4 Pheasant Court
About This Property
A welcoming front porch invites you inside, where hardwood floors flow throughout the home. The spacious layout features a sun-filled living room, formal dining room, and an inviting family room centered around a wood-burning fireplace. The eat-in kitchen offers generous cabinetry, abundant workspace, and overlooks the expansive backyard, making it ideal for both everyday living and entertaining.
Upstairs, the primary suite offers a private full bath, while three additional generously sized bedrooms provide ample space for additional sleeping quarters or home office.
The full basement features high ceilings and an outside entrance (OSE), presenting outstanding storage and future finishing potential. The oversized backyard offers plenty of room for a pool, creating the perfect setting to design your own private outdoor retreat.
Additional amenities include natural gas heating, central air conditioning, an in-ground sprinkler system, and an attached two-car garage.
Located on a quiet cul-de-sac, residents of Soundview Meadows have access to their own private community beach, as well as several Bay and Sound Private Resident Beaches. It's ideal location is minutes to major highways yet a stone's throw from all the amazing amenities the North Fork has to offer; renowned wineries, local farm stands, golf courses, country clubs, marinas, waterfront dining, shopping, and picturesque beaches.
End each day relaxing on the front porch while taking in the spectacular sunsets Mother Nature awards the North Fork residents.
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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 |
|---|---|---|---|
| Jul 29, 2026 | Price Decreased |
$875,000
↓ $70K
(7.4%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed by Realty Connect USA LI Inc | $945,000 | |
| Listed by Realty Connect USA LI Inc | |||
| Mar 14, 2003 | Sold | ||
| Sold | |||
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About Riverhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017