61 Ocean Avenue
About This Property
A grand entryway and sweeping staircase introduce an impressive interior showcasing original details, exposed wood beams, hardwood floors and multiple fireplaces. The formal living room features a wood-burning fireplace, while the chef's kitchen is appointed with top-of-the-line appliances, a striking 10-foot island, exposed beams and an original fireplace converted to gas. An adjacent pantry and laundry area add convenience.
The main level continues with a dramatic family room featuring soaring cathedral ceilings and a gas fireplace, along with a spacious office or optional bedroom with its own fireplace.
A custom rear staircase leads to the serene primary suite overlooking the picturesque park-like grounds. The luxurious en-suite bath features a freestanding soaking tub, oversized walk-in shower with multiple body sprays and a custom walk-in closet. Additional bedrooms, full bathrooms and a second laundry area complete the second level.
Ascend the home's original winding staircase to the third story, where additional bedrooms and a spacious recreation room offer exceptional versatility, complemented by abundant closets and a finished storage room.
Outside, expansive park-like grounds create a private outdoor oasis highlighted by a beautifully designed, fully fenced heated saltwater in-ground pool. A dedicated pool house/cabana with a changing room and full bathroom enhances the resort-style setting, while an additional shed provides convenient storage. The detached two-car garage is equipped with a Tesla Universal Wall Connector for EV charging.
A rare opportunity to experience the history, craftsmanship and architectural character of an 1850s residence beautifully enhanced for modern living in the heart of Islip.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$1,850,000
↓ $299K
(13.9%) | |
| Price Decreased | |||
| Aug 24, 2026 | Listed by OverSouth LLC | $2,149,000 | |
| Listed by OverSouth LLC | |||
| May 29, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by OverSouth LLC | $1,275,000 | |
| Listed by OverSouth LLC | |||
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Welcome to this exceptional 1850s Colonial in the heart of Islip, where timeless elegance is seamlessly paired with modern luxury. A grand entryway with a sweeping staircase introduces an expansive floor plan and impressive chef’s kitchen creating an ideal setting for both everyday living and refined entertainment. The formal living room includes a wood-burning fireplace, offering warmth and charm for intimate gatherings and holiday celebrations. The eat-in kitchen is appointed with top-of-the-line appliances, a striking 10-foot island, and is enhanced by an original converted gas fireplace and exposed wood beams that beautifully honor the home’s historic character. Adjacent to the kitchen is a pantry and laundry. The breathtaking room showcases soaring cathedral ceilings and a gas fireplace, creating a warm and inviting space. The main level also includes a spacious office or optional bedroom with fireplace. A custom rear staircase leads to the serene primary suite, designed to capture picturesque views of the park-like grounds. The en-suite bath features a walk-in shower with multi-body sprays, freestanding tub and a walk-in custom closet. Four additional bedrooms and two full bathrooms (with a second laundry area) complete this level. Ascend the home’s original winding staircase to the third level, offering two bedrooms and a spacious recreation room ideal for movie and game nights. You’ll also find an abundance of storage closets and a finished storage room on this level. The outdoor living experience is further enhanced by a beautifully designed and fully fenced in pool area, as well as a detached two-car garage which contains a pool cabana, complete with a changing room and full bath. This remarkable residence masterfully blends historic charm with modern amenities offering a truly exceptional lifestyle and the quintessential Islip dream home!
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About Islip
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$6,350 /mo
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$3,025 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017