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Babylon 11702 Babylon
431 W Main Street
$600,000
● House - Off Market

431 W Main Street

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$659,922
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

**PHOTOS COMING SOON**Better look at me!  Expanded Cape in Babylon Village!  Enjoy wonderful open floor plan, New Gourmet Cherry Kitchen! Formal Dining Room, Central Air, Full Basement, Family Room or office can be 4th bedroom!  Maintenance free throughout, backyard is an oasis complete w/ sparkling IG Pool w/ new liner and pump and professionally landscaped!  1 car garage, IG Sprinklers, solar panels are owned!   All Babylon Village amenities, too!  Minutes to shops, restaurants and railroad!, Additional information: Appearance:Excellent+,Separate Hotwater Heater:N
Unit Size
-
Days on Market
133 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,082
HOA Dues
-
Year Built
1955

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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 #KEYL3331556)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Dec 3, 2021 Sold
Premium
Sold
Aug 21, 2021 In contract -
In contract
Aug 21, 2021 Relisted $599,000
Relisted
Aug 6, 2021 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,471
  • Building Area: 2,471
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,471
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1756 LOT 34

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 124601

Geography

  • Account Number: 20230416570
  • District: 0102-0
  • Section: 12.00
  • Parcel: 0102-012.00-01.00-095.000
  • Block: 1
  • Lot: 95.000
  • Municipality: BABYLON
  • Latitude: 40.6896
  • Longitude: -73.3389

    Address

  • Full Address: 431 W Main St
  • Address - House Number: 431
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NY
  • City Name: Babylon
  • Carrier Code: C052
  • 4-Digit Zip Code: 3005
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,499,172
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 666,968
  • High Value: 820,404
  • Low Value: 513,532

    Market Valuation

  • Market Total Value: $204,470
  • Market Land Value: $18,436
  • Market Improvement Value: $186,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,660
  • Assessed Land Value: $330
  • Assessed Improvements Value: $3,330

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 08, 2016
  • Previous Sale Contract Date: Jun 02, 2016
  • Previous Sale Amount: $280,900
  • Previous 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 Babylon

Stats & Trends

Median Asking:

$795,000

Sale Price/ft²

$506

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1959 ft²

Average Home Age

66.9 years

Currently For Sale

19 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 5 Merman Place, Babylon, NY, 11702

$3,005 /mo

  • 1 Bed
  • 1 Bath
  • 520 ft²
5 Merman Place #5, Babylon, NY, 11702 Listing by Michelle Holmes
Unit for rent at 1 Park Avenue, Babylon, NY, 11702

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1 Park Avenue #2, Babylon, NY, 11702 Listing by Alice Yurkerwich
Unit for rent at 75 E Hoffman Avenue, Lindenhurst, NY, 11757

$3,075 /mo

  • 1 Bed
  • 1 Bath
  • 753 ft²
75 E Hoffman Avenue #3060, Lindenhurst, NY, 11757 Listing by Michelle Holmes

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 431 West Main Street built and last sold?
The property at 431 West Main Street was built in 1955 and last sold on Dec 3, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 431 West Main Street is $604,990.
What are some comparable homes to 431 West Main Street?
There are currently no comparable homes to 431 West Main Street.
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