1 W Oak Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed by Signature Premier Properties | $689,999 | |
| Listed by Signature Premier Properties | |||
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Welcome to 1 W Oak St, Islip—a stunning, fully renovated hi-ranch that is completely move-in ready! This like-new construction features 6 spacious bedrooms and 2 full bathrooms, offering the perfect setup for extended family or potential mother-daughter living with proper permits. The second floor boasts a bright and airy living room, an HGTV-style kitchen with a huge center island, soft-closing cabinets, and quartz countertops, along with 3 bedrooms and 1 full bath. The first floor offers an additional 3 bedrooms, 1 full bath, and an outside entrance, creating endless possibilities for multi-generational living. No expense was spared in this renovation—brand new roof, windows, siding, and an updated 200-amp electrical system ensure modern efficiency and style. Conveniently located in the Islip School District with close proximity to major highways, this home is perfect for commuters. Huge expansive circular driveway that fits multiple vehicles. This is a rare find—don’t miss your chance to own this beautiful dream home!
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| Dec 24, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017