71 Mayhew Avenue
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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed by Signature Premier Properties | $699,999 | |
| Listed by Signature Premier Properties | |||
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Completely Renovated Expanded Ranch in Frederick Shores, Babylon.This beautifully renovated expanded ranch is located in the highly sought-after Frederick Shores section of Babylon. Featuring a brand-new kitchen with granite countertops and stainless steel appliances, this home also boasts new flooring throughout and a spacious living room with sliding doors leading to a fully fenced backyard—perfect for relaxing or entertaining.Additional highlights include a formal dining room, a master bedroom with a private full bath, and a second full bathroom. The home has been upgraded with new siding, new windows, a new gas heating system, central air conditioning, and an upgraded 200-amp electric panel for modern convenience. A newly installed paver-lined driveway adds to the home’s excellent curb appeal.Located in the West Babylon School District and just minutes from Babylon Village, this home is close to parks, shops, restaurants, and the LIRR. As a bonus, homeowners enjoy access to the private Frederick Shores Beach Club.Move right in and enjoy all the benefits of this fully updated home taxes include village tax total 11,575.19
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| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Price Decreased |
$369,000
↓ $130K
(26.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017