147 Locust Avenue
About This Property
The beautifully redesigned kitchen, completed in 2025, features quartz countertops, a matching quartz backsplash, a center island, gas cooking, and high-end finishes throughout. Hardwood floors run throughout the home, including the large office, abundant with natural light and a bright, open feel. Full basement provides even more space.
Recent improvements include a new roof with transferable warranty from Power, brand-new central air conditioning and ductless cooling, newer energy-efficient windows, new concrete driveway, new fencing, new Apex deck, and a newly created fire pit area perfect for outdoor enjoyment.
Conveniently located near Babylon Village schools, parks, pools, the LIRR station, shops, restaurants, and all the amenities that make village living so desirable!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 9, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Listed by Vintage American Realty LLC | $899,000 | |
| Listed by Vintage American Realty LLC | |||
| Apr 11, 2018 | Sold | ||
| Sold | |||
| Jan 6, 2018 | Listed by Vintage American Realty LLC | $568,888 | |
| Listed by Vintage American Realty LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017