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297 Catskill Avenue
About This Property
The main level features a functional layout with good natural light and comfortable everyday living space. A full basement with a private entrance provides extra space that can be used for storage, recreation, or a separate living area.
This home is ideally positioned near local parks, community amenities, and the lively dining and shopping options found throughout Lindenhurst Village. With nearby access to beautiful South Shore beaches and all the conveniences the Town of Babylon has to offer, the location brings together comfort and lifestyle. Don't miss this opportunity.
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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 18, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Relisted | $575,000 | |
| Relisted | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Listed by Signature Premier Properties | $649,000 | |
| Listed by Signature Premier Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017