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107 Newman Street
About This Property
The open floor plan is perfect for modern living and entertaining, highlighted by a stylish kitchen with a center island and seamless flow into the main living space. A custom built-in with an electric fireplace adds warmth and character.
Upstairs, enjoy the convenience of a second-floor laundry area. The fully fenced yard provides great outdoor space for relaxing or entertaining.
Ideally situated close to the lake, major roadways, and everyday conveniences, this move-in-ready home combines comfort, style, and location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Price Decreased |
$599,999
↓ $40K
(6.3%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by Douglas Elliman Real Estate | $639,999 | |
| Listed by Douglas Elliman Real Estate | |||
| Oct 13, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About North Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017