3 Buoy Lane
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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 29, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Netter Real Estate Inc | $999,999 | |
| Listed by Netter Real Estate Inc | |||
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Unique Waterfront Opportunity in West Islip! Nestled along one of Captree's majestic Grand Canals, this spacious expanded high ranch presents breathtaking bay views and boasts 300 feet of bulkheading. Perfect for water enthusiasts, the deep water canal accommodates multiple boats with ease. This versatile home offers potential as a mother-daughter setup (subject to permits) and sits on a corner lot featuring an in-ground pool and a convenient two-car garage. Experience serene sunrises and mesmerizing sunsets right from your own backyard! Don't miss out on making this waterfront gem your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017