155 Smith Avenue
About This Property
Inside, you'll find beautiful wide-plank wood floors, detailed moldings, french doors and elegant wainscoting that highlight the home's historic charm. The spacious kitchen features heated porcelain flooring, perfect for cozy mornings, while ornate cast iron radiators add both warmth and distinctive character throughout.
This versatile home offers 4–5 bedrooms and 2 full bathrooms, including a relaxing Jacuzzi tub. Enjoy movie nights with the home theater system, and take advantage of the partial basement for additional storage.
Major updates provide peace of mind with gas heat, a 5-year-old burner, separate hot water heater, and a roof approximately 10 years old. The home also includes solar panels with a transferable 23-year lease, helping to keep energy costs down.
Outside, the property continues to impress with beautiful mature plantings and a charming English-style garden, creating the perfect setting for entertaining or simply enjoying quiet moments of tranquility. Completing the property is a 1-car detached garage.
A truly special home filled with warmth, personality, and timeless appeal-a rare find in Islip.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Mar 6, 2026 | Listed by Signature Premier Properties | $729,000 | |
| Listed by Signature Premier Properties | |||
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About Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017