25 Northgate Drive
About This Property
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by Iron Oak Estates LLC | $1,908,000 | |
| Listed by Iron Oak Estates LLC | |||
| Oct 29, 2025 | No longer available | - | |
| No longer available | |||
| Oct 29, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $1,990,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Welcome to 25 Northgate Drive, a rare and exciting opportunity to own a prime piece of real estate in the highly sought-after Sagamore Estates section of Syosset, NY. Set on a sprawling, flat 1-acre lot, this property offers endless potential, whether you're an investor looking for your next project or a buyer ready to renovate, expand, or build your dream estate from the ground up.
This residence features a sun-filled layout with generously sized rooms, offering a living space as-is or a perfect canvas for customization. The home includes a living and dining area, a functional kitchen, and multiple well-proportioned bedrooms designed for everyday comfort.
Step outside to your private backyard retreat, complete with a covered patio, outdoor kitchen, and an in-ground pool, ideal for entertaining or relaxing summer days. With plenty of space for recreation, landscaping, or future additions, the possibilities here are truly endless.
Located in one of Syosset’s most desirable locations, you’ll enjoy proximity to great shopping and dining options, and convenient transportation. Whether you're seeking a strategic investment or a prime location to build your forever home, this property checks all the boxes.
Don't miss this rare chance to invest in one of Long Island’s premier communities. Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017