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Lindenhurst 11757 Lindenhurst
8 Newark Street
$415,000
● House - Off Market

8 Newark Street

Babylon, NY 11757
bedrooms
4 Beds
bathrooms
3 Baths
$607,463
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Large colonial in the heart of Lindenhurst. Very spacious bedrooms with master suite on the second floor. Close to major highways and LIRR. Recent updates to the kitchen, roof and siding.Accessible heated garage from inside the house., Additional information: Appearance:Excellent,Business Located At:,Rental Income:
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,188
HOA Dues
-
Year Built
1952

Payment Calculator

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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 #KEYL3171103)

Price History

Date / Event Date Event Price
Mar 30, 2020 Sold
Premium
Sold
Nov 19, 2019 Sold
Premium
Sold
Nov 6, 2019 In contract -
In contract
Oct 8, 2019 Listed by True Homes Inc $415,000
Listed by True Homes Inc
Jun 22, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,946
  • Building Area: 1,946
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,946
  • 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

Neighborhood

  • School District Name: Lindenhurst Union Free School District
  • School Tax School District: LINDENHURST
  • Census Tract: 124001

Geography

  • Account Number: 20230506711
  • District: 0103-0
  • Section: 2.00
  • Parcel: 0103-002.00-03.00-038.003
  • Block: 3
  • Lot: 38.003
  • Municipality: BABYLON
  • Latitude: 40.6958
  • Longitude: -73.3798

    Address

  • Full Address: 8 Newark St
  • Address - House Number: 8
  • Address - Street Name: Newark
  • Address - Suffix Type: St
  • State: NY
  • City Name: Lindenhurst
  • Carrier Code: C032
  • 4-Digit Zip Code: 2821
  • Zip Code: 11757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,379,760
  • Tax Rate Code Area: 472004

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 599,894
  • High Value: 743,026
  • Low Value: 456,761

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $23,148
  • Market Improvement Value: $326,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,780
  • Assessed Land Value: $250
  • Assessed Improvements Value: $3,530

    Sales

  • Current Sale Contract Date: Feb 13, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 22, 2015
  • Previous Sale Contract Date: May 27, 2015
  • Previous Sale Amount: $349,500
  • Previous 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

$430

Below Asking

0.01%

Average Days on Market

92

Average Home Size

1673 ft²

Average Home Age

66.6 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

Unit for rent at 75 E Hoffman Avenue, Lindenhurst, NY, 11757

$3,725 /mo

  • 1 Bed
  • 2 Baths
  • 1,224 ft²
75 E Hoffman Avenue #3021, Lindenhurst, NY, 11757 Listing by Michelle Holmes
Unit for rent at 25 Young Street, West Babylon, NY, 11704

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,565 ft²
25 Young Street, West Babylon, NY, 11704 Listing by Travis Jackson
Unit for rent at 864 Walnut Street, Lindenhurst, NY, 11757

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
864 Walnut Street, Lindenhurst, NY, 11757 Listing by Emily Kirincic

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 8 Newark Street built and last sold?
The property at 8 Newark Street was built in 1952 and last sold on Feb 13, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 8 Newark Street is $419,150.
What are some comparable homes to 8 Newark Street?
There are currently no comparable homes to 8 Newark Street.
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