33 Randall Road
About This Property
You turn off the road and the world gets quiet. There's room to breathe here - room for gardens, chickens, a fire pit under the stars, or simply the peace of knowing your nearest neighbor is the wind in the trees. Inside, the ranch opens up the way a good day should: an easy open floor plan where mornings begin with coffee and sunlight, afternoons move from kitchen to living space without effort, and evenings end by a wood-burning fireplace - the kind of warmth that wraps around you after a long day and quietly reminds you: you're home.
The primary suite is your reset button - brand new, with exposed beams, a walk-in closet, and a spa-like bath that turns "getting ready" into "taking your time." Downstairs, the finished basement expands what's possible, with extra flex space and two bonus rooms with closets - perfect for a home office, gym, creative studio, guest space, or the "we finally have room for this" moment you've been waiting for.
And then there are the details that make this not just charming, but smart: a newer oil burner, hardwood floors beneath the carpets ready for their encore, and something Wading River buyers love to hear - the Peconic Bay tax DOES NOT APPLY HERE, saving approximately $11,000 at closing compared to homes in Wading River that are subject to it. All within the blue ribbon Shoreham-Wading River School district.
Lifestyle-wise, Randall Road puts you close to the East End magic without giving up the privacy you came for. You're under a mile to Bakewicz Farms for recreation, and right near the North Shore Rail Trail, a 10.4-mile, dog-friendly path for long walks and clear heads. When the mood strikes, head to nearby wineries like Macari Vineyards, or keep it local with dinner within walking distance at Phil's or The Watermark - both Wading River staples. Need a gift, a little browsing, and a sweet treat? The Shoppes at East Wind are close by - coffee, ice cream at Scoops, and the kind of easy outing you'll do "just because."
One more opportunity worth noting: the home also offers an assumable mortgage at 2.9% (for qualified buyers, subject to lender approval) - a rare advantage that could mean a lower monthly payment than other homes at the same price point.
This isn't just a house on acreage. It's the permission slip to live the way you've been talking about - more land, more calm, more weekends at home that feel like a getaway. Welcome to Randall Road.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 5, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 28, 2026 | Listed by Compass Greater NY LLC | $675,000 | |
| Listed by Compass Greater NY LLC | |||
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Feb 10, 2021 | In contract | - | |
| In contract | |||
| Jan 29, 2021 | Price Decreased |
$429,500
↓ $10K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017