5 Third Avenue
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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 |
|---|---|---|---|
| Sep 6, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Apr 23, 2023 | In contract | - | |
| In contract | |||
| Apr 13, 2023 | Listed by The Agency Northshore NY | $570,000 | |
| Listed by The Agency Northshore NY | |||
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This charming home has 3 large size bedrooms and 1.5 baths with an additional room that can be used as a den/office on the first level. There is an additional sewing room in the updated bathroom on the second level, perfect for a large closet system. Full finished basement with OSE to the backyard. The roof and gutters are about 5 years young, newer thermal storm windows, new generator connected to the gas line. Can't forget about the spacious detached 2 car garage. Home features two Lots 60&59, each lot is .13 acres. The vacant lot is buildable. Tax breakdown: Lot 60 is $9,597.46 and Lot 59 is $1611.84. This home is a must see!
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| Apr 2, 2023 | Listed by The Agency Northshore NY | $570,000 | |
| Listed by The Agency Northshore NY | |||
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About East Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017