121 Commack Road
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%.
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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, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Exit Realty Achieve | $580,000 | |
| Listed by Exit Realty Achieve | |||
| | |||
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Welcome to 121 Commack Rd in Islip! This meticulous two-story home is a commuter's dream ideally located between Sunrise Highway and the Long Island Railroad. Upon entry, you are welcomed by a sun-drenched formal dining room, perfect for holiday gatherings. The dining room flows seamlessly into the expansive eat-in kitchen which is a cooking enthusiast and entertainer delight featuring an open concept with a large center island, stainless steel appliances, a 6-burner cooktop with griddle, and a double wall oven. The kitchen dining area and double Anderson sliding glass doors add to the charm. Enjoy the spacious living room just off the kitchen boasting a vaulted ceiling, a gas fireplace, and a second set of sliding doors leading to the backyard. The main level also includes a half bath and a lower-level primary bedroom with two walk-in closets. Wood floors extend throughout the main level and the 1.5-car garage is conveniently located right off the kitchen and houses the gas heating system and hot water heater. Upstairs you will find two sizeable, freshly painted bedrooms, with new wall-to-wall carpet and a full bathroom. The lowest level consists of a full basement with high ceiling and houses the laundry area, a storage room, and ample additional storage space. This incredible home also features a circular driveway, a large deck off the back of the house perfect for outdoor dining and relaxing on warm summer nights, and a well-maintained fenced-in backyard with room for a pool. Top the charm of this home and it's location with the fact that you also have access to Islip Town Beach just down the road. This home is a must-see!
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| Jul 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 28, 2024 | Price Decreased |
$629,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
Property Highlights
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About Islip
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$3,150 /mo
- 1 Bed
- 1 Bath
- 620 ft²
$4,500 /mo
- 3 Beds
- 2 Baths
- 1,200 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017