55 Island Road
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 |
|---|---|---|---|
| Nov 12, 2026 | Price Decreased |
$1,199,000
↓ $76K
(6%) | |
| Price Decreased | |||
| Oct 28, 2026 | Listed by Smith and Oak Real Estate Co. | $1,275,000 | |
| Listed by Smith and Oak Real Estate Co. | |||
| Oct 26, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 28, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 28, 2026 | Listed by OwnerEntry.com | $1,270,000 | |
| Listed by OwnerEntry.com | |||
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Set on Blueberry Island,55 Island Rd offers the wide-open water views that make this part of Lake Monomonac so memorable.Unlike the narrows,this setting looks out across expansive sweep of the lake.The home’s private feel and large Trex deck invite you to enjoy that view throughout the day. Spanning MA and NH, Lake Monomonac offers approximately 711 acres for boating, swimming, kayaking, waterskiing, and exploring.A boat is included with the sale - you can enjoy on day one!Inside,this 3-bedroom, 2.5-bath home offers approximately 2,496 square feet of living space,including a new second floor.The large primary suite features a 13x10 closet and a private bath with a separate glass enclosed shower/tub area.Improvements completed in 2020/21 include a metal roof, galv.steel oil tank,furnace,on-demand hot water htr,and whole-house re-insulation.With its Blueberry Island location,amazing views,and room to enjoy both home and water,this property offers a distinctive Lake Monomonac lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017