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263 Waco Street
About This Property
Upstairs, you'll find four bedrooms, three with ceiling fans, along with a full bathroom and a full attic accessible by pull-down stairs for additional storage. Major exterior updates completed in 2008 include the windows, doors, siding, & roof. Additional highlights include gas cooking, a 200-amp electric service, updated PVC plumbing, and a full basement with heat, Bilco walk-out doors, washer and dryer hookups, and a workbench. The hot water heater was replaced in 2018.
Enjoy the outdoors with a Trex deck featuring built-in seating, a covered cement patio, a four-zone in-ground sprinkler system, a storage shed, and a newly installed front cement walkway. Conveniently located near local shopping, dining, parks, and LIRR, this home offers a great opportunity to make Lindenhurst your own!
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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%.
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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 |
|---|---|---|---|
| Nov 7, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2026 | Listed by The Agency Northshore NY | $599,000 | |
| Listed by The Agency Northshore NY | |||
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About Lindenhurst
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017