35 Lipton Lane
About This Property
Key features include:
Four generous bedrooms and two full baths, providing ample space for comfortable living.
A full finished basement, offering excellent potential for additional living space, recreation, or storage.
Durable all-brick construction which offers timeless curb appeal and low maintenance.
Efficient natural gas heating unit for reliable warmth.
A one-car garage for parking and extra storage.
Located within the renowned Herricks School District, known for its highly rated public schools.
The "wide-line" design provides an expanded footprint compared to a traditional Cape, ensuring a spacious and functional layout. This home presents a wonderful opportunity to enjoy the tight-knit community feel of Williston Park, with proximity to local shops, parks, and the LIRR for an easy commute.
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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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Realty Connect USA LLC | $930,000 | |
| Listed by Realty Connect USA LLC | |||
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About Herricks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017