13613 Long Island DR
About This Property
The kitchen stands out with its oversized island and timeless finishes, creating a centerpiece for cooking, gathering, and entertaining. All appliances convey with the home, making it truly turn key and ready for immediate move-in.
Upstairs, the primary suite includes a generous walk-in closet and a spa-like bath. Three secondary bedrooms, a full bath, and the laundry room complete the upper level. Thoughtful details like under-stair storage and a main-level powder bath add everyday convenience.
From a financing perspective, this home offers a rare opportunity: the seller has an assumable FHA loan at 4.75% interest. With very little equity, a buyer may be able to step into this nearly new home with minimal or no down payment (subject to lender approval and FHA guidelines).
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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 |
|---|---|---|---|
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by eXp Realty, LLC | $420,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017