95 S Bay Drive
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%.
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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.
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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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Price Decreased |
$665,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Mar 23, 2025 | Price Decreased |
$685,000
↓ $30K
(4.2%) | |
| Price Decreased | |||
| Feb 18, 2025 | Listed by Douglas Elliman Real Estate | $715,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to this beautiful waterfront ranch in Babylon, featuring 2 bedrooms and 2 bathrooms. Located in the desirable Frederick Shores Community, the home boasts beautiful hardwood floors throughout, an updated kitchen and bathrooms, a primary bedroom with an ensuite, and convenient home office. This property provides ample storage space and 80 feet of bulkhead, offering plenty of room to fully enjoy the waterfront. Additional features include gas heating, a cozy wood-burning fireplace, in-ground sprinklers, a deck perfect for entertaining, a large new shed, and a fenced-in yard for added privacy and security. Located just minutes from Babylon Village, this home offers easy access to local shops and restaurants, adding even more convenience to its fantastic waterfront setting. Access to exclusive Frederick Shores Beach Club, known to residents as a true "golden jewel" of the community. It serves as a gathering place for Frederick Shores residents, offering a space for community events and children's activities. The Beach Club is a stunning bayfront beach with a safe and fun playground, BBQ grills and picnic tables, and a shaded pavilion. The Beach Club offers a variety of beach activities and a lively social calendar for members and their families. It's the ideal spot for both relaxation and socializing. West Babylon Schools! Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017