31
Map
27 Naples Avenue
About This Property
The full basement with newer washer/dryer, 1 year old gas furnace and separate hot water heater offers additional space with endless possibilities – think extra storage, a home gym, a playroom, extra living accomodations... let your imagination run wild!! Outside, you'll love the fenced-in yard, sprinkler system in the front yard plus the convenience of a 1-car attached garage with access directly into the large eat-in-kitchen - all on a dead end street.
This is a fantastic opportunity for anyone looking for low-maintenance, one-floor living in a great Central Islip location. Don't wait. This is a must see. Homes like this don't last long! STAR (if eligible $891.09)
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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 |
|---|---|---|---|
| Jul 16, 2026 | Price Increased |
$545,000
↑ $20K
(3.8%) | |
| Price Increased | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Listed by Realty Connect USA L I Inc | $525,000 | |
| Listed by Realty Connect USA L I Inc | |||
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About Central Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017