25
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25 Walter Drive
About This Property
The inviting interior features gleaming hardwood floors, recessed lighting throughout, and a bright, open kitchen with tile flooring, breakfast counter seating, and sliding glass doors leading to the rear deck-perfect for indoor/outdoor entertaining. The home offers 1.5 updated baths and a fully finished basement complete with a full bathroom and outside entrance, providing versatile additional living space for a recreation room, home office, or guests.
Outside, you'll appreciate the expanded paver-lined asphalt driveway (resealed in 2025), professionally maintained front paver walkway and stoop, vinyl siding, replacement windows, electric garage door, attached one-car garage, EV charging hookup, and a 5-zone in-ground sprinkler system.
Additional updates include oil boiler (refurbished in 2025) and central air conditioning for year-round comfort.
Ideally located close to parks, shopping, restaurants, major roadways, and all that Nesconset has to offer, this meticulously cared-for home is a rare opportunity you won't want to miss.
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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 21, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Price Decreased |
$687,500
↓ $12K
(1.7%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by Coldwell Banker American Homes | $699,000 | |
| Listed by Coldwell Banker American Homes | |||
| Aug 27, 2015 | Sold | ||
| Sold | |||
| Mar 27, 2015 | Listed by Coldwell Banker American Homes | $359,990 | |
| Listed by Coldwell Banker American Homes | |||
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About Lake Ronkonkoma
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017