6 months on rocket

Locust Ave, Babylon, NY, 11702

$1,199,000

0.22 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #3549914
Lot Size0.22 Acres
StatusActive
(A)

About Locust Ave

Business/ Prime Real Estate Opportunity to build apartment or stores. A rare find in the heart of Babylon Village. Community Parking Lot Business, established over 30 years. Paved lot with 30 spaces located next to Babylon train station. $3000 a month currently in revenue, potential to $5,000. Rates have not been raised in a decade. In addition to the business, the land can be used to build apartments & stores. Appraised at $1,045,000

Property Details

Property Features

Listing Office:

  • Office Name: Howard Hanna Coach
  • Office Phone: (631) 581-7979

Lot Features

Lot Information:

  • Lot: Cleared, Paved, Level
  • Lot Size: 0.22 Acres

Other

Directions Information:

  • Directions: Deer Park Ave to Park Ave, to Friendly to Locust

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
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Housing Market Comparison

See how this home compares to others in Babylon, NY.

Med. Sold Price

$707.5K

Med. Price/SqFt

$383

Avg. Days On Market

48

# of Sold Homes

13

Locust Ave vs Babylon

194 DAYS ON ROCKET

+146 Days

$1,199,000

+$491.5K More

KEY TAKEAWAY

This property is $491.5K more than the Median Sold Price in Babylon, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3549914

Listing Office:

  • Office Name: Howard Hanna Coach
  • Office Phone: (631) 581-7979

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/17/2024, 10:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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-594211
5
/10
  • Babylon Memorial Grade School

  • 169 Park Ave

  • 0.49 miles

  • Public District Grades 3-6

school-card-donut-594212
6
/10
  • South Bay School

  • 160 Great East Neck Rd

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-594213
5
/10
  • John F Kennedy School

  • 175 Brookvale Ave

  • 0.78 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,702. Residents of Babylon, NY typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Locust Ave

What is the listing price of this property?

The listing price of Locust Ave property is $1,199,000.

What type of property is this?

The property Locust Ave is land located in Babylon, New York, 11702.

Is this property for sale now?

Active Listing: Locust Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property Locust Ave is 0.22 acres.
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Rocket HomesNew YorkSuffolk CountyBabylon11702Locust Ave

This home is located at Locust Ave in Babylon, NY and zip code 11702 in the Town of Babylon neighborhood. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $1,199,000.

Babylon, NY housing market in October 2024 saw over 6 listings sold above listed price, more than 0 sold at listed price and over 7 sold below. The number of homes for sale in Babylon, NY increased by 9.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $707,500, while the average time on the real estate market was 48 days.

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

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