20 3rd Avenue
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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%.
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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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by Coldwell Banker American Homes | $439,000 | |
| Listed by Coldwell Banker American Homes | |||
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Hidden Gem in The heart of East Islip, Gas Heat and Cooking, Central Air Conditioning, & Sewers. OK that checks off 3 of your must get boxes. Feature's detached Garage, Large Yard ? Central air includes a vent in the walk in master Cedar closet ?Young water heater ?newer energy efficient gas boiler ?both AC and gas boiler are up to date with inspections ?beautiful hardwood floors in all rooms of house ?entire house and garage have updated windows and doors ?garage door new (2021) with lifetime warranty has electrical opener, two way switches in garage and kitchen/ dining room area. Garage is separate from house with a loft for storage and a large storage shelf ?kitchen wooden cabinets, a larger pantry with bifold doors and shelves from floor to ceiling. Kitchen and dining room have two separate stain glass chandeliers with grape vines ?master bedroom has two doors, one into kitchen and one into hallway. Master bedroom has walk in cedar closet ?new bathroom with custom tiles, Bain Ultra spa tub, sewer hook up, pocket door matches bifold pantry doors and bathroom hallway wall, one of a kind antique Asian sink, granite countertop with unique bamboo cabinet. Plumbing ready if new owner wants to dormer house ?periscoping drop down ladder for access to attic ?new roof on house and garage (2019) ?fenced in yard ?two grapevines ?two bed, one spa bathroom ?gas heating ?electric updated ?new refrigerator
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About East Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017