NOT LISTED FOR SALE

24 Oak St Babylon, NY 11702

Gilgo-Oak Beach-Captree Neighborhood

Estimated Value: $367,000 - $567,000

3 Beds
1 Bath
1,000 Sq Ft
$460/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $227,500 $228 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,862/month

43 Days on Market

Highlights

  • Docks
  • Panoramic View
  • Waterfront
  • Babylon Memorial Grade School Rated A-
  • Gated Community
  • 0.58 Acre Lot

About This Home

As of April 2022

A classic Great South Bay Cottage ready for your family to renovate and enjoy the unique island lifestyle! Oak Island is a true island, completely surrounded by water and only accessible by boat. A beautiful place for summer fun on the Great South Bay. Cottage definitely needs some sprucing up, but it's a great opportunity to secure your spot in this "Brigadoon". There is no electricity or other utilities on the island.Not eligible for traditional financing.

Last Agent to Sell the Property

Lisbeth English

Netter Real Estate Inc License #30EN0550373 Listed on: 09/22/2021

Co-Listed By

Andrew Netter

Netter Real Estate Inc License #10301222143

Last Buyer's Agent

Matthew Arnold

Netter Real Estate Inc License #30AR0868381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,143

Year Built

  • Built in 1914

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 50x507
  • Waterfront
  • South Facing Home

Property Views

  • Panoramic
  • Bridge

Home Design

  • Cottage
  • Frame Construction
  • Shake Siding
  • Cedar

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • No Attic
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Babylon Elementary School
  • Babylon Junior-Senior High Middle School
  • Babylon Junior-Senior High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Propane
  • Sewer Not Available

Additional Features

  • Docks
  • Borders State Land

Listing and Financial Details

  • Legal Lot and Block 24 / 1
  • Assessor Parcel Number 0100-238-00-01-00-026-000

Community Details

Overview

  • Oak Island Community
  • Oak Island Subdivision

Recreation

  • Powered Boats Allowed

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,143

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage
  • Property SubType: Single Family Residence
  • Property Condition: Rustic
  • Levels: Two
  • Subdivision Name: Oak Island
  • Development Name: Oak Island
  • Year Built: 1914
  • New Construction: No
  • Attribution Contact: 631-661-5100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: 1st Floor Bedrm
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Refrigerator, Solar Panels Owned
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1000.00
  • Kitchens: 1
  • Square Footage: 1000.00

Exterior Features

  • Direction Faces: South
  • Construction Materials: Frame, Cedar, Shake Siding
  • Flood Zone Report: No
  • Frontage Length: 50
  • Waterfront Features: Waterfront
  • View: Bridge(s), Panoramic, Other
  • Exterior Features: Dock
  • Waterfront: Yes
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Common, Parking Lot, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Propane, Other
  • Hot Water: None
  • Heating Zones: 1
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Amenities: Gated, Powered Boats Allowed
  • Senior Community: No

Association/Amenities

  • Community Features: Gated

Schools

  • Middle School: Babylon Junior-Senior High School

Lot Info

  • Lot Size Acres: 0.5800
  • Lot Dimensions: 50x507
  • Lot Size Sq Ft: 25350.00
  • Lot Size Units: Acres
  • Lot Features: Borders State Land
  • Parcel Number: 0100-238-00-01-00-026-000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-04-20
  • Tax Annual Amount: 5142.56
  • Tax Block: 1
  • Tax Lot: 24
  • Tax Map Number: 0100-238-00-01-00-026-000

MLS Schools

  • Elementary School: Babylon Elementary School, Babylon Memorial Grade School
  • High School: Babylon Junior-Senior High School
  • Middle School District: Babylon

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $227,500 -9.0% $228 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $249,880 -- $250 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,405 $1,620 $250 $1,370
2023 $5,405 $1,620 $250 $1,370
2022 $4,716 $1,620 $250 $1,370
2021 $4,716 $1,620 $250 $1,370
2020 $5,006 $1,620 $250 $1,370
2019 $5,006 $0 $0 $0
2018 -- $1,620 $250 $1,370
2017 $4,860 $1,620 $250 $1,370
2016 $4,770 $1,620 $250 $1,370
2015 -- $1,620 $250 $1,370
2014 -- $1,620 $250 $1,370
Source: Public Records

Agents Affiliated with this Home

  • Lisbeth English

    Seller's Agent in 2022

    Lisbeth English

    Netter Real Estate Inc

    (631) 922-4822

    1 in this area

    18 Total Sales

    Lisbeth English
    Section Image
  • Andrew Netter

    Seller Co-Listing Agent in 2022

    Andrew Netter

    Netter Real Estate Inc

    (631) 661-5100

    3 in this area

    30 Total Sales

    Andrew Netter
    Section Image
  • Matthew Arnold

    Buyer's Agent in 2022

    Matthew Arnold

    Netter Real Estate Inc

    (631) 478-9440

    3 in this area

    205 Total Sales

    Matthew Arnold
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3347372

OneKey® MLS

APN: 0100-238-00-01-00-026-000

New York Suffolk County Babylon 11702 Gilgo-Oak Beach-Captree

24 Oak St, Babylon, NY

Not Listed for Sale

Detached

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