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West Babylon 11704 West Babylon
46 Lucerne Drive
$450,000
● House - Off Market

46 Lucerne Drive

Babylon, NY 11704
bedrooms
2 Beds
bathrooms
3 Baths
$448,322
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Location, Location Sits This 2 Bedroom, 3 Full Bath Open Concept 2-Story Home! Endless Possibilities! Just a Half Block from Argyle Lake and a Short Stroll to Downtown Babylon Village! Desired West Babylon Schools! Heat is a Ductless Slim Line Unit; This Home is Being Sold As-Is, No Representations or Warranties, Additional information: Appearance:As Is,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,187
HOA Dues
-
Year Built
1932

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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 #KEYL3471299)

Price History

Date / Event Date Event Price
Nov 27, 2023 Sold
Premium
Sold
Oct 18, 2023 Sold
Premium
Sold
Jun 21, 2023 In contract -
In contract
May 5, 2023 Price Decreased $449,996
↓ $50K (10%)
Price Decreased
Apr 13, 2023 Listed by BERKSHIRE HATHAWAY $499,996
Listed by BERKSHIRE HATHAWAY

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 8,400
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,845
  • Building Area: 1,845
  • 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: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 120 LOTS 106-108INC.

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 124401

Zoning

  • Zoning: C

Geography

  • Account Number: 20232918990
  • District: 0100-2
  • Section: 221.00
  • Parcel: 0100-221.00-01.00-062.000
  • Block: 1
  • Lot: 62.000
  • Municipality: BABYLON
  • Latitude: 40.6909
  • Longitude: -73.3427

    Address

  • Full Address: 46 Lucerne Dr
  • Address - House Number: 46
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C057
  • 4-Digit Zip Code: 8122
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,424,535
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 487,864
  • High Value: 559,311
  • Low Value: 416,417

    Market Valuation

  • Market Total Value: $6,136
  • Market Land Value: $333
  • Market Improvement Value: $5,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,050
  • Assessed Land Value: $220
  • Assessed Improvements Value: $3,830

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Nov 27, 2023
  • 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 West Babylon

Stats & Trends

Median Asking:

$657,250

Sale Price/ft²

$435

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1664 ft²

Average Home Age

65 years

Currently For Sale

56 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 180 Deer Park Avenue, Babylon, NY, 11702

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 591 ft²
180 Deer Park Avenue #305, Babylon, NY, 11702 Listing by Loraine Burke CBR

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 46 Lucerne Drive built and last sold?
The property at 46 Lucerne Drive was built in 1932 and last sold on Oct 18, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 46 Lucerne Drive is $454,496.
What are some comparable homes to 46 Lucerne Drive?
There are currently no comparable homes to 46 Lucerne Drive.
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