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North Babylon 11703 North Babylon
4 Magro Drive
$310,000
● House - Off Market

4 Magro Drive

Babylon, NY 11703
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
$632,594
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Great Split  Lot Of Room Plenty Of Storage  4 Bedrooms  1 1/2 New Baths Granite Kitchen, Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$803
HOA Dues
-
Year Built
1953

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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: 4 months ago (OneKey MLS #KEYL2586109)

Price History

Date / Event Date Event Price
Nov 8, 2013 Sold
Premium
Sold
Sep 20, 2013 Sold
Premium
Sold
May 28, 2013 Listed by Coldwell Banker Easton Prop $324,900
Listed by Coldwell Banker Easton Prop
Jun 27, 2000 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 7,875
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,509
  • Building Area: 1,509
  • 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: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1953 LOT 2

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: 20232204500
  • District: 0100-1
  • Section: 148.00
  • Parcel: 0100-148.00-02.00-023.000
  • Block: 2
  • Lot: 23.000
  • Municipality: BABYLON
  • Latitude: 40.73
  • Longitude: -73.3217

    Address

  • Full Address: 4 Magro Dr
  • Address - House Number: 4
  • Address - Street Name: Magro
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C023
  • 4-Digit Zip Code: 3704
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,740
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 616,051
  • High Value: 761,249
  • Low Value: 470,853

    Market Valuation

  • Market Total Value: $5,159
  • Market Land Value: $576
  • Market Improvement Value: $4,583

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,405
  • Assessed Land Value: $380
  • Assessed Improvements Value: $3,025

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2013
  • Current Sale Recording Date: Nov 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jun 27, 2000
  • Previous Sale Contract Date: Jun 14, 2000
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: ADJ
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

$413

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1584 ft²

Average Home Age

65.7 years

Currently For Sale

24 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 113 Alicia Drive, North Babylon, NY, 11703

$4,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
113 Alicia Drive, North Babylon, NY, 11703 Listing by Mary E. Adams
Unit for rent at 207 August Road, North Babylon, NY, 11703

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,100 ft²
207 August Road, North Babylon, NY, 11703 Listing by Rahul Jaggi

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Magro Drive built and last sold?
The property at 4 Magro Drive was built in 1953 and last sold on Sep 20, 2013 for $310,000.
How much is this home worth?
The estimated value of the home located at 4 Magro Drive is $328,149.
What are some comparable homes to 4 Magro Drive?
There are currently no comparable homes to 4 Magro Drive.
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