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West Babylon 11704 West Babylon
60 Cutter Place
Photo of 60 Cutter Place
Sold on Jan 24, 2023

21

Map

Photo of 60 Cutter Place
Photo of 60 Cutter Place
$699,907
● House - Off Market

60 Cutter Place

Babylon, NY 11704
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,636 Ft²
$740,928
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Immaculate L shaped ranch on WATERFRONT in The Landings. This home requires nothing but you. L-O-W annual flood insurance @ $ 797. Flood Zone X. Countless updates include kitchen 2012, primary bathroom 2017, hall bathroom 2017, pool liner 2022, pool filter 2018, pavers 2014, driveway & belgium block 2018, roof 2005, laundry room w/ appliances 2018 and the list goes on . . . ., Additional information: Appearance:Spotless,Separate Hotwater Heater:N
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$428
Property Type
House
Property Taxes
$1,548
HOA Dues
-
Year Built
1963

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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 #KEYL3436992)

Price History

Date / Event Date Event Price
Apr 3, 2023 Sold
Premium
Sold
Jan 24, 2023 Sold
Premium
Sold
Nov 7, 2022 In contract -
In contract
Oct 13, 2022 Listed by Netter Real Estate Inc $699,907
Listed by Netter Real Estate Inc

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 16,510
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,636
  • Building Area: 1,636
  • 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 FLEETS POINT COLONY SECTION TWO
  • Land Acres: 0000000379
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 3315 SEC 2 LOT 32

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 124401

Zoning

  • Zoning: B

Geography

  • Account Number: 20232920980
  • District: 0100-2
  • Section: 224.00
  • Parcel: 0100-224.00-02.00-047.000
  • Block: 2
  • Lot: 47.000
  • Municipality: BABYLON
  • Latitude: 40.6861
  • Longitude: -73.3392

    Address

  • Full Address: 60 Cutter Pl
  • Address - House Number: 60
  • Address - Street Name: Cutter
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C057
  • 4-Digit Zip Code: 8302
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,857,331
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 683,865
  • High Value: 782,525
  • Low Value: 585,205

    Market Valuation

  • Market Total Value: $8,060
  • Market Land Value: $1,212
  • Market Improvement Value: $6,848

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,320
  • Assessed Land Value: $800
  • Assessed Improvements Value: $4,520

    Sales

  • Current Sale Contract Date: Jan 24, 2023
  • Current Sale Recording Date: Apr 03, 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 West Babylon

Stats & Trends

Median Asking:

$654,900

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1628 ft²

Average Home Age

63.5 years

Currently For Sale

49 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 E Hoffman Avenue, Lindenhurst, NY, 11757

$4,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,612 ft²
75 E Hoffman Avenue #2013, Lindenhurst, NY, 11757 Listing by Michelle Holmes

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 60 Cutter Place built and last sold?
The property at 60 Cutter Place was built in 1963 and last sold on Jan 24, 2023 for $72,000.
How much is this home worth?
The estimated value of the home located at 60 Cutter Place is $0.
What are some comparable homes to 60 Cutter Place?
There are currently no comparable homes to 60 Cutter Place.
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