112 Lawrence Avenue
About This Property
Practicality is a priority here, with a 2025 roof, 200 amp electrical service, a hardwired generator, a whole house water filtration system and split unit cooling. The property also includes an OVERSIZED one car garage with ample storage space and a full basement that features a convenient outside entrance located at the top of the stairs.
The exterior serves as your own private oasis. Head through the new sliders with built in blinds onto an awning covered Trex deck, where you can enjoy serene views of two ponds and stunning landscaping. The backyard is highlighted by an in ground gunite pool recently resurfaced, surrounded by a cool deck, perfect for summer entertaining. With an unbeatable location that allows for a car free lifestyle, just a short distance from local theaters, shopping, nightlife, parks, Whole Foods, Trader Joe's and the Smithhaven Mall. This home is a rare find that truly has it all!
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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 30, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Signature Premier Properties | $689,888 | |
| Listed by Signature Premier Properties | |||
Property Highlights
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About Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017