4 Shoal Drive
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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%.
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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.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Eric G Ramsay Jr Assoc LLC | $3,499,999 | |
| Listed by Eric G Ramsay Jr Assoc LLC | |||
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West Islip | Oak Neck Estates | Bayfront Brick Colonial
Welcome to a private waterfront retreat in the exclusive Oak Neck Estates community of West Islip. Situated on a beautifully landscaped half-acre, this stunning brick Colonial offers breathtaking, unobstructed views of the Great South Bay and the Fire Island bridges—where you can enjoy spectacular sunrises and sunsets from your own backyard.
Built in 2013 with the finest construction and design, this 11-room residence features 5 spacious bedrooms and 6 full bathrooms. The open-concept layout is highlighted by unparalleled craftsmanship, detailed millwork, and elegant architectural finishes throughout.
The home boasts a beautiful living room with a gas fireplace, fully paneled walls, and coffered ceilings, along with a large formal dining room and a magnificent two-story foyer. The gourmet kitchen is outfitted with custom cabinetry and top-of-the-line appliances, perfect for both everyday living and entertaining.
A full temperature-controlled wine room adds a luxurious touch, while the first-floor primary suite offers a private sanctuary complete with a gas fireplace and two room-sized, fully fitted walk-in closets. The spa-like primary bath features a whirlpool tub and a custom glass-enclosed shower with body sprays and a rain shower head.
Upstairs, three ensuite bedrooms open to a walkout veranda overlooking the bay, providing incredible water views. A private sunroom with a gas fireplace offers year-round enjoyment.
Step outside to your own resort-style retreat featuring a brick pool house with a full bath, shower, and bar area. The freeform heated gunite saltwater pool is surrounded by beautifully designed outdoor spaces ideal for entertaining. The property is enhanced by an all-brick paver driveway and walkways, estate fencing, and a private gated entrance, creating a true sense of arrival and privacy.
With 175 feet of navy-style bulkhead, high elevation, and protective seawalls, this property is built for both luxury and peace of mind.
Additional features include:
Smart home technology
AI alarm and camera surveillance system
Whole-home surround sound
Energy Star efficiency
This exceptional waterfront estate represents the very best in luxury living on the South Shore.
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| Feb 7, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017