2423 Union Boulevard #8B
About This Property
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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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by BERKSHIRE HATHAWAY | $299,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
| |||
|
Don’t miss this bright and spacious two-bedroom home in the desirable Forest Green community. Filled with natural light, it features an open layout with a large living room, dining area, chef’s kitchen with stainless steel appliances, and bedrooms on opposite sides for added privacy. Both the kitchen and bathroom have large windows, enhancing the home’s airy feel. Extra large closets provide ample storage space. Located on the second floor, this quiet unit comes with two parking spaces and access to many amenities including a fitness center, saltwater pool, clubhouse, laundry facilities, and more. Heat, water, snow removal, and grounds maintenance are included. In-unit washer/dryer installation is permitted with approval. The pet-friendly community allows up to two pets with no weight restrictions and features an on-site dog run. Conveniently located near shopping, dining, schools, hospitals, the LIRR, and major highways. The monthly maintenance is $1,640, of which approximately 50% is property tax. Board requirements include a 20% down payment, three months of post-closing liquidity, good credit, and stable employment. With a great combination of space, amenities, and value, you don’t want to miss out on this one! Schedule your showing with Dani today.
| |||
| Jun 6, 2026 | No longer available | - | |
| No longer available | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/07/2025
|
2 Bed
|
1 Bath
|
875 ft²
|
$335,000
2 Bed
1 Bath
875 ft²
|
-
-
|
Edward Schmidt
Douglas Elliman Real Estate
| |
|
08/28/2025
|
1 Bed
|
1 Bath
|
903 ft²
|
$239,999
1 Bed
1 Bath
903 ft²
|
-
-
|
Judith Black MRP
Cato Realty Inc
| |
|
08/15/2024
|
1 Bed
|
1 Bath
|
-
|
$250,000
1 Bed
1 Bath
|
-
-
|
Andrew-Paul Ragusa
Keller Williams Realty Greater
| |
|
02/08/2024
|
1 Bed
|
1 Bath
|
-
|
$260,000
1 Bed
1 Bath
|
-
-
|
Andrew-Paul Ragusa
Keller Williams Realty Greater
| |
|
06/02/2022
|
1 Bed
|
1 Bath
|
-
|
$219,900
1 Bed
1 Bath
|
$245,000
+11.41%
08/10/2022
|
Matthew Carter
LAFFEY REAL ESTATE
| |
|
11/04/2020
|
2 Bed
|
1 Bath
|
-
|
$180,000
2 Bed
1 Bath
|
$182,000
+1.11%
04/19/2021
|
Christine Drago
Exit Realty Achieve
| |
|
02/28/2019
|
1 Bed
|
1 Bath
|
825 ft²
|
$149,000
1 Bed
1 Bath
825 ft²
|
$149,000
06/03/2019
|
Richard Fusco
Coldwell Banker American Homes
| |
|
02/25/2018
|
1 Bed
|
1 Bath
|
-
|
$89,000
1 Bed
1 Bath
|
$85,000
-4.49%
06/14/2018
|
Richard Fusco
Coldwell Banker American Homes
| |
|
09/10/2017
|
1 Bed
|
1 Bath
|
825 ft²
|
$132,000
1 Bed
1 Bath
825 ft²
|
$123,000
-6.82%
01/05/2018
|
Richard Fusco
Coldwell Banker American Homes
| |
|
01/17/2017
|
2 Bed
|
1 Bath
|
-
|
$142,000
2 Bed
1 Bath
|
$140,000
-1.41%
06/12/2017
|
Jeffrey Dawson CBR
Coldwell Banker American Homes
| |
|
10/18/2016
|
1 Bed
|
1 Bath
|
-
|
$114,000
1 Bed
1 Bath
|
$107,000
-6.14%
04/13/2017
|
Richard Fusco
Coldwell Banker American Homes
| |
|
06/07/2015
|
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
$88,000
-7.37%
01/25/2016
|
James A. Balletta GRI
Lex Realty Inc
| |
|
05/21/2012
|
2 Bed
|
1 Bath
|
-
|
$138,900
2 Bed
1 Bath
|
$128,000
-7.85%
04/19/2013
|
Paula R. Cardozo
Paula Cardozo
|
Building Info
About Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017