16 Stuart Avenue
About This Property
The main level features wide-plank floors, built-in bookcases, a cozy wood-burning fireplace, and a stunning open chef's kitchen with a long center island designed for effortless entertaining. Upstairs, the spacious primary suite serves as a private sanctuary with a walk-in closet and ensuite bath, complemented by two additional guest bedrooms, a dedicated home office and additional full bathroom.
Outside, a canopied stone patio overlooks a peaceful, serene backyard and a high ceiling, detached garage with antique barn doors. Complete with a large unfinished basement for all your storage needs, this property provides all the benefits of a lock-and-leave lifestyle.
Enjoy exclusive resident-only access to the Babylon Village Pool, town beaches & docking privileges, along with local boutiques, dining, and the Babylon LIRR station just moments away for a seamless commute.
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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 |
|---|---|---|---|
| Oct 30, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Price Decreased |
$949,000
↓ $26K
(2.7%) | |
| Price Decreased | |||
| Sep 14, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $975,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017