Real Estate Investing in Babylon, New York (11702)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11702 (Babylon, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Babylon, NY (11702)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11702 Babylon
Not every below-median market is a bargain. Babylon's 11702 ZIP reports signals that favor experienced operators who can absorb the risk $735K pricing implies.
For an experienced owner, 11702 can be a a credible choice for hunting ground — but the discount at $735K reflects genuine risk that outside investors often underestimate.
The gap between 11702 and stronger Babylon ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 11702 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 11702 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Babylon:
Property Strategy for 11702
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $598,530 | $2,940 | 3.5% | +6.5% | $299,265 |
| 3BR | $727,708 | $3,810 | 3.8% | +7.9% | $242,569 |
| 4BR | $822,145 | $4,030 | 3.5% | +7.6% | $205,536 |
| 5BR | $971,925 | — | — | +7.4% | $194,385 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11702 Compare?
| Metric | 11702 | Babylon | New York |
|---|---|---|---|
| Home Value | $734,832 | $734,832 | $505,608 |
| 5-Year CAGR | 4.0% | 4.0% | 6.6% |
| Avg Rent | $3,208 | $3,208 | - |
| Cap Rate | 3.4% | 3.4% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11702 (Babylon, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11702 (Babylon, NY)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Suffolk County
Manage rentals here? List your business →CXA Management provides property management services. summary from their website
Eminent Properties Ltd is a property management company. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $734,832 |
| Monthly Rent | $3,208 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 11702
Population: 14,002
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 11702
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,804 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Babylon, NY a good investment right now?
Babylon, NY clocks in at an investability rating of 3.0/5, with median home values near $735K and average rents around $3,208/mo. That combination puts it in the durable tier for investor interest.
How strong are rents in Babylon, NY?
Babylon, NY rentals go for roughly $3,208/mo a month. That puts gross yield in solid territory relative to $735K acquisition costs.
Are eviction rules reasonable in Babylon, NY?
The landlord environment in Babylon, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
Are there empty rentals in Babylon, NY?
Rental vacancy in Babylon, NY is elevated. Investors should budget normal turnover but not chronic empty units.
Is house hacking profitable in Babylon, NY?
House hacking in Babylon, NY is a challenging. With home values around $735K and rents at $3,208/mo, owner-occupants can offset a meaningful share of PITI.
You know 11702 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11702 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 11702 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 11702 (Babylon)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 11702 (Babylon, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.