25
Map
103 Gates Avenue
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 30, 2026 | Listed by ARVY Realty | $629,900 | |
| Listed by ARVY Realty | |||
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Welcome to this spacious and well-maintained home located at 103 Gates Ave in Central Islip, offering a versatile layout and plenty of potential. This property features 5 bedrooms and 2 full bathrooms, a bright eat-in kitchen, and a comfortable living space enhanced by hardwood and laminate flooring throughout. Additional highlights include a full unfinished basement, ideal for storage or future finishing, a garage, and oil hot water baseboard heating for year-round comfort. Enjoy outdoor living with a patio/deck and partially fenced yard, perfect for relaxing or entertaining. The home is topped with an asphalt roof, adding durability and value. Conveniently located near public transportation, shopping, and schools, making daily living and commuting easy. A great opportunity to own a spacious home with room to make it your own, don’t miss it!
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| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Relisted | $600,000 | |
| Relisted | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
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About Central Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017