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451 Gibbs Pond Road
About This Property
Thoughtfully designed for comfort and flexibility, the home features a versatile "room for Mom" or guest suite, ideal for extended family or multigenerational living. Blending efficiency with modern convenience, the property includes newly paid-off solar panels, forced air heating and cooling, and a brand-new rain-sensor in-ground sprinkler system to keep the lush landscaping beautifully maintained.
Situated on over half an acre of vibrant greenery, this backyard oasis was made for entertaining, complete with a sparkling in-ground pool, a brand-new PVC privacy fence, and an oversized newly paved driveway accommodating 10+ vehicles with ease.
With taxes already successfully grieved and reduced, this exceptional home offers incredible value, privacy, and tranquility. A true hidden gem that will not last long!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| May 31, 2026 | Price Decreased |
$780,000
↓ $35K
(4.3%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Market Match Real Estate Corp | $815,000 | |
| Listed by Market Match Real Estate Corp | |||
| Feb 1, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
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Sold On
About Lake Ronkonkoma
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017