1618 Spur Drive
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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 |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Redfin Real Estate | $649,000 | |
| Listed by Redfin Real Estate | |||
| | |||
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Welcome to your dream home nestled within the serene confines of Islip, NY. Discover the epitome of modern living in this beautifully renovated 4-bedroom high ranch, offering tranquility and elegance in every corner. Step into luxury with gleaming hardwood floors and ceramic tile throughout, complemented by an inviting eat-in kitchen boasting quartz counters and brand new stainless appliances. Entertain effortlessly in the formal dining room or unwind in the cozy den, all while enjoying the comfort of ductless CAC/heat units on the main level. Retreat to the spacious bedrooms and indulge in the luxury of two full, beautifully appointed bathrooms. Outside, discover your own private oasis with a covered upper patio overlooking lush park-like grounds, complete with a two-car attached garage and multi-car driveway for convenience. Don't miss the chance to make this pristine home yours!
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| Jun 16, 2023 | Sold | ||
| Sold | |||
| Apr 20, 2023 | No longer available | - | |
| No longer available | |||
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About Islip
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$5,500 /mo
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017