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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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 28, 2026 | Price Increased |
$659,000
↑ $60K
(10%) | |
| Price Increased | |||
| Feb 16, 2026 | Listed by Realty Connect USA L I Inc | $599,000 | |
| Listed by Realty Connect USA L I Inc | |||
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This beautifully updated ranch is ready for you to move in and enjoy! Boasting 4 spacious bedrooms and 2.5 bathrooms, the home combines comfort and style in a highly sought-after Centereach location. The bright and airy living spaces feature a cozy wood-burning fireplace, perfect for relaxing evenings, while the large yard provides plenty of room for outdoor entertaining, gardening, or play. The expansive full basement presents tremendous potential for a mother-daughter suite or additional living space with proper permits (OSE), offering flexibility for multi-generational living or future expansion. Other highlights include an updated roof and meticulous renovations throughout, ensuring peace of mind and a turn-key move-in experience. Close to all major highways, public transportation and shops. Don’t miss the opportunity to own this stunning ranch that blends charm, modern updates, and endless possibilities for your lifestyle.
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| Aug 12, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017