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North Babylon 11703 North Babylon
60 Magro Drive
$626,500
● House - Off Market

60 Magro Drive

Babylon, NY 11703
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,448 Ft²
$3,946
Est. Monthly

About This Property

Welcome Home!!!  This 1448 Interior Square Foot Farm Ranch Located In The Desirable North Babylon S.D. With A Legal Apartment By Permit To Help With Expenses Makes This Home Very Nice!!!   First Floor Includes A Primary Suite With Two Other Bedrooms,Full Bathroom,Dining Room,Eat-In-Kitchen, Laundry Chute, And Living Room,Second Floor With It"s Own Entrance Is A Full One Bedroom Apartment Very Efficient , Full Basement Partially Finished With Utilities And Area To Spend Time In!!!  Nice Sized Yard For Entertaing!!  Close To Shops,Beaches,Parks,LIRR,Schools, And So Much More!!!  Come Make This House Your Home!!!:-):-), Additional information: Appearance:Mint+,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
1,448 Ft²
Days on Market
98 days
Land Size
0.17 acres
Price per sqft
$414
Property Type
House
Property Taxes
$1,003
HOA Dues
-
Year Built
1953

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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 #KEYL3551701)

Price History

Date / Event Date Event Price
Sep 4, 2024 Sold
Premium
Sold
Jun 26, 2024 In contract -
In contract
May 29, 2024 Listed by Exit Realty All Pro $599,316
Listed by Exit Realty All Pro
Welcome Home!!! This 1448 Interior Square Foot Farm Ranch Located In The Desirable North Babylon S.D. With A Legal Apartment By Permit To Help With Expenses Makes This Home Very Nice!!! First Floor Includes A Primary Suite With Two Other Bedrooms,Full Bathroom,Dining Room,Eat-In-Kitchen, Laundry Chute, And Living Room,Second Floor With It"s Own Entrance Is A Full One Bedroom Apartment Very Efficient , Full Basement Partially Finished With Utilities And Area To Spend Time In!!! Nice Sized Yard For Entertaing!! Close To Shops,Beaches,Parks,LIRR,Schools, And So Much More!!! Come Make This House Your Home!!!:-):-)
May 15, 2024 Listed by Exit Realty All Pro $599,316
Listed by Exit Realty All Pro
Sep 4, 2001 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,448
  • Building Area: 1,448
  • 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: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1953 LOT 16

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • Account Number: 20232204360
  • District: 0100-1
  • Section: 148.00
  • Parcel: 0100-148.00-02.00-009.000
  • Block: 2
  • Lot: 9.000
  • Municipality: BABYLON
  • Latitude: 40.7295
  • Longitude: -73.3255

    Address

  • Full Address: 60 Magro Dr
  • Address - House Number: 60
  • Address - Street Name: Magro
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C023
  • 4-Digit Zip Code: 3716
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,077,859
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 597,314
  • High Value: 737,575
  • Low Value: 457,054

    Market Valuation

  • Market Total Value: $5,167
  • Market Land Value: $576
  • Market Improvement Value: $4,591

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,410
  • Assessed Land Value: $380
  • Assessed Improvements Value: $3,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2001
  • Current Sale Recording Date: Sep 04, 2001
  • Current Sale Price:
    Premium
  • Current 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 North Babylon

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$414

Below Asking

0.01%

Average Days on Market

91

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 11 Park Avenue, Babylon, NY, 11702

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 134 Ralph Avenue, Babylon, NY, 11702

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,482 ft²
134 Ralph Avenue, Babylon, NY, 11702 Listing by Georgia Westcott
Unit for rent at 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz

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 60 Magro Drive built and last sold?
The property at 60 Magro Drive was built in 1953 and last sold on Aug 22, 2001 for $212,000.
How much is this home worth?
The estimated value of the home located at 60 Magro Drive is $605,309.
What are some comparable homes to 60 Magro Drive?
There are currently no comparable homes to 60 Magro Drive.
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