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136 Saint Johns Street
About This Property
Discover this beautifully maintained expanded ranch featuring 3 spacious bedrooms, a living room, eat-in kitchen, formal dining room, and a welcoming foyer. The home boasts a full finished basement with an outside entrance, offering two versatile rooms ideal for a home office or den. Additional highlights include an attached garage, solar panels for energy efficiency, and a landscaped yard perfect for outdoor enjoyment. The entire garden will remain with the home and is a true hidden gem. It produces a vibrant variety of fruits and vegetables including cucumbers, berries, apples, peaches, plums, and pears-perfect for any gardening enthusiast or farm-to-table lifestyle. A lush, seasonal harvest awaits right in your own backyard.
Property Highlights:
Full Finished Basement with separate entrance
Solar Panels for reduced energy costs
Two Bonus Rooms suitable for office or guest use
Beautiful Landscaping and attached garage
Prime Location: Situated in the heart of Central Islip, this home offers easy access to major highways like the Southern State Parkway and Long Island Expressway, as well as the LIRR Central Islip Station. It's also close to educational institutions such as Touro University and Suffolk County Community College.
Nearby Amenities: Enjoy recreational activities at the nearby Gull Haven Golf Club, a 9-hole public course offering a welcoming environment for golfers of all skill levels. The community also features various shopping centers, restaurants, and parks, enhancing the quality of life for residents.
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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.
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About Central Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017