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Lindenhurst 11757 Lindenhurst
624 Madison Avenue
$338,000
● House - Off Market

624 Madison Avenue

Babylon, NY 11757
bedrooms
4 Beds
bathrooms
2 Baths
$530,526
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Beautiful South Of Montauk Cape. Gorgeous Eat-In-Kitchen /Stainless Steel Appliances, Cherry Cabinets & Silestone Counter. Newer Heating System, Hw Heater, Upgraded Electric, Hardwood Floors. New Roof With Transferable Wrranty., Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
1941

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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 #KEYL3017031)

Price History

Date / Event Date Event Price
Jun 21, 2018 Sold
Premium
Sold
Apr 3, 2018 Listed by Coldwell Banker M&D Good Life $349,990
Listed by Coldwell Banker M&D Good Life
Oct 19, 2010 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,271
  • Building Area: 1,271
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,271
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 418 LOTS 120 & 121

Neighborhood

  • School District Name: Lindenhurst Union Free School District
  • School Tax School District: LINDENHURST
  • Census Tract: 124200

Geography

  • Account Number: 20230816540
  • District: 0103-0
  • Section: 22.00
  • Parcel: 0103-022.00-02.00-076.001
  • Block: 2
  • Lot: 76.001
  • Municipality: BABYLON
  • Latitude: 40.6782
  • Longitude: -73.3617

    Address

  • Full Address: 624 Madison Ave
  • Address - House Number: 624
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lindenhurst
  • Carrier Code: C035
  • 4-Digit Zip Code: 5837
  • Zip Code: 11757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $923,376
  • Tax Rate Code Area: 472004

    Appraisal Valuation

  • Standard Deviation: 0.2482
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 542,502
  • High Value: 677,168
  • Low Value: 407,836

    Market Valuation

  • Market Total Value: $232,408
  • Market Land Value: $18,519
  • Market Improvement Value: $213,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,510
  • Assessed Land Value: $200
  • Assessed Improvements Value: $2,310

    Sales

  • Current Sale Contract Date: Sep 28, 2010
  • Current Sale Recording Date: Oct 19, 2010
  • 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 Lindenhurst

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$427

Below Asking

0.02%

Average Days on Market

92

Average Home Size

1649 ft²

Average Home Age

67.4 years

Currently For Sale

38 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

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 624 Madison Avenue built and last sold?
The property at 624 Madison Avenue was built in 1941 and last sold on Sep 28, 2010 for $341,500.
How much is this home worth?
The estimated value of the home located at 624 Madison Avenue is $0.
What are some comparable homes to 624 Madison Avenue?
There are currently no comparable homes to 624 Madison Avenue.
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