161 Peconic Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 1, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2024 | In contract | - | |
| In contract | |||
| Dec 26, 2023 | Listed by Realty Connect USA L I Inc | $489,900 | |
| Listed by Realty Connect USA L I Inc | |||
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Welcome to 161 Peconic Avenue, West Babylon, NY! This great property is perfectly located and comes at a great price. With 4 bedrooms and 3 full bathrooms, along with a large kitchen and spacious rooms, this house has the potential to become your dream home. Come to see what needs to be done to unlock its full potential. The house is located close to the majestic Belmont Park, major highways, exciting activities, exquisite dining, and much more on Main Street in Babylon. A true definition of Golden Opportunity!
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| Jul 9, 2007 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017