35 Satellite 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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed by Signature Premier Properties | $649,990 | |
| Listed by Signature Premier Properties | |||
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Welcome to 35 Satellite Drive, Located in the East Islip School District! Seated on a Spacious Corner Lot, This Beautifully Maintained 4 Bed, 2 Bath Hi-Ranch Boasts 1,700 Square Feet of Interior Living Space with Updated Features Throughout! Upon Entry, You're Greeted by a Bright and Airy Eat-In-Kitchen with Granite Countertops, Spacious Center Island, Plenty of Cabinet Space, Newer Stainless Steel Appliances and Sliding Door Entrance to a Second Floor Deck Balcony, Perfect for the Warmer Weather. Enjoy an Open Concept, Cozy Den/Dining Room with LED Hi Hats and Hardwood Floors Throughout. The Upstairs Continues with 3 Nicely Sized Bedrooms, Full Bath and Pull-Down Attic Access. The Lower Level Boasts an Additional Den/Living Area, 4th Bedroom, Full Bath, Laundry Room, Outside Access to a Newly Pavered Backyard Patio and Inside Access to a Large 2-Car Attached Garage! Don't Miss!! **Home Features CAC, Natural Gas, 5-Year Old Roof, 10-Zone IGS, New 50-Gallon Hot Water Heater, Cesspools, Possible M/D with Proper Permits**
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| Jul 30, 2020 | Sold | ||
| Sold | |||
| Jun 9, 2020 | Sold | ||
| Sold | |||
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About Islip Terrace
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017