52 Marvin Lane
About This Property
A welcoming front porch sets the tone and leads into a gracious interior featuring a formal living room, formal dining room, and a warm, inviting den/library with custom built-ins and walk-out access to the property.
The centerpiece of the home is the newly renovated eat-in kitchen, beautifully appointed with custom mahogany cabinetry, granite countertops, travertine tile backsplash, Viking gas cooktop with commercial-grade exhaust, Sub-Zero refrigerator, Bosch dishwasher, microwave, wet bar with second sink, pantry, and custom mahogany table, all complemented by rich oak flooring.
Additional highlights include a partially finished walk-up attic, walk-out basement, new gas furnace, central air conditioning, full-house gas generator, and a new 50-year architectural roof.
The property also features a detached two-car garage with heat, workshop, and second-floor loft, two driveways, and park-like grounds with in-ground sprinkler system, offering privacy and exceptional outdoor enjoyment.
A rare opportunity to own a true Victorian gem with modern luxury and enduring craftsmanship. Taxes: $17325.79
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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.
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.
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About Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017