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Babylon 11702 Babylon
87 E Shore Drive
Photo of 87 E Shore Drive
Sold on Apr 3, 2026

47

Map

Photo of 87 E Shore Drive
Photo of 87 E Shore Drive
$807,000
● House - Off Market

87 E Shore Drive

Babylon, NY 11702
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,729 Ft²
$5,369
Est. Monthly
3.84%
Cap Rate

About This Property

"Bayfront Living in Fred Shores"

Tucked away in the desirable Fred Shores community, this 3-bedroom, 2-bath bayfront home offers unmatched coastal living. A private pier stretches into the bay, perfect for boating, fishing, or simply enjoying the peace and quiet. Upstairs, a second-story balcony delivers sweeping views all the way to Fire Island.  The perfect place to enjoy a morning cup of coffee or an evening glass of wine.

Just up the block, enjoy access to the Private Frederick Shores Beach Club and the Long Island Yacht Club - making this not just a home, but a lifestyle.
Unit Size
1,729 Ft²
Days on Market
284 days
Land Size
0.10 acres
Price per sqft
$479
Property Type
House
Property Taxes
$1,298
HOA Dues
-
Year Built
1950

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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: 8 months ago (OneKey MLS #KEY877290)

Price History

Date / Event Date Event Price
Apr 3, 2026 Sold
Premium
Sold
Dec 11, 2025 In contract -
In contract
Sep 9, 2025 Relisted $829,000
Relisted
Sep 5, 2025 In contract -
In contract
Jul 30, 2025 Relisted $829,000
Relisted
Show More

Property Highlights

Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 4,400
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,729
  • Building Area: 1,729
  • 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
  • Subdivision: MAP FREDIERCK SHORES ON GREAT SOUTH BAY
  • Land Acres: 0000000101
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 648 LOTS 765 & 766

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 124601

Geography

  • Account Number: 20230423090
  • District: 0102-0
  • Section: 20.00
  • Parcel: 0102-020.00-03.00-034.000
  • Block: 3
  • Lot: 34.000
  • Municipality: BABYLON
  • Latitude: 40.6778
  • Longitude: -73.3322

    Address

  • Full Address: 87 E Shore Dr
  • Address - House Number: 87
  • Street Direction: E
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Babylon
  • Carrier Code: C027
  • 4-Digit Zip Code: 4223
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,317,262
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 751,024
  • High Value: 859,373
  • Low Value: 642,676

    Market Valuation

  • Market Total Value: $233,520
  • Market Land Value: $32,961
  • Market Improvement Value: $200,559

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,180
  • Assessed Land Value: $590
  • Assessed Improvements Value: $3,590

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2001
  • Current Sale Recording Date: Sep 10, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Previous Sale Recording Date: Jan 05, 1996
  • Previous Sale Contract Date: Nov 27, 1995
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: 51
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 Babylon

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$505

Below Asking

0.02%

Average Days on Market

87

Average Home Size

1934 ft²

Average Home Age

69 years

Currently For Sale

19 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 305 Nevada Street, North Lindenhurst, NY, 11757

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,782 ft²
305 Nevada Street, North Lindenhurst, NY, 11757 Listing by Janet A. Elliott
Unit for rent at 586 Little East Neck Road, West Babylon, NY, 11704

$3,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,260 ft²
586 Little East Neck Road, West Babylon, NY, 11704 Listing by Gary J. Dolce
Unit for rent at 100 Friendly Court, Babylon, NY, 11704

$3,365 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
100 Friendly Court #FC56, Babylon, NY, 11704 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 8 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 87 East Shore Drive built and last sold?
The property at 87 East Shore Drive was built in 1950 and last sold on Aug 24, 2001 for $61,875.
How much is this home worth?
The estimated value of the home located at 87 East Shore Drive is $840,973.
What are some comparable homes to 87 East Shore Drive?
There are currently no comparable homes to 87 East Shore Drive.
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