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North Babylon 11703 North Babylon
428 Spangle Drive
$715,000
● House - Off Market

428 Spangle Drive

Babylon, NY 11703
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$4,537
Est. Monthly
7.03%
Cap Rate

About This Property

This Beautiful 4 Bedroom 2.5 Bath Large Colonial is Truly a Dream. Features Large Custom Kitchen With S.S Applainces, Quartz Countertops & Farm Sink. Crown Molding, Large 4 Seasons Room off Back of the House For Entertaining, Updated Baths, New Roof, Recessed Lighting, 200 Amp Service, PVC Fencing, Custom Window Treatments, Finished Basement, Close to all Parkways, Shopping, Schools & Public Pool., Additional information: Appearance:Mint
Unit Size
-
Days on Market
105 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,104
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: 4 months ago (OneKey MLS #KEYL3577036)

Price History

Date / Event Date Event Price
Dec 27, 2024 Sold
Premium
Sold
Sep 6, 2024 Listed by Coldwell Banker Easton Prop $699,000
Listed by Coldwell Banker Easton Prop
Dec 16, 2016 Sold
Premium
Sold
May 16, 2016 Listed by Coldwell Banker Easton Prop $399,000
Listed by Coldwell Banker Easton Prop
Jul 6, 2001 Sold
Premium
Sold

Property Highlights

Garage

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: 2,128
  • Building Area: 2,128
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,128
  • 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 15

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: 20232204110
  • District: 0100-1
  • Section: 148.00
  • Parcel: 0100-148.00-01.00-010.000
  • Block: 1
  • Lot: 10.000
  • Municipality: BABYLON
  • Latitude: 40.7276
  • Longitude: -73.3281

    Address

  • Full Address: 428 Spangle Dr
  • Address - House Number: 428
  • 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: $1,292,840
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 645,353
  • High Value: 791,638
  • Low Value: 499,067

    Market Valuation

  • Market Total Value: $5,909
  • Market Land Value: $576
  • Market Improvement Value: $5,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,900
  • Assessed Land Value: $380
  • Assessed Improvements Value: $3,520

    Sales

  • Current Sale Contract Date: Nov 30, 2016
  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jul 06, 2001
  • Previous Sale Contract Date: Jun 21, 2001
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: 33
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

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

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 428 Spangle Drive built and last sold?
The property at 428 Spangle Drive was built in 1962 and last sold on Nov 30, 2016 for $390,000.
How much is this home worth?
The estimated value of the home located at 428 Spangle Drive is $705,990.
What are some comparable homes to 428 Spangle Drive?
There are currently no comparable homes to 428 Spangle Drive.
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