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North Babylon 11703 North Babylon
73 Pace Drive
$455,000
● House - Off Market

73 Pace Drive

North Babylon, NY 11703
bedrooms
4 Beds
bathrooms
2 Baths
$491,417
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Spacious Expanded Cape Featuring 4 Bedrooms, 2 Full Baths, Full Basement & Garage. Updated Natural Gas Heat & Tankless Hot Water Heater, Hardwood Floors on Ground Floor & 2 Large  Bedrooms on 2nd with Great Water Views.  Secluded, Nature Lovers Backyard with Lush Plants and Wildlife, Large Pond  for Summer Kayaking or Canoeing and Winter Ice Skating. With Minor TLC this can be Your Dream Home, Don't Miss It, Priced to Sell Quick!!!!
Unit Size
-
Days on Market
168 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$852
HOA Dues
-
Year Built
1952

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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: 3 years ago (OneKey MLS #ONE3275321)

Price History

Date / Event Date Event Price
Jan 13, 2021 In contract -
In contract
Dec 17, 2020 Listed by Coldwell Banker American Homes $419,999
Listed by Coldwell Banker American Homes
Aug 3, 1998 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 9,800
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1895 LOT 49

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 123102

Zoning

  • Zoning: C

Geography

  • Account Number: 20232217690
  • District: 0100-1
  • Section: 153.00
  • Parcel: 0100-153.00-03.00-083.000
  • Block: 3
  • Lot: 83.000
  • Municipality: BABYLON
  • Latitude: 40.7198
  • Longitude: -73.3152

    Address

  • Full Address: 73 Pace Dr
  • Address - House Number: 73
  • Address - Street Name: Pace
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: North Babylon
  • Carrier Code: C014
  • 4-Digit Zip Code: 5316
  • Zip Code: 11703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,724
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 583,103
  • High Value: 715,278
  • Low Value: 450,928

    Market Valuation

  • Market Total Value: $4,864
  • Market Land Value: $750
  • Market Improvement Value: $4,114

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,210
  • Assessed Land Value: $495
  • Assessed Improvements Value: $2,715

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 03, 1998
  • Previous Sale Contract Date: Jul 17, 1998
  • Previous Sale Amount: $148,000
  • Previous 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 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 73 Pace Drive built and last sold?
The property at 73 Pace Drive was built in 1952 and last sold on May 10, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 73 Pace Drive is $0.
What are some comparable homes to 73 Pace Drive?
There are currently no comparable homes to 73 Pace Drive.
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