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North Babylon 11703 North Babylon
400 Spangle Drive
$405,000
● House - Off Market

400 Spangle Drive

Babylon, NY 11703
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$622,560
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Private Splanch overlooking beautiful Elda Lake! Wake up and view this peaceful serene lake outside your bedroom window! Spacious rooms throughout, Family Room with Fireplace, Master Bedroom w/ private Bath! Park-like grounds overlook sparkling IG Pool and cabana.  Plenty of attic storage and generous closet space. Seller is MOTIVATED!  Location, Location!   Come see and fall in love!, Additional information: Appearance:Excellent+
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,079
HOA Dues
-
Year Built
1962

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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: 5 months ago (OneKey MLS #KEYL3211931)

Price History

Date / Event Date Event Price
Sep 22, 2020 Sold
Premium
Sold
Jul 9, 2020 Sold
Premium
Sold
Jun 6, 2020 In contract -
In contract
Apr 20, 2020 Listed by Century 21 Adams Real Estate $449,000
Listed by Century 21 Adams Real Estate
Jun 10, 1996 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 8,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,544
  • Building Area: 2,544
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,544
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 3618 LOT 1

Neighborhood

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

Zoning

  • Zoning: C

Geography

  • Account Number: 20232204250
  • District: 0100-1
  • Section: 148.00
  • Parcel: 0100-148.00-01.00-024.000
  • Block: 1
  • Lot: 24.000
  • Municipality: BABYLON
  • Latitude: 40.7247
  • Longitude: -73.3277

    Address

  • Full Address: 400 Spangle Dr
  • Address - House Number: 400
  • Address - Street Name: Spangle
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C016
  • 4-Digit Zip Code: 3710
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,171,194
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 592,438
  • High Value: 737,637
  • Low Value: 447,239

    Market Valuation

  • Market Total Value: $5,334
  • Market Land Value: $576
  • Market Improvement Value: $4,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,520
  • Assessed Land Value: $380
  • Assessed Improvements Value: $3,140

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 10, 1996
  • Previous Sale Contract Date: May 29, 1996
  • Previous Sale Amount: $196,000
  • 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 North Babylon

Stats & Trends

Median Asking:

$649,450

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1488 ft²

Average Home Age

65.9 years

Currently For Sale

29 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 11 Park Avenue, Babylon, NY, 11702

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 54 Ralph Avenue, Babylon, NY, 11702

$2,495 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
54 Ralph Avenue, Babylon, NY, 11702 Listing by Aideen Duignan
Unit for rent at 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 400 Spangle Drive built and last sold?
The property at 400 Spangle Drive was built in 1962 and last sold on Jul 24, 2020 for $405,000.
How much is this home worth?
The estimated value of the home located at 400 Spangle Drive is $453,490.
What are some comparable homes to 400 Spangle Drive?
There are currently no comparable homes to 400 Spangle Drive.
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