North Babylon 11703 North Babylon
346 Sylvan Road
$540,000
● House - Off Market

346 Sylvan Road

North Babylon, NY 11703
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$590,190
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Custom Thornwood Colonial With Legal (by permit) 2 Bedroom Apartment on 2nd Floor. Large Rear Patio & Fenced Yard. Offers 4 Bedrooms, 2.5 Baths. Fireplace, Finished Basement & More.
Unit Size
-
Days on Market
90 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,023
HOA Dues
-
Year Built
1966

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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: 2 years ago (OneKey MLS #ONE3324769)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 23, 2021 Sold
Premium
Sold
Jul 13, 2021 In contract -
In contract
Jul 10, 2021 Relisted $519,900
Relisted
Jun 30, 2021 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 10,185
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,503
  • Building Area: 2,503
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,503
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-SYLVAN RD. E-PANA S-PANA W-MILLER AVE.

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: 20231707080
  • District: 0100-1
  • Section: 108.00
  • Parcel: 0100-108.00-03.00-001.000
  • Block: 3
  • Lot: 1.000
  • Municipality: BABYLON
  • Latitude: 40.7326
  • Longitude: -73.3353

    Address

  • Full Address: 346 Sylvan Rd
  • Address - House Number: 346
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C018
  • 4-Digit Zip Code: 3614
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,324,019
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 628,074
  • High Value: 770,269
  • Low Value: 485,879

    Market Valuation

  • Market Total Value: $5,864
  • Market Land Value: $758
  • Market Improvement Value: $5,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,870
  • Assessed Land Value: $500
  • Assessed Improvements Value: $3,370

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current 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 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 134 Veronica Lane, North Babylon, NY, 11703

$4,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,017 ft²
134 Veronica Lane, North Babylon, NY, 11703 Listing by Helen A. Thompson

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 346 Sylvan Road built and last sold?
The property at 346 Sylvan Road was built in 1966 and last sold on Sep 23, 2021 for $540,000.
How much is this home worth?
The estimated value of the home located at 346 Sylvan Road is $0.
What are some comparable homes to 346 Sylvan Road?
There are currently no comparable homes to 346 Sylvan Road.
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