51 Marvin Lane
About This Property
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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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Relisted | $719,999 | |
| Relisted | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by The Agency Northshore NY | $719,999 | |
| Listed by The Agency Northshore NY | |||
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You Have To See It To Believe It! This 5 Bedroom, 2.5 Bath Colonial Spans Over 2500SF Plus A 2 Car Detached Garage. With Large Rooms & Potential Primary Bedroom Options On Each Floor The Possibilities Are Endless. Couple That With The Oversized Kitchen, Parklike Backyard, Second Story Balcony & Basement For Storage - This One Checks All The Boxes! Other Amenities Include: Central Air, Hardwood Floors, Fireplace, Wood-burning Stove, Walking Distance To Town Docks & In A "X" Flood Zone (No Flood Required)
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About Islip
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$5,500 /mo
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$2,425 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017