12 Alice Lane
About This Property
This home offers a bright, open layout with hardwood floors, a granite kitchen, and sliding glass doors on both the upper and lower levels that lead directly to the backyard. The flexible floor plan provides potential for extended family or a multi-purpose living space, along with two-zone heating, wet bar, and plenty of storage.
The sliding doors lead you to your own private backyard retreat featuring an inground pool with a waterfall, a full outdoor kitchen with a barbecue, sink, refrigerator, and island, perfect for entertaining family and friends.
Recent 2026 updates include an all-new ductwork and a UV light air purification system, as well as a new pool pump, Chimney Cover providing added comfort and peace of mind.
Beautiful landscaping, an in-ground sprinkler system, and a prime Commack location complete this move-in-ready home. Whether you're relaxing at home or hosting guests, 12 Alice Lane offers the perfect blend of comfort, function, and outdoor living.
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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 15, 2026 | Delisted | - | |
| Delisted | |||
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Relisted | $799,990 | |
| Relisted | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jul 13, 2026 | Listed by Douglas Elliman Real Estate | $799,990 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017