618 Corwin 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 |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Price Decreased |
$545,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Sep 24, 2025 | Price Decreased |
$560,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 24, 2025 | Listed by William Raveis New York LLC | $570,000 | |
| Listed by William Raveis New York LLC | |||
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Discover the charm of our ideally situated home in Riverhead! Nestled in the heart of Long Island’s East End, this home offers the ultimate convenience and lifestyle. Minutes from the best beaches, wineries, shopping, and dining, you’ll enjoy the perfect balance between coastal relaxation and modern living.
With easy access to the LIE and major transportation, commuting is a breeze — whether you’re headed to the Hamptons, the North Fork, or NYC. This property isn’t just a home; it’s your gateway to the best of Long Island living. Beautifully renovated home with open layout and hardwood floors throughout.
This property has a 2 car detached garage, extra long driveway and full basement for plenty of storage. The house has a C/O as a 3 bedroom, the dining area can easily be changed back to the 3rd bedroom. Plus large bonus finished attic with walk up steps offers potential for expansion. Enjoy the stone patio with firepit perfect for a BBQ. Sold as is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017