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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 26, 2021 | No longer available | - | |
| No longer available | |||
| Feb 1, 2021 | Relisted | $399,999 | |
| Relisted | |||
| Jan 30, 2021 | No longer available | - | |
| No longer available | |||
| Jan 16, 2021 | Listed by Douglas Elliman Real Estate | $399,999 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Well maintained 4 bed, 2 bath expanded ranch featuring a large yard, large kitchen, exterior ramp, hardwood floors, full finished basement, in-ground sprinklers, gas meter and a detached 1.5 car garage. Updates Include roof, burner and windows. In 2020 the taxes were $9,345 after STAR reduction. 2021 STAR reduction to be determined. The manager has listed the unit size as 1500 square feet.
| |||
| Dec 20, 2016 | Sold | ||
| Sold | |||
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About Central Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017