24 Grassy Pond 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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Howard Hanna Coach | $649,000 | |
| Listed by Howard Hanna Coach | |||
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Well maintained ranch located In the desirable Smithtown Pines on flat.50 acre. This home features a living room and a formal dining room adjoining the eat-in kitchen with a skylight. The spacious den features a wood-burning stove for added warmth. The primary bedroom has a spiral staircase to the lower level hot tub! There are two additional bedrooms and a full bathroom nearby. Many other features are: Hardwood flooring throughout, 200 amp electrical, central vacuum, inground sprinklers, deck, and first floor laundry closet. Near all parkways, shops, and Town of Smithtown beaches. Hauppauge Schools. Request your private viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017