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101 Rustic Road
About This Property
Discover this beautiful, move-in-ready ranch in the heart of Centereach! The home has been completely gutted down to the studs and meticulously rebuilt with a thoughtful expansion, giving you the peace of mind of a like-new home with modern systems and finishes throughout.
This charming property now offers 4 spacious bedrooms and 2 full bathrooms, providing comfortable, updated living for anyone seeking modern convenience in a classic ranch layout.
Highlights:
• Fully gutted to the studs and completely rebuilt - new electrical, plumbing, insulation, drywall, siding, windows, roof, boiler and more
• Thoughtfully expanded for added living space and functionality
• Modern finishes and bright, open interiors throughout
• Prime Centereach location - close to schools, parks, shopping, and major roadways for easy commuting to NYC
This turn-key home combines the charm of classic Long Island ranch living with brand-new construction quality. Whether you're hosting gatherings or enjoying quiet evenings at home, this property is ready for you to move right in and enjoy for years to come!
Priced to sell and waiting for its new owners!
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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 |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Relisted | $369,900 | |
| Relisted | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by Signature Premier Properties | $629,777 | |
| Listed by Signature Premier Properties | |||
| May 17, 2024 | Sold | ||
| Sold | |||
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About Centereach
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$2,610 /mo
- 1 Bed
- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017