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159 Noel Drive
About This Property
Inside, you'll find a bright and open floor plan featuring hardwood floors, fresh paint, new trim and doors throughout. The fully renovated chef's kitchen is the heart of the home, showcasing shaker cabinetry, stainless steel appliances, and a stylish tiled backsplash. The first floor offers two spacious bedrooms and a wall-to-wall tiled full bathroom, providing flexible and convenient living.
Upstairs, new flooring leads to two additional generously sized bedrooms with ample closet space. The finished basement adds valuable living area and includes a dedicated, fully renovated bathroom, outside entrance, and additional unfinished storage space-ideal for a home office, recreation area, or guest suite.
An added bonus is the additional living space within the home, perfect for extended family or potential mother-daughter use with proper permits, complete with another beautifully renovated bathroom. With low taxes, a quiet block, and a prime location close to highways, schools, shopping, and dining, this home offers both comfort and convenience.
Truly move-in ready-just bring your furniture. This one won't last long.
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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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2025 | Listed by Frontline Realty Group LLC | $599,000 | |
| Listed by Frontline Realty Group LLC | |||
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About Centereach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017