15 Peony Lane
About This Property
Upstairs, three comfortable bedrooms and a full bathroom offers a private space for family, guests, or a home office. Downstairs, a spacious den/living room on the lower level provides the perfect setting for movie nights, a playroom, home office, or guest space-offering flexibility to suit your lifestyle. A convenient half bath completes the lower level.
Beyond the door, enjoy a spacious backyard-ideal for barbecues, gardening, or simply soaking in the calm of your own oasis.
Perfectly positioned in a quiet, friendly neighborhood but still close to local shops and parks, this home offers the ideal balance of suburban comfort and community convenience. Whether this marks the start of your homeownership journey or the next chapter in your life, one thing is certain: there's no place like home - and this one in Commack is ready to welcome you.
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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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by RE/MAX Integrity Leaders | $680,000 | |
| Listed by RE/MAX Integrity Leaders | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017