123 Lake Street
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%.
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 16, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
| Jun 30, 2025 | Listed by Netter Real Estate Inc | $699,000 | |
| Listed by Netter Real Estate Inc | |||
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|
Introducing a gorgeous new listing in Islip—a beautifully maintained Hi-Ranch tucked away at the end of a quiet dead-end street, backing up to a serene nature preserve for ultimate privacy. This home features meticulously landscaped grounds, creating a peaceful retreat both inside and out. Step inside to find a spacious living room filled with natural light with sliding glass door to your private deck. Beautiful updated kitchen with granite countertops and stainless steel appliances, and a cozy den complete with a fireplace—perfect for relaxing evenings. With four generously sized bedrooms, two full baths, and a one-car garage, this home has space and comfort for the whole family. A true gem—come take a look!
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| Jan 31, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Islip
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$3,150 /mo
- 1 Bed
- 1 Bath
- 620 ft²
$1,900 /mo
- Studio
- 1 Bath
- 198 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017