122 Southern Parkway
About This Property
Inside, a spacious rear den with a skylight fills the home with natural light and provides a comfortable spot for movie nights, casual get-togethers, or simply relaxing. The main level flows easily from room to room, designed with both comfort and style in mind.
The entire second floor is dedicated to the primary suite, complete with its own ensuite bathroom and plenty of space to create a true private retreat.
Nearby, you'll find Plainview-Old Bethpage Community Park with its fields, trails, playgrounds, and pool, along with the public library, shopping, and dining-all just minutes from home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by Compass Greater NY LLC | $970,000 | |
| Listed by Compass Greater NY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017