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West Babylon 11702 West Babylon
53 Pershing Avenue
$530,000
● House - Off Market

53 Pershing Avenue

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
1 Bath
$805,658
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Amazing Water front..Almost Completed! Totally Renovated Raised Ranch, Flood Required w/ Mortgage, Hardwood Floors, Vaulted Ceilings, Skylight, Trendy White and Grey Custom Cabinets, Granite, Tile,140' Waterway, Trex Deck Bulkhead Updated, Bedrooms with Balcony Canal View! Desirable Frederick Shores! Minutes to Seagull Restaurant and Bar and Bergen Bay Docks, Panoramic Views! Quiet, Dead-End Block. Approx 60' of Bulkhead Buyer Must Apply for STAR Credit Approx $1,321, Additional information: Appearance:Diamond,Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,005
HOA Dues
-
Year Built
1919

Payment Calculator

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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: 4 months ago (OneKey MLS #KEYL3119063)

Price History

Date / Event Date Event Price
Jul 25, 2019 Sold
Premium
Sold
Jun 6, 2019 In contract -
In contract
Apr 12, 2019 Listed by Douglas Elliman Real Estate $549,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1919
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 7,650
  • Lot Size Depth Feet: 170
  • Lot Size Frontage Feet: 47
  • Building Depth: 170
  • Building Frontage: 45
  • Gross Building Area: 7,650

    Building Floor Area

  • Commercial Building Floor Area: 7,650
  • Retail Building Floor Area: 7,650

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 10
  • Commercial Floor Area Ratio: 15
  • Facilities Floor Area Ratio: 15

Building

  • Building Type: K5
  • Lot Type: 4
  • Land Use: 05
  • Irregular Lot Code: Y
  • Extension Code: N

Neighborhood

  • Community District: 105
  • City Council District: 4
  • Landmark Name: INDIVIDUAL LANDMARK
  • Police Precinct: 14
  • Fire Company: E021
  • Health Area: 5200
  • Sanitation District Borough: 1
  • Sanitation Subsection: 2B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C5-3
  • Special Purpose District 1: MiD

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1276
  • Lot: 999
  • Borough Block Lot: 1012760999

    Address

  • Full Address: 90 East 42 Street
  • Zip Code: 10017

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,484,000
  • Assessed Land Value: $810,000

    Exemptions

  • Exempt Total Value: $2,484,000
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:

$652,450

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1656 ft²

Average Home Age

63.4 years

Currently For Sale

48 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
  • 550 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 54 Ralph Avenue, Babylon, NY, 11702

$2,495 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
54 Ralph Avenue, Babylon, NY, 11702 Listing by Aideen Duignan
Unit for rent at 180 Deer Park Avenue, Babylon, NY, 11702

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 734 ft²
180 Deer Park Avenue #207, Babylon, NY, 11702 Listing by Loraine Burke CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 53 Pershing Avenue built and last sold?
The property at 53 Pershing Avenue was built in 1919 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 53 Pershing Avenue is $554,490.
What are some comparable homes to 53 Pershing Avenue?
There are currently no comparable homes to 53 Pershing Avenue.
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