5 months on rocket

594648 Babylon St, New Orleans, LA, 70126

$335,000

Home List Price

$3,978*

Closing Credit

7 Bedrooms
5 Full Baths
2,697 SqFt
$124/SqFt
Multi

Location

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594648 Babylon St, New Orleans$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingThree or more Spaces
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #2449747
StatusActive

About 594648 Babylon St

Section 8 would pay up to $4,486 for all three units! Welcome to 5946-48 Babylon, featuring a spacious 3-bedroom, 2-bathroom duplex in the front, complemented by a mother-in-law suite nestled in the backyard. This unique property offers a savvy opportunity to live rent-free by renting out one unit while you enjoy the other. The property boasts ample space, natural light, and a versatile layout to suit various lifestyles. A rare find that seamlessly blends comfortable living with investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Stories: 2
  • Living Area: 2,697 SqFt

Listing Office:

  • Office Name: Engel & Voelkers New Orleans
  • Office Phone: (504) 327-5868
  • Listing Agent: Kayne Dwyer
  • Agent Phone: (504) 982-9274

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000
  • Price Per SqFt: $124/SqFt
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

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New Orleans, LA

City

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

594648 Babylon St vs New Orleans

170 DAYS ON ROCKET

+98 Days

$335,000

+$9.6K More

$124/SqFt

-$65 Less

KEY TAKEAWAY

This property is $9.6K more than the Median Sold Price and $65/SqFt less than other homes in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2449747

Listing Office:

  • Office Name: Engel & Voelkers New Orleans
  • Office Phone: (504) 327-5868
  • Listing Agent: Kayne Dwyer
  • Agent Phone: (504) 982-9274

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-472343
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 2.10 miles

  • Public Charter Grades PK-6

school-card-donut-472344
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.45 miles

  • Public Charter Grades PK-4

school-card-donut-472345
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 4.44 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,630. Typical income of New Orleans, LA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In New Orleans, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in New Orleans, LA.

New Orleans offers a vibrant housing market with a tapestry of architectural styles that reflect its rich history, including Creole cottages, Victorian mansions, and shotgun houses. The housing landscape is diverse, with single-family homes nestled alongside multifamily complexes and historic townhouses. The city's homeownership rate is around 47%, with a significant portion of residents opting to rent, indicative of the city's dynamic and transient population.

What is it like to live in New Orleans, LA?

New Orleans is celebrated for its unique cultural heritage, a melting pot of French, African, Spanish, and American influences. The city prides itself on its world-renowned festivals such as Mardi Gras and Jazz Fest, which showcase its vibrant music scene, culinary excellence, and artistic flair. The community's character is further enriched by its bustling street life, historic neighborhoods, and the iconic French Quarter, all contributing to its distinctive ambiance.

Is it easy to get around New Orleans, LA without a car?

The community is served by a robust educational system, including numerous public and private schools, catering to a range of educational needs. Healthcare is supported by several hospitals and clinics offering a spectrum of services from primary care to specialized treatments. Retail and dining options abound, reflecting the local culture with a mix of international cuisines and traditional Creole and Cajun eateries. The city is proactive in enhancing services to meet the evolving needs of its diverse population.

Transportation in New Orleans, LA.

New Orleans' transport infrastructure includes a network of buses and streetcars, with schedules that cater to the city's main corridors. The city is known for its iconic streetcars, which provide a historic mode of transit along key routes. While certain areas boast higher walkability, such as the French Quarter and Downtown, the city is also making strides to improve bikeability with dedicated lanes and bike-sharing programs. Major roads and highways facilitate travel in and out of the city, with ongoing projects aimed at improving traffic flow and accessibility.

Rocket Homes›Louisiana›Orleans County›New Orleans›70126›594648 Babylon St

This home is located at 594648 Babylon St in New Orleans, LA and zip code 70126. This 2,697 square foot home was built in 1960. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $335,000.

New Orleans, LA housing market in October 2024 saw over 20 listings sold above listed price, more than 35 sold at listed price and over 146 sold below. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 72 days, the median list price was $325,365.

From Rocket Homes Real Estate and based on county public records data.

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