51 Arbor Lane
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by Douglas Elliman Real Estate | $599,999 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to this expanded 4-bedroom, 3-bath Cape in Centereach featuring a full basement and freshly painted interior. Enjoy hardwood floors, a beautifully updated kitchen with new cabinets, and modern renovated baths. Step outside to your backyard retreat with a brand-new liner saltwater pool and newer mechanical filtration system. Added peace of mind comes with a new septic system. Move-in ready and waiting for you!
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| Oct 12, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2021 | In contract | - | |
| In contract | |||
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About Centereach
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017