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West Babylon 11704 West Babylon
60 Putnam Avenue
$620,000
● House - Off Market

60 Putnam Avenue

Babylon, NY 11704
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$3,867
Est. Monthly
8.67%
Cap Rate

About This Property

Discover a great opportunity in this 4 bedroom high ranch, featuring hard wood flooring. Up stairs has hard woods under the carpet, living room, dining room combo, newer flooring in the kitchen. Primary Bedroom has crown moldings.  Lower level offers plenty of space with family room with sliders out to patio w/spacious yard. Newly updated full bathroom w/shower stall and laundry. Additional storage room with entry into 1 car attached garage. The backyard has fully fenced PVC white fencing and shed.  This home features 200 amp electric service, 4 zone sprinkler system.
Unit Size
1,500 Ft²
Days on Market
90 days
Land Size
0.25 acres
Price per sqft
$383
Property Type
House
Property Taxes
$1,044
HOA Dues
-
Year Built
1964

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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: 6 months ago (OneKey MLS #KEY808876)

Price History

Date / Event Date Event Price
Mar 31, 2025 Sold
Premium
Sold
Feb 9, 2025 In contract -
In contract
Jan 13, 2025 In contract -
In contract
Dec 31, 2024 Listed by Douglas Elliman Real Estate $575,000
Listed by Douglas Elliman Real Estate
Oct 2, 1996 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,783
  • Building Area: 1,783
  • 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 BELMONT PARKWAY ESTATES
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: F.M. 650 LOTS 1328

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 122502

Zoning

  • Zoning: B

Geography

  • Account Number: 20231703910
  • District: 0100-1
  • Section: 106.00
  • Parcel: 0100-106.00-01.00-082.000
  • Block: 1
  • Lot: 82.000
  • Municipality: BABYLON
  • Latitude: 40.7376
  • Longitude: -73.3502

    Address

  • Full Address: 60 Putnam Ave
  • Address - House Number: 60
  • Address - Street Name: Putnam
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C043
  • 4-Digit Zip Code: 1808
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,040,136
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 536,154
  • High Value: 651,315
  • Low Value: 420,993

    Market Valuation

  • Market Total Value: $5,046
  • Market Land Value: $417
  • Market Improvement Value: $4,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,330
  • Assessed Land Value: $275
  • Assessed Improvements Value: $3,055

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 1996
  • Current Sale Recording Date: Oct 02, 1996
  • 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:

$659,999

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1677 ft²

Average Home Age

66.4 years

Currently For Sale

57 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 611 Peconic Avenue, West Babylon, NY, 11704

$5,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,400 ft²
611 Peconic Avenue, West Babylon, NY, 11704 Listing by Rasna Chadha

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 60 Putnam Avenue built and last sold?
The property at 60 Putnam Avenue was built in 1964 and last sold on Sep 11, 1996 for $135,000.
How much is this home worth?
The estimated value of the home located at 60 Putnam Avenue is $586,999.
What are some comparable homes to 60 Putnam Avenue?
There are currently no comparable homes to 60 Putnam Avenue.
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