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450 Munsell Road
About This Property
Inside, the home has been thoughtfully rebuilt with all new insulation, sheetrock, spackle, fresh paint, updated trim, and sleek 3½-inch modern base molding throughout. Windows have been replaced with high-quality vinyl windows, improving energy efficiency and natural light. The entire electrical system has been upgraded with new wiring and a new electrical panel, along with all-new plumbing servicing the kitchen and both bathrooms. Additional upgrades include an electric hot water heater and electric baseboard heating with convenient wall-mounted thermostats.
The stunning new kitchen is the heart of the home, featuring an open-concept layout. It boasts white shaker cabinetry with pantry storage, granite countertops, and a full suite of brand-new modern appliances, including washer, dryer, dishwasher, refrigerator, stove, and microwave.
The first-floor primary bedroom offers comfort and privacy with a fully renovated en-suite bath showcasing a stand-up shower with subway tile, striking black grout, luxury black sliding glass doors, new vanity, toilet, and medicine cabinet. The second full bathroom has also been completely renovated and features a bathtub with sliding glass doors, subway tile with black grout, and a new medicine cabinet.
New luxury vinyl plank flooring flows seamlessly throughout the entire home. Additional improvements include a brand-new cesspool system, completing this truly turnkey property.
This is a rare opportunity to own a fully updated home offering modern style, quality craftsmanship, and peace of mind. Low Taxes!
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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 22, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$599,999
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$649,999
↓ $50K
(7.1%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by Douglas Elliman Real Estate | $699,999 | |
| Listed by Douglas Elliman Real Estate | |||
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About North Bellport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017