197 Albany Avenue, Babylon, NY 11704
$300,000 · 6 bed · 3 bath · 3,416 sq ft · built 1988 · MLS# 1062596 · Active
Investor special in West Babylon! High ranch on a 0.46-acre lot, offered strictly AS-IS at $300,000. Property has fire damage and is condemned by the Town of Babylon — exterior viewing only, no interior access permitted. Features solar panels and a spacious footprint on a large lot. Priced for the investor/rehab market. Cash or renovation-loan buyers; proof of funds required with all offers.
Single-family homes in the Wyandanch Union Free School District sold for a median of $585,000 (typically $510,000–$670,000) across 75 recorded sales between Oct 9, 2025 and Sep 25, 2026, up 10.4% on the 12 months before. This home's $300,000 list price sits in the entry single-family tier for the Wyandanch Union Free School District.
ZIP 11704 has about 2.1 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.
At about $11,393 a year, this home's property tax is in line with the roughly $11,000 typical for Wyandanch Union Free School District. Suffolk bills combine town, school and special-district levies, so two homes at the same price in neighboring districts can carry materially different taxes. Exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.
OneKey MLS (recorded LI sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 14, 2026 8:15 pm. 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.
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Babylon Market Trend
The median sale price in Babylon has risen about 10% — about $690K in July through September 2026, against $630K in July through September 2025. Over the past 2 years, monthly medians have ranged from $595K to $700K. Homes took longer to sell: about 41 days on market, against 34 a year earlier.
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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.
