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North Babylon 11703 North Babylon
41 Pace Drive
$497,500
● House - Off Market

41 Pace Drive

Babylon, NY 11703
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$751,163
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Legal 2 Permit, Perfect M/D, 2/3 Bedroom Over 2/3 Bedroom With Full Bsmt. Beautifully Decorated And Landscaped With Large L Shape In Ground Pool (Liner 5 Years Old, Filter 2 Years Old), Brand New Wood Grain Pvc Fence, New Driveway, Walk And Stoop. 75 Gallon Hot Water Heater, Full Wall Brick Fireplace, Built In Air Conditioners And Whole House Fan. Large Eik And Fdr!, Additional information: Appearance:Mint,Separate Hotwater Heater:Gas
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,014
HOA Dues
-
Year Built
1952

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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 #KEYL2988355)

Price History

Date / Event Date Event Price
Apr 17, 2018 Sold
Premium
Sold
Nov 29, 2017 Listed by Ed Ryan Real Estate Group $489,500
Listed by Ed Ryan Real Estate Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 8,732
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,409
  • Building Area: 2,409
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,409
  • 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 1869 LOTS 19 & W.14'20

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 123102

Zoning

  • Zoning: C

Geography

  • Account Number: 20232217160
  • District: 0100-1
  • Section: 153.00
  • Parcel: 0100-153.00-03.00-030.000
  • Block: 3
  • Lot: 30.000
  • Municipality: BABYLON
  • Latitude: 40.7213
  • Longitude: -73.3157

    Address

  • Full Address: 41 Pace Dr
  • Address - House Number: 41
  • Address - Street Name: Pace
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C014
  • 4-Digit Zip Code: 5316
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,336,823
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 685,115
  • High Value: 841,664
  • Low Value: 528,566

    Market Valuation

  • Market Total Value: $5,924
  • Market Land Value: $606
  • Market Improvement Value: $5,318

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,910
  • Assessed Land Value: $400
  • Assessed Improvements Value: $3,510

    Sales

  • Current Sale Contract Date: Mar 11, 2018
  • Current Sale Recording Date: May 10, 2018
  • 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

$414

Below Asking

0.01%

Average Days on Market

91

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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 41 Pace Drive built and last sold?
The property at 41 Pace Drive was built in 1952 and last sold on Mar 11, 2018 for $497,500.
How much is this home worth?
The estimated value of the home located at 41 Pace Drive is $0.
What are some comparable homes to 41 Pace Drive?
There are currently no comparable homes to 41 Pace Drive.
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