19 Patricks Way
About This Property
The tremendous primary suite is a private sanctuary featuring two walk-in closets and a spa-like en suite bathroom. A main-level office, complete with a closet, offers the flexibility to serve as an additional bedroom. The expansive basement, with its large outside entrance, full kitchen, and bath, presents an incredible opportunity for a potential mother/daughter setup with proper permits.
Designed for year-round comfort, the home features gas heat, a backup Generac gas generator, and two-zone central air. Step outside to your private, beautifully landscaped oasis, where a gas-heated pool with a one-year-old liner awaits.
Conveniently located near St. James train station, Lake Ave/Jericho Turnpike shopping and restaurants, Smith Haven Mall, beaches, and more! Smithtown school district. Taxes 27,068.66. This extraordinary home seamlessly blends luxury, privacy, and functionality-offering an unparalleled lifestyle in a serene and exclusive setting.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017