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35 OKane Street
About This Property
This sweet, light-filled ranch in the heart of Central Islip is a true delight! Featuring 5 bedrooms, 2 full baths, gas heat, central A/C, and a full finished basement, this home offers comfort, convenience, and endless potential. The bright, thoughtfully laid-out interior creates a warm and inviting atmosphere, perfect for everyday living.
Step outside to enjoy a nice backyard with space for a garden, perfect for relaxing or entertaining. Connected to sewer and ideally located close to everything-shopping, schools, parks, and transportation-this home checks all the boxes. The Roof, siding, and gutters were all updated just 5 years ago, offering peace of mind and lasting curb appeal
Don't miss this charming opportunity to own a beautiful ranch on Long Island!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017