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Deer Park 11729 Deer Park
55 Prospect Place
$615,000
● House - Off Market

55 Prospect Place

Babylon, NY 11729
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,400 Ft²
$646,743
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Sun Drenching and airy with lots of windows. Well built and beautifully decorated Gem. Conveniently located. CAC, Gourmet kitchen., Additional information: Appearance:excellent
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$266
Property Type
House
Property Taxes
$1,127
HOA Dues
-
Year Built
2015

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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 #KEYL3268640)

Price History

Date / Event Date Event Price
Jun 3, 2022 Sold
Premium
Sold
Apr 20, 2022 Sold
Premium
Sold
Mar 4, 2022 In contract -
In contract
Mar 1, 2022 Relisted $638,000
Relisted
Jan 12, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 7,520
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,051
  • Building Area: 2,051
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,051
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF NOEBO PARK
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Deer Park Union Free School District
  • School Tax School District: DEER PARK
  • Census Tract: 122707

Zoning

  • Zoning: C

Geography

  • Account Number: 20221108891
  • District: 0100-0
  • Section: 44.00
  • Parcel: 0100-044.00-02.00-029.001
  • Block: 2
  • Lot: 29.001
  • Municipality: BABYLON
  • Latitude: 40.7671
  • Longitude: -73.3158

    Address

  • Full Address: 55 Prospect Pl
  • Address - House Number: 55
  • Address - Street Name: Prospect
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Deer Park
  • Carrier Code: C029
  • 4-Digit Zip Code: 3723
  • Zip Code: 11729

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,433,152
  • Tax Rate Code Area: 472007

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 67
  • Final Value: 670,615
  • High Value: 827,738
  • Low Value: 513,492

    Market Valuation

  • Market Total Value: $5,551
  • Market Land Value: $179
  • Market Improvement Value: $5,372

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,330
  • Assessed Land Value: $140
  • Assessed Improvements Value: $4,190

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 21, 2016
  • Previous Sale Contract Date: Mar 22, 2016
  • Previous Sale Amount: $331,320
  • Previous Sale Document Type: 12
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 Deer Park

Stats & Trends

Median Asking:

$679,500

Sale Price/ft²

$425

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1721 ft²

Average Home Age

61.9 years

Currently For Sale

41 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 27 Otsego Avenue, Dix Hills, NY, 11746

$2,700 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
27 Otsego Avenue, Dix Hills, NY, 11746 Listing by Barbara Shane
Unit for rent at 57 Pearl Street, Deer Park, NY, 11729

$2,850 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
57 Pearl Street, Deer Park, NY, 11729 Listing by Nicole Schwartz
Unit for rent at 70 Burlington Avenue, Deer Park, NY, 11729

$3,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
70 Burlington Avenue, Deer Park, NY, 11729 Listing by Nicole Loffredo E-PRO

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 55 Prospect Place built and last sold?
The property at 55 Prospect Place was built in 2015 and last sold on Apr 20, 2022 for $615,000.
How much is this home worth?
The estimated value of the home located at 55 Prospect Place is $660,698.
What are some comparable homes to 55 Prospect Place?
There are currently no comparable homes to 55 Prospect Place.
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