45 Colony Lane
About This Property
The second level showcases an open-concept living room, dining area, and kitchen filled with natural light, with sliders leading to a large Trex deck-ideal for family gatherings and outdoor entertaining. On the third level, you'll find an additional en-suite bedroom with a brand-new full bath, two more generously sized bedrooms, and a beautifully updated hallway bathroom. The lower level is designed for entertaining, featuring a luxury full bath and a separate laundry room with a brand-new LG washer and dryer. All bathrooms boast floor-to-ceiling tile, LED lighting, rain shower heads, and illuminated LED mirrors. Exterior upgrades include a new stone facade, updated steps and walkway, a fully fenced yard. Additional enhancements include fresh paint, new moldings, and high-end fixtures throughout.
Centrally located just 0.2 miles from South Grove Elementary School and 0.4 miles from the Syosset Public Library, this home offers both convenience and community at your doorstep. Waiting for you move in and enjoy.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$1,350,000
↓ $10K
(0.7%) | |
| Price Decreased | |||
| Feb 18, 2026 | Listed by Realty Connect USA L I Inc | $1,359,900 | |
| Listed by Realty Connect USA L I Inc | |||
| Nov 6, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017