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Babylon 11702 Babylon
55 Tappan Avenue
Photo of 55 Tappan Avenue
Sold on Jun 13, 2025

26

Map

Photo of 55 Tappan Avenue
Photo of 55 Tappan Avenue
$705,000
● House - Off Market

55 Tappan Avenue

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$4,145
Est. Monthly
5.44%
Cap Rate

About This Property

Completely remodeled Ranch Featuring Open Floor Plan, Beautiful Kitchen w/Large Center Island, Wood Floors Throughout the Home. CAC, Gas Heat, 200 Amp Electric, Updated Bathroom, & Many More Updates. Babylon Village Amenities! Elementary School is John F Kennedy.

This Home is Move In Condition, & Decorated to Perfection! A MUST SEE!

Taxes include Village Taxes
Unit Size
1,200 Ft²
Days on Market
98 days
Land Size
-
Price per sqft
$542
Property Type
House
Property Taxes
$953
HOA Dues
-
Year Built
1950

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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 #KEY825839)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
Mar 25, 2025 In contract -
In contract
Mar 16, 2025 In contract -
In contract
Mar 7, 2025 Listed by Signature Premier Properties $650,000
Listed by Signature Premier Properties
Jun 29, 2010 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,202
  • Building Area: 1,202
  • 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: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1756 LOT 251

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 124601

Geography

  • Account Number: 20230317530
  • District: 0102-0
  • Section: 8.00
  • Parcel: 0102-008.00-01.00-089.000
  • Block: 1
  • Lot: 89.000
  • Municipality: BABYLON
  • Latitude: 40.6954
  • Longitude: -73.3405

    Address

  • Full Address: 55 Tappan Ave
  • Address - House Number: 55
  • Address - Street Name: Tappan
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Babylon
  • Carrier Code: C052
  • 4-Digit Zip Code: 2435
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $941,130
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 607,048
  • High Value: 758,429
  • Low Value: 455,667

    Market Valuation

  • Market Total Value: $163,129
  • Market Land Value: $15,084
  • Market Improvement Value: $148,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,920
  • Assessed Land Value: $270
  • Assessed Improvements Value: $2,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2010
  • Current Sale Recording Date: Jun 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Dec 24, 2009
  • Previous Sale Contract Date: Dec 17, 2009
  • Previous Sale Amount: $140,000
  • 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 Babylon

Stats & Trends

Median Asking:

$797,000

Sale Price/ft²

$502

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1852 ft²

Average Home Age

58.4 years

Currently For Sale

17 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 864 Walnut Street, Lindenhurst, NY, 11757

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
864 Walnut Street, Lindenhurst, NY, 11757 Listing by Emily Kirincic
Unit for rent at 305 Nevada Street, North Lindenhurst, NY, 11757

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,782 ft²
305 Nevada Street, North Lindenhurst, NY, 11757 Listing by Janet A. Elliott
Unit for rent at 108 Lee Avenue, Babylon, NY, 11702

$3,900 /mo

  • 3 Beds
  • 1 Bath
  • 2,000 ft²
108 Lee Avenue, Babylon, NY, 11702 Listing by Christopher Cardella

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 55 Tappan Avenue built and last sold?
The property at 55 Tappan Avenue was built in 1950 and last sold on Jun 11, 2010 for $289,000.
How much is this home worth?
The estimated value of the home located at 55 Tappan Avenue is $0.
What are some comparable homes to 55 Tappan Avenue?
There are currently no comparable homes to 55 Tappan Avenue.
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