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West Babylon 11704 West Babylon
627 Peconic Avenue
Photo of 627 Peconic Avenue
Sold on Jan 5, 2023

18

Map

Photo of 627 Peconic Avenue
Photo of 627 Peconic Avenue
$585,000
● House - Off Market

627 Peconic Avenue

Babylon, NY 11704
bedrooms
5 Beds
bathrooms
2 Baths
$634,107
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Custom Built Over size Bi Level Colonial with Entry Foyer, Hardwood and Laminated Floors, Updated Kitchen, 5BR, 2 Bath, Great Large Private Yard on Corner Lot Perfect for that Extended Family. Possible MD with Proper Permits. SOLD AS IS..TAXES WITH STAR $11,800, Additional information: Appearance:MINT,Interior Features:Guest Quarters,Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,102
HOA Dues
-
Year Built
1972

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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 #KEYL3418112)

Price History

Date / Event Date Event Price
Jan 5, 2023 Sold
Premium
Sold
Nov 8, 2022 In contract -
In contract
Sep 14, 2022 Price Decreased $599,000
↓ $16K (2.6%)
Price Decreased
Aug 22, 2022 Price Decreased $615,000
↓ $14K (2.2%)
Price Decreased
Jul 21, 2022 Listed by RE/MAX Best $629,000
Listed by RE/MAX Best

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 7,268
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,199
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 183 BLK.45 PTS.OF LTS.1-5 INC .

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 123001

Zoning

  • Zoning: C

Geography

  • Account Number: 20232102200
  • District: 0100-1
  • Section: 140.00
  • Parcel: 0100-140.00-03.00-040.002
  • Block: 3
  • Lot: 40.002
  • Municipality: BABYLON
  • Latitude: 40.7171
  • Longitude: -73.3518

    Address

  • Full Address: 627 Peconic Ave
  • Address - House Number: 627
  • Address - Street Name: Peconic
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C054
  • 4-Digit Zip Code: 5238
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,340,841
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 607,862
  • High Value: 695,557
  • Low Value: 520,167

    Market Valuation

  • Market Total Value: $5,803
  • Market Land Value: $348
  • Market Improvement Value: $5,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,830
  • Assessed Land Value: $230
  • Assessed Improvements Value: $3,600
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:

$657,250

Sale Price/ft²

$437

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1709 ft²

Average Home Age

66.9 years

Currently For Sale

56 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 58 S 25th Street, Wyandanch, NY, 11798

$5,500 /mo

  • 6 Beds
  • 2 Baths
  • 2,100 ft²
58 S 25th Street, Wyandanch, NY, 11798 Listing by Syed R. Ali

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 627 Peconic Avenue built and last sold?
The property at 627 Peconic Avenue was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 627 Peconic Avenue is $0.
What are some comparable homes to 627 Peconic Avenue?
There are currently no comparable homes to 627 Peconic Avenue.
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