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62 Craig Road
About This Property
Step inside to discover gleaming custom wood floors, elegant shiplap accent walls, and a sun-filled living room featuring a charming window seat and cozy gas fireplace. The stunning gourmet kitchen is truly the heart of the home, showcasing a massive center island with pendant lighting, gorgeous designer backsplash, top-of-the-line appliances, and a built-in desk for added convenience.
The spacious lower-level suite offers its own inviting living space complete with a second gas fireplace, creating warmth and privacy for extended-stay guests or however you see fit. The oversized primary bedroom provides a true retreat, while the home's thoughtful layout offers versatility for today's lifestyle.
Enjoy entertaining on the large rear deck overlooking serene parkland views, plus two backyard sheds for additional storage. Additional features include a 1.5-car attached garage, oversized four-car driveway, gas heating, and renowned East Islip School District.
This exceptional home combines timeless charm, modern upgrades, and an unbeatable location - a rare opportunity that won't last!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Listed by Douglas Elliman Real Estate | $725,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
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Price/ft²
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About North Great River
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017