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West Babylon 11704 West Babylon
833 5th Street
Photo of 833 5th Street
Sold on Apr 6, 2023

11

Map

Photo of 833 5th Street
Photo of 833 5th Street
$475,000
● House - Off Market

833 5th Street

Babylon, NY 11704
bedrooms
6 Beds
bathrooms
3 Baths
$483,276
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Calling All Investors Or Anyone Looking For Their Own Space With A Legal Accessory Apartment To Supplement Their Mortgage Payment! 833 5th St Offers 3 Beds And 1 Bath, LR And EIK On The Main Level. There Is Also Access To An Enclosed Breezeway Which Leads To A 2 Car Garage. Upstairs Is a 2 Bed 1 Bath With LR And EIK. Full Basement Provides Tons Of Storage Space, As Well As A Potential 3rd Living Space With OSE! The Possibilities Here Are Endless. Taxes Are Being Grieved With A Potential Reduction Of $2200-$5000., Additional information: Appearance:Good,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,480
HOA Dues
-
Year Built
1956

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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 #KEYL3455541)

Price History

Date / Event Date Event Price
Nov 6, 2023 Sold
Premium
Sold
Jun 28, 2023 Sold
Premium
Sold
Apr 6, 2023 Sold
Premium
Sold
Feb 10, 2023 In contract -
In contract
Jan 30, 2023 Listed by Re/Max Integrity Leaders $475,000
Listed by Re/Max Integrity Leaders
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • 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: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,312
  • Building Area: 2,312
  • 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 EZRA PARK SECTION 5
  • Land Acres: 0000000229
  • Standard Land Use Code: 1101
  • County Land Use Code: 220
  • Legal Description 1: F M 161 SEC 5 BLK 19 LTS 16-20 INC

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 122901

Zoning

  • Zoning: B

Geography

  • Account Number: 20231913930
  • District: 0100-1
  • Section: 132.00
  • Parcel: 0100-132.00-04.00-068.000
  • Block: 4
  • Lot: 68.000
  • Municipality: BABYLON
  • Latitude: 40.7165
  • Longitude: -73.3756

    Address

  • Full Address: 833 5th St
  • Address - House Number: 833
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C040
  • 4-Digit Zip Code: 4505
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,667,370
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 467,513
  • High Value: 535,718
  • Low Value: 399,309

    Market Valuation

  • Market Total Value: $7,515
  • Market Land Value: $515
  • Market Improvement Value: $7,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,960
  • Assessed Land Value: $340
  • Assessed Improvements Value: $4,620

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Nov 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 28, 2023
  • Previous Sale Contract Date: Apr 05, 2023
  • Previous Sale Amount: $475,000
  • 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 West Babylon

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1713 ft²

Average Home Age

65.8 years

Currently For Sale

60 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: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 833 5th Street built and last sold?
The property at 833 5th Street was built in 1956 and last sold on Sep 6, 2023 for $551,000.
How much is this home worth?
The estimated value of the home located at 833 5th Street is $0.
What are some comparable homes to 833 5th Street?
There are currently no comparable homes to 833 5th Street.
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