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719 3rd Street
About This Property
The main level offers 3 bedrooms, 1 full bath, an eat-in kitchen and laundry, with second floor featuring 2 additional bedrooms, 1 full bath and a private deck. The full finished basement adds even more usable space with a separate outside entrance, creating incredible flexibility for extended living, home office or potential accessory apartment with proper permits.
With updated interiors, multiple levels of living space and a layout that offers so many possibilities, this is an incredible opportunity for buyers looking for space, flexibility and long term potential. Must see!!
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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 |
|---|---|---|---|
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed by Douglas Elliman Real Estate | $879,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About West Babylon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017