43 Tappan Avenue
About This Property
The finished basement adds additional living space. Additional features include oil heat, an oil tank in the basement, 200-amp electric service, and a front-loading washer and dryer that are approximately six years old. Pull-down attic stairs provide access to ample additional storage.
Outside, enjoy a large deck, paved patio, and a freeform in-ground pool. Great mid-block location. Close to the LIRR, shopping, and the great restaurants of Babylon Village.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 5, 2026 | Sold | ||
| Sold | |||
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Aug 16, 2026 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by Your Home Sold Guaranteed Rlty | $599,000 | |
| Listed by Your Home Sold Guaranteed Rlty | |||
| Aug 29, 2000 | Sold | ||
| Sold | |||
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About Babylon
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Data Source: OneKey MLS
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