48 Tanglewood 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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $639,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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his charming ranch has been thoughtfully expanded from its original design, creating a spacious and open floor plan. Large bay windows at the front and back fill the home with natural light, and hardwood floors are featured in many rooms. The generous den offers a cozy atmosphere with a wood-burning fireplace and custom-built shelving. The primary bedroom has been enlarged, and its bath has radiant heat. Its updates include a new roof , CAC, windows and a brand-new cesspool. The basement provides an opportunity for more recreation space, while the one-car garage offers additional storage. The rear deck and yard are ideal for quiet enjoyment or gracious entertaining. Centrally located near shopping, fine dining, and major highways. Hauppauge Schools.
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About Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017