Real Estate Investing in North Babylon, New York (11703)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11703 (North 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 North Babylon, NY (11703)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11703 North Babylon
Not every below-median market is a bargain. North Babylon's 11703 ZIP stands at signals that favor experienced operators who can absorb the risk $645K pricing implies.
The investment case in 11703 is substantial only for operators who understand what they are buying. A $645K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 11703 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 11703 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 11703 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 North Babylon:
Property Strategy for 11703
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $544,103 | $2,690 | 3.6% | +7.5% | $272,052 |
| 3BR | $638,603 | $3,490 | 3.9% | +8.8% | $212,868 |
| 4BR | $686,752 | $3,690 | 3.9% | +8.5% | $171,688 |
| 5BR | $723,302 | — | — | +8.7% | $144,660 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11703 Compare?
| Metric | 11703 | North Babylon | New York |
|---|---|---|---|
| Home Value | $645,294 | $645,294 | $505,608 |
| 5-Year CAGR | 5.0% | 5.0% | 6.6% |
| Avg Rent | $2,703 | $2,703 | - |
| Cap Rate | 3.3% | 3.3% | - |
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 11703 (North Babylon, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $645,294 |
| Monthly Rent | $2,703 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (3.3%). 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 11703
Population: 17,205
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 11703
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BEACH STREET MIDDLE SCHOOL
BELMONT ELEMENTARY SCHOOL
JOHN F KENNEDY SCHOOL
JOHN QUINCY ADAMS PRIMARY SCHOOL
MAY MOORE PRIMARY SCHOOL
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 1,450 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in North Babylon, NY?
Expect median prices around $645K in North Babylon, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Where do rents currently stand in North Babylon, NY?
North Babylon, NY rentals go for roughly $2,703/mo a month. That puts gross yield in solid territory relative to $645K acquisition costs.
What strategy should investors use in North Babylon, NY?
North Babylon, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($645K prices, $2,703/mo rents) make it a reasonable choice.
Is North Babylon, NY good for house hacking?
House hacking in North Babylon, NY is reasonable to execute. Prices around $645K and rents of $2,703/mo solid owner-occupant economics.
What is the renter demographic in North Babylon, NY?
The tenant pool in North Babylon, NY is solid, supported by local employment and population fundamentals. Rents of $2,703/mo are well-absorbed by the market.
You know 11703 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11703 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 11703 ranks in New York-Newark-Jersey City, NY-NJ-PA
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