2 Gail 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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed by Unique Home Sales of L I Inc | $649,000 | |
| Listed by Unique Home Sales of L I Inc | |||
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Stunning Renovated Open floor plan Ranch 3 Bedrooms, 2 Full baths, Full finished basement, brand new kitchen, new bathrooms, Hardwood & marble flooring, granite countertops, new Led hi hats, New Roof, outdoor overhang, Vinyl siding, Gutters, All new Windows, Brand-new stainless-steel appliances, Gas heating, New Air Condition split unit, Lot of space for storage, 200 Amps, egress windows, Washer Dryer hook up, 2 side entrances, large driveway, 1 Car garage, fenced backyard, Corner property, Low Taxes. Close to highways and railroad.
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| May 14, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
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About Lake Ronkonkoma
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017