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West Babylon 11704 West Babylon
362 Silver Street
$525,000
● House - Off Market

362 Silver Street

West Babylon, NY 11704
bedrooms
4 Beds
bathrooms
1 Bath
$514,884
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

*Watch Virtual Tour* This Turn Key 4 Bedroom Cape On Over-Sized Property With Central Air Is Truly Full Of Charm. Features Large Eik W/S.S Appliances, Sliding Doors To Large Deck For Entertainment, Updated Siding, Roof, Windows, Heating System, 3 Car Driveway, Pavers, Close To Shopping, Schools & Parkway. Beautiful Block.
Unit Size
-
Days on Market
81 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1956

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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 #ONE3313218)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Premium
Sold
Jun 12, 2021 In contract -
In contract
Jun 1, 2021 In contract -
In contract
May 24, 2021 In contract -
In contract
May 17, 2021 Listed by Coldwell Banker Easton Prop $449,900
Listed by Coldwell Banker Easton Prop
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 8,740
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 920
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 12 SEC 3 BLK 9 LOTS 22-25 INC PTS

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 123002

Zoning

  • Zoning: C

Geography

  • Account Number: 20232105990
  • District: 0100-1
  • Section: 141.00
  • Parcel: 0100-141.00-02.00-032.000
  • Block: 2
  • Lot: 32.000
  • Municipality: BABYLON
  • Latitude: 40.7248
  • Longitude: -73.3441

    Address

  • Full Address: 362 Silver St
  • Address - House Number: 362
  • Address - Street Name: Silver
  • Address - Suffix Type: St
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C055
  • 4-Digit Zip Code: 4008
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $935,274
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 599,505
  • High Value: 736,291
  • Low Value: 462,719

    Market Valuation

  • Market Total Value: $4,212
  • Market Land Value: $409
  • Market Improvement Value: $3,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,780
  • Assessed Land Value: $270
  • Assessed Improvements Value: $2,510

    Sales

  • Current Sale Contract Date: Oct 30, 2009
  • Current Sale Recording Date: Jan 04, 2010
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Nov 09, 2004
  • Previous Sale Contract Date: Oct 13, 2004
  • Previous Sale Amount: $335,000
  • 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 West Babylon

Stats & Trends

Median Asking:

$655,500

Sale Price/ft²

$436

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1709 ft²

Average Home Age

66.9 years

Currently For Sale

56 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 362 Silver Street built and last sold?
The property at 362 Silver Street was built in 1956 and last sold on Oct 30, 2009 for $0.
How much is this home worth?
The estimated value of the home located at 362 Silver Street is $0.
What are some comparable homes to 362 Silver Street?
There are currently no comparable homes to 362 Silver Street.
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