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Lindenhurst 11757 Lindenhurst
437 Reade Avenue
$570,000
● House - Off Market

437 Reade Avenue

Babylon, NY 11757
bedrooms
3 Beds
bathrooms
1 Bath
$3,592
Est. Monthly

About This Property

Welcome to the Village of Lindenhurst, located in the Town of Babylon where (residents only) can enjoy the benefits of town beaches, parks and events. This pretty three bedroom ranch is situated on a large 96X100 lot located near schools and libraries. This home has 6 year roof, large full basement with new carpeting, 8 foot ceilings and laundry area. The main level has hardwood floors in most rooms, with over 9 foot ceilings. The kitchen has stainless steel appliances with access to the large fully fenced backyard and basement. Enjoy the beautiful fireplace in the living room and pleasant dinners in the bright and airy dining room. A breezeway with access to the oversized two car garage is an extra bonus in this lovely home. Being sold "AS IS". Taxes to be Verified. Woodpile remaining with house., Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,014
HOA Dues
-
Year Built
1953

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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: 6 months ago (OneKey MLS #KEYL3557634)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Premium
Sold
Jul 29, 2024 In contract -
In contract
Jul 1, 2024 In contract -
In contract
Jun 8, 2024 Listed by Howard Hanna Coach $525,000
Listed by Howard Hanna Coach
Welcome to the Village of Lindenhurst, located in the Town of Babylon where (residents only) can enjoy the benefits of town beaches, parks and events. This pretty three bedroom ranch is situated on a large 96X100 lot located near schools and libraries. This home has 6 year roof, large full basement with new carpeting, 8 foot ceilings and laundry area. The main level has hardwood floors in most rooms, with over 9 foot ceilings. The kitchen has stainless steel appliances with access to the large fully fenced backyard and basement. Enjoy the beautiful fireplace in the living room and pleasant dinners in the bright and airy dining room. A breezeway with access to the oversized two car garage is an extra bonus in this lovely home. Being sold "AS IS". Taxes to be Verified. Woodpile remaining with house.
Jun 30, 2006 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 9,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,073
  • Building Area: 1,073
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 641 SEC 7 LOT 1696

Neighborhood

  • School District Name: Lindenhurst Union Free School District
  • School Tax School District: LINDENHURST
  • Census Tract: 124101

Geography

  • Account Number: 20230714770
  • District: 0103-0
  • Section: 17.00
  • Parcel: 0103-017.00-01.00-102.000
  • Block: 1
  • Lot: 102.000
  • Municipality: BABYLON
  • Latitude: 40.6772
  • Longitude: -73.3805

    Address

  • Full Address: 437 Reade Ave
  • Address - House Number: 437
  • Address - Street Name: Reade
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lindenhurst
  • Carrier Code: C039
  • 4-Digit Zip Code: 4543
  • Zip Code: 11757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,189,006
  • Tax Rate Code Area: 472004

    Appraisal Valuation

  • Standard Deviation: 0.258
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 546,362
  • High Value: 687,341
  • Low Value: 405,384

    Market Valuation

  • Market Total Value: $305,556
  • Market Land Value: $26,852
  • Market Improvement Value: $278,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,300
  • Assessed Land Value: $290
  • Assessed Improvements Value: $3,010

    Sales

  • Current Sale Contract Date: Jun 26, 2006
  • Current Sale Recording Date: Jun 30, 2006
  • 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 Lindenhurst

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$428

Below Asking

0.02%

Average Days on Market

92

Average Home Size

1667 ft²

Average Home Age

66.6 years

Currently For Sale

39 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 864 Walnut Street, Lindenhurst, NY, 11757

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
864 Walnut Street, Lindenhurst, NY, 11757 Listing by Emily Kirincic
Unit for rent at 20 Perry Boulevard, Lindenhurst, NY, 11757

$2,715 /mo

  • 1 Bed
  • 1 Bath
  • 685 ft²
20 Perry Boulevard #1, Lindenhurst, NY, 11757 Listing by Michelle Holmes
Unit for rent at 248 Bayview Avenue, Amityville, NY, 11701

$1,900 /mo

  • Studio
  • 1 Bath
  • 500 ft²
248 Bayview Avenue, Amityville, NY, 11701 Listing by Jennifer B. Ronzo E-PRO PSA SRS SR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 437 Reade Avenue built and last sold?
The property at 437 Reade Avenue was built in 1953 and last sold on Jun 26, 2006 for $280,000.
How much is this home worth?
The estimated value of the home located at 437 Reade Avenue is $530,250.
What are some comparable homes to 437 Reade Avenue?
There are currently no comparable homes to 437 Reade Avenue.
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