131 Long Pond 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%.
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 16, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by Howard Hanna Coach | $949,000 | |
| Listed by Howard Hanna Coach | |||
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Welcome to The House on Long Pond where timeless design and expert craftsmanship come together on a peaceful wooded acre in the heart of Wading River. This 4-bedroom, 2.5-bath colonial has been meticulously renovated with designer-selected finishes, from the herringbone oak entry to the custom chef’s kitchen and tranquil primary suite. Every inch reflects the care and precision of a professionally designed home—refined, cohesive, and completely move-in ready. Set in the Shoreham-Wading River School District, the property includes updated systems, all new COs, and a flat, private acre with room to relax or entertain. Enjoy a quiet, natural setting with easy access to beaches, parks, local restaurants, and North Fork vineyards. Thoughtfully curated. Beautifully finished. A standout home with classic style and modern ease.
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| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017