2 Argyle Place
About This Property
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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 21, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Relisted | $749,000 | |
| Relisted | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by Signature Premier Properties | $749,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to Your Dream Home in The Pines of Smithtown. Nestled in the serene, tree-lined neighborhood within the highly sought-after Hauppauge School District, this meticulously maintained High Ranch offers the perfect blend of space, comfort, and location. This home has been thoughtfully updated from top to bottom. Step inside to discover a range of recent upgrades, including renovated kitchen and bathrooms, hardwood floors, newer roof and windows, gas heating system, and freshly paved driveway. The exterior showcases elegant masonry, brick, and stonework that lend timeless curb appeal. Set on a flat, fully usable half-acre lot, the property also features an in-ground sprinkler system and central air conditioning for year-round comfort. Upstairs, an inviting open-concept layout includes three spacious bedrooms and a full bathroom. At the heart of the home is a beautifully updated eat-in kitchen with an island, which flows seamlessly into a dining area. The bright and airy living room, bathed in natural light, opens through sliding glass doors to a deck—perfect for relaxing or entertaining. The lower level offers even more flexibility, featuring additional sleeping areas, two full baths, and efficiency kitchen. French doors lead to a charming brick patio for outdoor enjoyment. A dedicated laundry room adds convenience, while living space with outside private entrances provides endless options. Located on a quiet, peaceful block yet just minutes from shopping, dining, parks, and major highways, this home offers the best of both tranquility and accessibility.
Don’t miss this rare opportunity to own a truly turnkey property in one of Smithtown’s most desirable communities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017