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69 Soundview Road
About This Property
This 3 bedroom 1 bath ranch-style home offers approximately 1,170 sq ft of living space, situated on a large, flat lot-a rare find that provides exceptional usability and future potential. The interior needs TLC, making it an ideal canvas for renovation or customization.
Major updates include a newer roof, siding, fence, patio and driveway, along with a newer burner, offering a solid foundation for improvements. The flat lot and structure present potential to add a second floor (subject to permits), making this an attractive option for end-users or investors seeking long-term value.
Located within the Great Neck Lakeville Elementary School zone and Great Neck South Middle and High School, one of the most desirable school districts on Long Island. Conveniently positioned with easy access to major highways, allowing for smooth commuting.
A fantastic opportunity to renovate, expand, or invest in a highly sought-after neighborhood. Sold as-is.
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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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Relisted | $1,350,000 | |
| Relisted | |||
| Mar 9, 2026 | In contract | - | |
| In contract | |||
| Feb 13, 2026 | Relisted | $1,350,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017