131 Main Street
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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.
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Listed by Realty Connect USA L I Inc | $848,000 | |
| Listed by Realty Connect USA L I Inc | |||
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Welcome to this distinctive Custom-built Colonial located in the heart of Setauket. This meticulously maintained home features a covered front porch, seamlessly blending historic charm with modern amenities. The tailored design of the main level showcases gleaming hardwood floors and custom millwork. The open concept, eat-in kitchen is perfect for entertaining, boasting a large center island, granite countertops, stainless-steel appliances and a spacious walk-in pantry with an additional washer/dryer. The elegant family room is illuminated by a wall of windows providing ambient light. New Andersen doors lead to a deck overlooking a fully fenced, manicured yard. The 2-car garage provides convenient access to a mudroom, powder room, and a private bonus room, suitable for a home office/storage.
Second level primary bedroom features a renovated full bath, spacious walk-in closet, and a convenient second floor laundry room. There are three additional generously sized bedrooms, all newly painted and carpeted with a new full bath. Updated roof and central air conditioning system. The unfinished basement offers high ceilings, ample storage space and is equipped with an updated hot water heater, gas burner, brand new 200 AMP service and new B-hyve smart wi-fi sprinkler system. This home is truly exceptional and move in ready! Taxes were successfully grieved and will be reduced by $3,116.
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| Mar 20, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017