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Babylon 11702 Babylon
96 Peninsula Drive
$710,000
● House - Off Market

96 Peninsula Drive

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
4 Baths
$1,134,550
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Sprawling Farm Ranch On 125X200 Foot Lot On Foster Creek, Open Floor Plan With Large Enclosed Rear Porch And A Great Room With Indoor Pool And Pool Table, 2 New Heating Systems ( 1 Radiant, 1 Forced Ha) Restore To Former Glory Or Remodel To Taste! Great Opportunity., Additional information: Appearance:Avg,Separate Hotwater Heater:Ss
Unit Size
-
Days on Market
-
Land Size
0.69 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,821
HOA Dues
-
Year Built
1953

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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: 4 months ago (OneKey MLS #KEYL2985688)

Price History

Date / Event Date Event Price
Sep 24, 2018 Sold
Premium
Sold
Aug 10, 2018 No longer available -
No longer available
Jun 8, 2018 Listed $750,000
Listed
Sprawling Farm Ranch On 125X200 Foot Lot On Foster Creek, Open Floor Plan With Large Enclosed Rear Porch And A Great Room With Indoor Pool And Pool Table, 2 New Heating Systems ( 1 Radiant, 1 Forced Ha) Restore To Former Glory Or Remodel To Taste! Great Opportunity.
Nov 14, 2017 Listed by Ed Ryan Real Estate Group $750,000
Listed by Ed Ryan Real Estate Group

Property Highlights

Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 30,125
  • Lot Size Depth Feet: 2,410
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,249
  • Building Area: 3,249
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,249
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000691
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1632 LOTS 128, N .25'127 S. 25'129

Neighborhood

  • School District Name: Babylon Union Free School District
  • School Tax School District: BABYLON
  • Census Tract: 124602

Geography

  • Account Number: 20230407050
  • District: 0102-0
  • Section: 15.00
  • Parcel: 0102-015.00-03.00-001.000
  • Block: 3
  • Lot: 1.000
  • Municipality: BABYLON
  • Latitude: 40.6902
  • Longitude: -73.33

    Address

  • Full Address: 96 Peninsula Dr
  • Address - House Number: 96
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Babylon
  • Carrier Code: C004
  • 4-Digit Zip Code: 3316
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,785,810
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,038,929
  • High Value: 1,288,264
  • Low Value: 789,594

    Market Valuation

  • Market Total Value: $430,727
  • Market Land Value: $100,559
  • Market Improvement Value: $330,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,710
  • Assessed Land Value: $1,800
  • Assessed Improvements Value: $5,910

    Sales

  • Current Sale Contract Date: Aug 27, 2018
  • Current Sale Recording Date: Sep 24, 2018
  • Current Sale Price:
    Premium
  • Current 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 Babylon

Stats & Trends

Median Asking:

$794,000

Sale Price/ft²

$503

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1795 ft²

Average Home Age

65.3 years

Currently For Sale

19 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 3 Deeringwood Lane, Babylon, NY, 11702

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,180 ft²
3 Deeringwood Lane, Babylon, NY, 11702 Listing by Erika Vaughan
Unit for rent at 227 N Railroad Avenue, Babylon, NY, 11702

$5,000 /mo

  • 4 Beds
  • 3 Baths
  • 1,312 ft²
227 N Railroad Avenue, Babylon, NY, 11702 Listing by Gina Arena

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 96 Peninsula Drive built and last sold?
The property at 96 Peninsula Drive was built in 1953 and last sold on Aug 27, 2018 for $710,000.
How much is this home worth?
The estimated value of the home located at 96 Peninsula Drive is $757,500.
What are some comparable homes to 96 Peninsula Drive?
There are currently no comparable homes to 96 Peninsula Drive.
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