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Amityville 11701 Amityville
47 Locust Drive
$407,001
● House - Off Market

47 Locust Drive

Babylon, NY 11701
bedrooms
4 Beds
bathrooms
2 Baths
$411,567
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Large Lot! Brick Construction, Detached 2 Car Garage. Full Basement with Plumbing for 3rd Bathroom., Additional information: Appearance:Fair,Separate Hotwater Heater:Gas
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$989
HOA Dues
-
Year Built
1930

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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 #KEYL3427477)

Price History

Date / Event Date Event Price
Aug 23, 2023 Sold
Premium
Sold
Nov 16, 2022 Sold
Premium
Sold
Oct 20, 2022 In contract -
In contract
Sep 1, 2022 Listed by Green Acre Investment Corp $390,000
Listed by Green Acre Investment Corp
May 16, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 13,000
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,133
  • Building Area: 1,133
  • 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
  • Subdivision: MAP AMITY PARK
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 191 BLK. 2 LOTS 69 -72 INC.

Neighborhood

  • School District Name: Amityville Union Free School District
  • School Tax School District: AMITYVILLE
  • Census Tract: 123500

Geography

  • Account Number: 20230100900
  • District: 0101-0
  • Section: 1.00
  • Parcel: 0101-001.00-01.00-075.000
  • Block: 1
  • Lot: 75.000
  • Municipality: BABYLON
  • Latitude: 40.6905
  • Longitude: -73.423

    Address

  • Full Address: 47 Locust Dr
  • Address - House Number: 47
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Amityville
  • Carrier Code: C023
  • 4-Digit Zip Code: 1727
  • Zip Code: 11701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,048,814
  • Tax Rate Code Area: 472006

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 382,699
  • High Value: 437,910
  • Low Value: 327,488

    Market Valuation

  • Market Total Value: $173,575
  • Market Land Value: $24,352
  • Market Improvement Value: $149,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,350
  • Assessed Land Value: $470
  • Assessed Improvements Value: $2,880

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 16, 2016
  • Previous Sale Contract Date: Apr 25, 2016
  • Previous Sale Amount: $273,138
  • Previous Sale Document Type: 59

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Type:
    Premium
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 Amityville

Stats & Trends

Median Asking:

$669,495

Sale Price/ft²

$416

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1931 ft²

Average Home Age

62 years

Currently For Sale

23 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 32 Park Ave, Amityville, NY, 11701

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
32 Park Ave #6, Amityville, NY, 11701 Listing by Lori E. Milana
Unit for rent at 22 Park Avenue, Amityville, NY, 11701

$2,570 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
22 Park Avenue #7, Amityville, NY, 11701 Listing by Michelle Holmes
Unit for rent at 515 Jackson Avenue, Lindenhurst, NY, 11757

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
515 Jackson Avenue #29, Lindenhurst, NY, 11757 Listing by Theresa Slomin

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 47 Locust Drive built and last sold?
The property at 47 Locust Drive was built in 1930 and last sold on Nov 1, 2022 for $407,001.
How much is this home worth?
The estimated value of the home located at 47 Locust Drive is $393,900.
What are some comparable homes to 47 Locust Drive?
There are currently no comparable homes to 47 Locust Drive.
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