2305 Coventry Road
About This Property
The finished basement provides valuable additional living space, ideal for a recreation room, home office, fitness area, or other permitted uses. Conveniently located on the Oceanside border, this property offers easy access to shopping, dining, parks, and major roadways. Commuters will appreciate being just a stone's throw from the Long Island Rail Road (LIRR), making travel to surrounding areas and New York City convenient.
This home presents an excellent opportunity to enjoy a desirable location with a blend of charm, functionality, and accessibility.
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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 |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Mahler Realty | $725,000 | |
| Listed by Mahler Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017