125 Lenore Lane
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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | Price Increased |
$660,000
↑ $60K
(10%) | |
| Price Increased | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Vantage Realty Partners | $599,999 | |
| Listed by Vantage Realty Partners | |||
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Welcome to 125 Lenore Lane, Centereach!
This high ranch offers exceptional space, versatility, and value in one of Centereach’s most convenient and sought-after neighborhoods. Featuring 4 bedrooms and 3 full bathrooms, this home includes a legal accessory apartment, perfect for extended family or potential rental income—plus there's room to possibly create a second apartment with proper permits.
Enjoy gas heating and cooking, central air conditioning, and a layout ideal for both everyday living and entertaining. The upper level flows effortlessly to a spacious deck, perfect for summer barbecues, while the fully fenced yard provides privacy and room to relax. Thoughtful upgrades include in-ground sprinklers in both the front and back yards to keep your landscaping lush and green.
Located near parks, schools, shopping, and just minutes to major highways, this home offers the perfect blend of suburban comfort and commuter convenience. Whether you're looking for multi-generational living, income potential, or just more room to spread out—this home has it all!
Don't miss your opportunity to own a truly versatile property in the heart of Centereach!
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| Dec 20, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017