109 Silverleaf Lane
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 |
|---|---|---|---|
| Aug 15, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 4, 2025 | Price Decreased |
$669,000
↓ $30K
(4.3%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by ALUX Realty | $699,000 | |
| Listed by ALUX Realty | |||
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Recently renovated and move-in ready ranch in the heart of Islandia! This spacious home offers 4 bedrooms and 3 full bathrooms. The home features an updated kitchen with modern cabinetry, countertops, and stainless steel appliances. Enjoy a bright open layout with formal living and dining rooms. Recent updates include new roof, vinyl siding, energy-efficient windows, renovated bathrooms, new flooring throughout, upgraded 200 amp electrical service. Outdoors, enjoy a fenced backyard with patio. 1-car attached garage with private driveway. Convenient location close to highways, shopping, dining, and Jake’s 58 Casino. Located in the Central Islip School District. A beautifully updated home ready for its next owner!
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| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Islandia
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$4,000 /mo
- 2 Beds
- 1 Bath
- 1,189 ft²
$2,699 /mo
- 1 Bed
- 1 Bath
- 790 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017