3 Simmons Drive
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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 |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | In contract | - | |
| In contract | |||
| Feb 3, 2024 | Listed by Douglas Elliman Real Estate | $599,999 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Don't Miss This Golden Opportunity South of Montauk in East Islip!! This Newly Renovated Ranch has Updated the Following Items in 2022 - New Roof on House and Sunroom, New Siding, Gutters and Soffits, New Garage Doors & Openers, New Heating System and New PVC Fence. This Home also has a Kitchen with Granite Countertops w/ New Stainless Steel Appliances, Updated Bath, All Wood Floors, Two Car Garage Freshly Painted w/ new Epoxy Floor with non-slip Paint and So Much More!!
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| May 15, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Sold | ||
| Sold | |||
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About East Islip
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017