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116 Prague Street
About This Property
Welcome to 116 Prague Street, a charming 4-bedroom, 2-full-bath Cape Cod style home , built in 1949 and nestled in the Westwood section of the Incorporated Village of Valley Stream. Situated on an .12-acre property, this home has a large, partially finished basement, a generously sized backyard and a one car detached garage. It's located on a beautiful, tree-lined street where pride of ownership is evident throughout the neighborhood.
Offering the perfect blend of comfort and convenience, this 1400 sq foot home is part of the Valley Stream 13 School District and offers a flexible floor plan and endless potential to create the home of your dreams. It is just minutes from major highways, the Long Island Rail Road, JFK airport, several hospitals, shopping, dining, Belmont Park, and a short drive to Hendrickson Park, which offers many amenities for local residents, including but not limited to, swimming, biking, tennis, basketball, playgrounds and water view picnic areas.
If you are looking for a charming home in a great location with exceptional accessibility, 116 Prague Street presents a wonderful opportunity to enjoy all that Valley Stream has to offer.
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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 24, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $699,999 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017