132 Babylon Turnpike
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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 |
|---|---|---|---|
| Feb 2, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $449,000 | |
| Listed | |||
| | |||
|
Best 6 Bedroom Value In Merrick School District! House Needs Tlc As Its Been A Rental, But It Has Large Amounts Of Space For A Big Family To Take It Over & Make It Their Own. Close To Shopping, Schools, & Lirr Train Station. 10 Minutes To Ocean Beaches By Car. Large Lot With Plenty Of Off Street Parking.
| |||
| Nov 21, 2016 | Listed by Douglas Elliman Real Estate | $399,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017