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North Babylon 11702 North Babylon
49 Burnage Lane
Photo of 49 Burnage Lane
Sold on Jan 31, 2023

26

Map

Photo of 49 Burnage Lane
Photo of 49 Burnage Lane
$520,000
● House - Off Market

49 Burnage Lane

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
2 Baths
$571,649
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Welcome to the beautiful Southards Pond area - close distance to all, Babylon Village shops, restaurants, LIRR, TOB beaches & just blocks from the park entrance ! This expanded 1/2 dormered  Ranch features spacious rooms, hardwood floors under brand new carpets on 1st floor only-EIK features Maple style cabinets -updated full bath & shower- Master bedroom features sliding doors to backyard w/ beautiful lush gardens! 200 AMP electric service- well maintained !!, Additional information: Appearance:Excellent+,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$897
HOA Dues
-
Year Built
1952

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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: 2 years ago (OneKey MLS #KEYL3441978)

Price History

Date / Event Date Event Price
Apr 17, 2023 Sold
Premium
Sold
Jan 31, 2023 Sold
Premium
Sold
Dec 5, 2022 In contract -
In contract
Nov 7, 2022 Listed by Century 21 AA Realty $540,000
Listed by Century 21 AA Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 8,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,628
  • Building Area: 1,628
  • 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 WEST GATE MANOR
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1863 LOT 36

Neighborhood

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

Zoning

  • Zoning: C

Geography

  • Account Number: 20232310440
  • District: 0100-1
  • Section: 161.00
  • Parcel: 0100-161.00-02.00-047.000
  • Block: 2
  • Lot: 47.000
  • Municipality: BABYLON
  • Latitude: 40.7128
  • Longitude: -73.3253

    Address

  • Full Address: 49 Burnage Ln
  • Address - House Number: 49
  • Address - Street Name: Burnage
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Babylon
  • Carrier Code: C019
  • 4-Digit Zip Code: 1426
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $678,334
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 529,249
  • High Value: 605,603
  • Low Value: 452,896

    Market Valuation

  • Market Total Value: $5,000
  • Market Land Value: $545
  • Market Improvement Value: $4,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,300
  • Assessed Land Value: $360
  • Assessed Improvements Value: $2,940

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 21, 2023
  • Current Sale Recording Date: Apr 17, 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 North Babylon

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1584 ft²

Average Home Age

65.7 years

Currently For Sale

24 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 75 Mc Cue Lane, Babylon, NY, 11702

$4,000 /mo

  • 2 Beds
  • 1 Bath
  • 572 ft²
75 Mc Cue Lane, Babylon, NY, 11702 Listing by Susan Casale

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 49 Burnage Lane built and last sold?
The property at 49 Burnage Lane was built in 1952 and last sold on Jan 21, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 49 Burnage Lane is $545,400.
What are some comparable homes to 49 Burnage Lane?
There are currently no comparable homes to 49 Burnage Lane.
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