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North Babylon 11702 North Babylon
7 Lico Place
Photo of 7 Lico Place
Sold on Apr 9, 2026

29

Map

Photo of 7 Lico Place
Photo of 7 Lico Place
$640,000
● House - Off Market

7 Lico Place

Babylon, NY 11702
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,357 Ft²
$4,344
Est. Monthly

About This Property

Pride In Home Ownership Is Evident In This Lovely Ranch On A Private Block With An Extended Lot!!  This 1951 One Story Ranch Has The Charm That Warms Up The House As Soon As You Enter The Front Door.  The Wide Plank Flooring Is A Wonderful Old World Addition To The This Home.  There Is A Formal Living Room, Formal Dining Room, Eat-In-Kitchen, Expansive Den, Master Bedroom And 2nd Bedroom With A Full Bathroom All On The First Level.  There Is Access To The Backyard Off The Den. There Have Been Lots Of Updates In The Kitchen, Electrical, And Bathroom As Well.   The Full Partially Finished Basement Makes For Great Extra Space For Entertaining And Laundry Room And Utilities.  The Backyard Is Nicely Landscape And Is So Tranquil With Lots Of Privacy To Enjoy With  Friends.  Close To LIRR, Shopping, Beaches, Belmont State Park, Babylon Village And So Much More.  This House Is Ready For You To Make It Home.
Unit Size
1,357 Ft²
Days on Market
78 days
Land Size
0.75 acres
Price per sqft
$471
Property Type
House
Property Taxes
$1,205
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 6 months ago (OneKey MLS #KEY944477)

Price History

Date / Event Date Event Price
Apr 9, 2026 Sold
Premium
Sold
Feb 10, 2026 In contract -
In contract
Jan 7, 2026 Listed by Exit Realty All Pro $639,316
Listed by Exit Realty All Pro

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 848 LOTS 34-38 INC.

Neighborhood

  • School District Name: North Babylon Union Free School District
  • School Tax School District: NORTH BABYLON
  • Census Tract: 123101

Zoning

  • Zoning: C

Geography

  • Account Number: 20232311220
  • District: 0100-1
  • Section: 161.00
  • Parcel: 0100-161.00-03.00-049.000
  • Block: 3
  • Lot: 49.000
  • Municipality: BABYLON
  • Latitude: 40.7114
  • Longitude: -73.3238

    Address

  • Full Address: 7 Lico Pl
  • Address - House Number: 7
  • Address - Street Name: Lico
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Babylon
  • Carrier Code: C085
  • 4-Digit Zip Code: 1413
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,238,759
  • Tax Rate Code Area: 472003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 680,357
  • High Value: 826,491
  • Low Value: 534,223

    Market Valuation

  • Market Total Value: $6,121
  • Market Land Value: $833
  • Market Improvement Value: $5,288

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,040
  • Assessed Land Value: $550
  • Assessed Improvements Value: $3,490

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Babylon

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1584 ft²

Average Home Age

65.7 years

Currently For Sale

24 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5 Merman Place, Babylon, NY, 11702

$3,005 /mo

  • 1 Bed
  • 1 Bath
  • 520 ft²
5 Merman Place #5, Babylon, NY, 11702 Listing by Michelle Holmes
Unit for rent at 55 Park Avenue, Babylon, NY, 11702

$3,620 /mo

  • 2 Beds
  • 1 Bath
  • 1,008 ft²
55 Park Avenue #55A, Babylon, NY, 11702 Listing by Michelle Holmes
Unit for rent at 11 Park Avenue, Babylon, NY, 11702

$3,100 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
11 Park Avenue #2A, Babylon, NY, 11702 Listing by Kenneth Hirsch

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Lico Place built and last sold?
The property at 7 Lico Place was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Lico Place is $644,852.
What are some comparable homes to 7 Lico Place?
There are currently no comparable homes to 7 Lico Place.
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