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North Babylon 11703 North Babylon
431 Spangle Drive
$482,000
● House - Off Market

431 Spangle Drive

Babylon, NY 11703
bedrooms
3 Beds
bathrooms
1 Bath
$629,328
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Welcome to this Spacious Front to Back Split which sits on .40 acres  in North Babylon, NY.  This lovely home has been expanded offering soaring ceilings and generous living space for your relaxation, entertainment and enjoyment pleasure.  Enter through the foyer into a large living room then into a kitchen/dining room! Up a few steps to three bedrooms and a full bathroom or down a few steps to a family room with an outside entrance, large closet and utility/laundry room. Close to highways, town pool, fine dining and Long Island Railroad.  A beautiful place to call home., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$996
HOA Dues
-
Year Built
1960

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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 #KEYL3246665)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Sep 16, 2020 In contract -
In contract
Aug 26, 2020 Listed by EXP Realty $479,000
Listed by EXP Realty
Sep 16, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 17,666
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000405
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 2873 LOT 21

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • Account Number: 20232204720
  • District: 0100-1
  • Section: 148.00
  • Parcel: 0100-148.00-02.00-045.000
  • Block: 2
  • Lot: 45.000
  • Municipality: BABYLON
  • Latitude: 40.7288
  • Longitude: -73.3279

    Address

  • Full Address: 431 Spangle Dr
  • Address - House Number: 431
  • Address - Street Name: Spangle
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C016
  • 4-Digit Zip Code: 3720
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,280,037
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 621,997
  • High Value: 762,816
  • Low Value: 481,178

    Market Valuation

  • Market Total Value: $5,848
  • Market Land Value: $939
  • Market Improvement Value: $4,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,860
  • Assessed Land Value: $620
  • Assessed Improvements Value: $3,240

    Sales

  • Current Sale Contract Date: Sep 03, 2003
  • Current Sale Recording Date: Sep 16, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
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

$415

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1594 ft²

Average Home Age

65.5 years

Currently For Sale

25 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
  • 600 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 134 Ralph Avenue, Babylon, NY, 11702

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,482 ft²
134 Ralph Avenue, Babylon, NY, 11702 Listing by Georgia Westcott
Unit for rent at 486 Silver Street, West Babylon, NY, 11704

$2,850 /mo

  • 2 Beds
  • 1 Bath
486 Silver Street, West Babylon, NY, 11704 Listing by Lily Fung

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 431 Spangle Drive built and last sold?
The property at 431 Spangle Drive was built in 1960 and last sold on Sep 3, 2003 for $325,000.
How much is this home worth?
The estimated value of the home located at 431 Spangle Drive is $483,790.
What are some comparable homes to 431 Spangle Drive?
There are currently no comparable homes to 431 Spangle Drive.
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