22 Peppermill Lane
About This Property
Upstairs, generously proportioned bedrooms and spa-inspired baths feature Toto toilets and refined finishes, delivering a serene retreat experience. The 1,100-square-foot finished basement expands your lifestyle options - ideal for recreation, fitness, media, or guest accommodations. Outdoors, your private resort-style oasis awaits. A heated gunite saltwater pool is surrounded by professionally landscaped grounds, supported by a 23-zone in-ground sprinkler system. A heated driveway and walkway for year-round ease, in addition to an oversized attached two-car garage with an abundance of space. Set among the rolling landscapes of Dix Hills, this turnkey residence seamlessly blends superior craftsmanship, cutting-edge systems, and timeless elegance - delivering a rare opportunity to own a truly exceptional home in one of Long Island's most sought-after communities. Close to Dix Hills Park, transportation, restaurants, shopping, and houses of worship.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$2,350,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$2,400,000
↓ $75K
(3%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$2,475,000
↓ $24K
(1%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$2,499,000
↓ $50K
(2%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$2,549,000
↓ $151K
(5.6%) | |
| Price Decreased | |||
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About Dix Hills
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Currently no similar homes aroundNearby Rentals
$9,200 /mo
- 5 Beds
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- 4,300 ft²
$7,500 /mo
- 4 Beds
- 2 Baths
- 2,650 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017