41 Babylon Street
About This Property
This beautifully updated home features an open-concept layout with wood floors and a cozy wood-burning fireplace in the living room. The bright open eat-in kitchen has granite countertops, Stainless steel appliances, large pantry with L-shaped peninsula for seating, perfect for entertaining. Formal Dining Room. Upstairs has 3 bedrooms with a full bathroom. New flooring in bedrooms. Full basement includes washer dryer hookup, utilities, and convenient outdoor access. Extra large 6 car driveway. Great backyard with deck. New fence. Backyard access for boat/camper storage. Low Taxes!! Just a short walk to the Forge River Marina! A must-see gem!
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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 |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Price Decreased |
$529,999
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by Signature Premier Properties | $549,999 | |
| Listed by Signature Premier Properties | |||
| May 15, 2025 | Delisted | - | |
| Delisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017