11 Nereid Place
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Price Decreased |
$715,000
↓ $35K
(4.7%) | |
| Price Decreased | |||
| Aug 26, 2025 | Listed by Eric G Ramsay Jr Assoc LLC | $749,999 | |
| Listed by Eric G Ramsay Jr Assoc LLC | |||
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Welcome to your boater’s dream home! This beautiful Babylon Colonial sits right on the canal and offers breathtaking views of the Great South Bay. Featuring three bedrooms and two and a half baths completely renovated, just move in and enjoy. Located just 10 minutes from Babylon LIRR train station with easy access to commute to NYC. Inside, you’ll love the open layout with hardwood floors throughout, a bright eat-in kitchen with granite counters and stainless steel appliances, and a spacious great room overlooking the water—perfect for gatherings with family and friends. Your master bedroom features a large walk-in closet as well as a master bathroom with laundry conveniently located upstairs. Step out to your deck and soak in the views, or take your boat out for a sunset cruise. Living here also means enjoying all the wonderful Babylon Village amenities—beaches, parks, shopping, and great restaurants.
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| Oct 12, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017