55 Columbia Street
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 3, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by HomeDax Real Estate LLC | $560,000 | |
| Listed by HomeDax Real Estate LLC | |||
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Situated on a quiet street in the heart of Islip, and within walking distance of the vibrant Main St. with its shopping, restaurants, and much more, this home boasts plenty of sunlight and is the one you've been searching for! This spacious home features a modern kitchen with stainless steel appliances, a cozy living room, hardwood floors throughout, a beautiful wood staircase and trim, and a separate dining room. The finished basement is great for office use, or just spending time with family, and also includes a brand new Navien hot water heater and boiler combo unit. With an updated Trex deck, paver patio, and built-in firepit, the backyard doesn't disappoint and is perfect for entertaining. Don't miss the opportunity to see this one-of-a-kind home!
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| Oct 5, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $339,000 | |
| Listed | |||
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Vintage Colonial In Islip Hamlet. The Feel Of Yesteryear With The Amenities Of Today. Enjoy An Updated Kitchen With Plenty Of Counter Space, Updated Baths With A Touch Of Vintage Flair, Newly Finished Hardwood Floors, Beautiful Original Woodwork And Staircase. Nicely Landscaped With A Deck And Large Shed In The Back Yard. Close To Town, Restaurants And Train Station. Listing brokered by Realty Connect USA L I Inc, contact Margaret Nenos at 631-881-4506 or [email protected]
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About Islip
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Data Source: OneKey MLS
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