$550,000
●
House -
Off Market
41 Stone Avenue
Babylon, NY 11703
4 Beds
1 Bath,
1
Half Bath
$3,234
Est. Monthly
About This Property
Large Property with CHEAP TAXES Within Sewer District Use to Be Two
Separate Parcels and Possible Split or Redevelopment Should Be
Explored by Interested Builders/Investors. There have been
some large and expensive updating on the exterior in 2020 as there
is a NEW Roof and all NEW Vinyl Siding, NEW Gutters & Leaders, also
NEW 200 AMP Electric Service, a NEW Hot Water Heater, and NEW
Concrete Driveway and Walkways. The interior has a lot of
potential for any buyer with an eye for design with Four Bedrooms,
2 Bathrooms, and a Large Eat-In-Kitchen to reimagine. The
house also offers a Large Living Room, Formal Dining Room, Some
Wood Flooring, Ample Closet Space, and Pull-Down Steps to Attic
Access. Large Unfinished Basement equipped with both interior
and exterior access and Wine Celler Section to boot. All of
this potential exists on a Prime North Babylon Street Very Close to
the High School. Truly Cheap Taxes at $7,631!, Additional
information: Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$636
HOA Dues
-
Year Built
1914
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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 #KEYL3559758)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Triple Crown Real Estate Assoc | $529,000 | |
| Listed by Triple Crown Real Estate Assoc | |||
| | |||
|
Large Property with CHEAP TAXES Within Sewer District Use to Be Two Separate Parcels and Possible Split or Redevelopment Should Be Explored by Interested Builders/Investors. There have been some large and expensive updating on the exterior in 2020 as there is a NEW Roof and all NEW Vinyl Siding, NEW Gutters & Leaders, also NEW 200 AMP Electric Service, a NEW Hot Water Heater, and NEW Concrete Driveway and Walkways. The interior has a lot of potential for any buyer with an eye for design with Four Bedrooms, 2 Bathrooms, and a Large Eat-In-Kitchen to reimagine. The house also offers a Large Living Room, Formal Dining Room, Some Wood Flooring, Ample Closet Space, and Pull-Down Steps to Attic Access. Large Unfinished Basement equipped with both interior and exterior access and Wine Celler Section to boot. All of this potential exists on a Prime North Babylon Street Very Close to the High School. Truly Cheap Taxes at $7,631!
| |||
Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Babylon
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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