29 Babylon Turnpike
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, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Listed by Branch Real Estate Group | $629,000 | |
| Listed by Branch Real Estate Group | |||
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Welcome to Merrick! This well kept 2 bedroom/could possibly be 3 Cape Cod Style home, is located in the heart of Merrick! The beautiful wood floors and brick fire place make this home a perfect starter home! The dining room has beautiful built in cabinetry to host some great meals. The kitchen is steps away from a beautiful back sun filled room full of windows. A room which leads to the private, fenced in yard. There is a rear end extension for extra space which could be considered a bedroom, den, whatever your needs might be! Some extra features are gas stove and dryer. Newer replacement windows, Separate Hot Water Heater. Fairly new driveway and sidewalk. Reasonable taxes! You won't want to miss this and I'm sure won't last too long! Pictures to follow!
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| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jun 19, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017