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Babylon 11702 Babylon
605 Morrison Street
$345,000
● House - Off Market

605 Morrison Street

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$620,666
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Nice Split On Private Dead End Street Leading To Park..Babylon Village Schools.New Roof,Freshly Stained .New Carpet, Freshy Painted.Cathedral Ceilings In Lr And Dr,Rear Family Room Extension.New Appliances.New Garage Door.* Rooms 3 Br 1.5 Bath 1 Car Detached Garage., Additional information: Appearance:Excell Aaa
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,042
HOA Dues
-
Year Built
1955

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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 #KEYL2768874)

Price History

Date / Event Date Event Price
Jan 8, 2016 Sold
Premium
Sold
Oct 27, 2015 Sold
Premium
Sold
Jun 2, 2015 Listed by RE/MAX Best $349,900
Listed by RE/MAX Best
Feb 3, 2015 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 5,600
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,706
  • Building Area: 1,706
  • 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 OF KIRBY PARK
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: F.M. 2293 SEE BAB T.M.2-75-45 N.E. PT LOT 43

Neighborhood

  • School District Name: Babylon Union Free School District
  • School Tax School District: BABYLON
  • Census Tract: 123002

Zoning

  • Zoning: B

Geography

  • Account Number: 20232300020
  • District: 0100-1
  • Section: 160.00
  • Parcel: 0100-160.00-02.00-003.000
  • Block: 2
  • Lot: 3.000
  • Municipality: BABYLON
  • Latitude: 40.712
  • Longitude: -73.3345

    Address

  • Full Address: 605 Morrison St
  • Address - House Number: 605
  • Address - Street Name: Morrison
  • Address - Suffix Type: St
  • State: NY
  • City Name: Babylon
  • Carrier Code: C029
  • 4-Digit Zip Code: 1107
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,419,820
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.269
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 625,549
  • High Value: 793,856
  • Low Value: 457,242

    Market Valuation

  • Market Total Value: $6,197
  • Market Land Value: $500
  • Market Improvement Value: $5,697

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,090
  • Assessed Land Value: $330
  • Assessed Improvements Value: $3,760

    Sales

  • Current Sale Contract Date: Oct 21, 2015
  • Current Sale Recording Date: Jan 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Feb 03, 2015
  • Previous Sale Contract Date: Oct 27, 2014
  • Previous Sale Amount: $190,062
  • Previous Sale Document Type: 34

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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:

$795,000

Sale Price/ft²

$506

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1959 ft²

Average Home Age

66.9 years

Currently For Sale

19 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 208 Ashley Court Avenue, North Babylon, NY, 11703

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
208 Ashley Court Avenue, North Babylon, NY, 11703 Listing by Jacqueline T. Cardarelli
Unit for rent at 305 Nevada Street, North Lindenhurst, NY, 11757

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,782 ft²
305 Nevada Street, North Lindenhurst, NY, 11757 Listing by Janet A. Elliott
Unit for rent at 17 Fordham Road, West Babylon, NY, 11704

$3,650 /mo

  • 3 Beds
  • 1 Bath
  • 2,218 ft²
17 Fordham Road, West Babylon, NY, 11704 Listing by Mitin Luthra

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 605 Morrison Street built and last sold?
The property at 605 Morrison Street was built in 1955 and last sold on Oct 21, 2015 for $345,000.
How much is this home worth?
The estimated value of the home located at 605 Morrison Street is $0.
What are some comparable homes to 605 Morrison Street?
There are currently no comparable homes to 605 Morrison Street.
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