86 Gerald 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 |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Mar 11, 2025 | Listed by Peconic Realty Group LLC | $529,900 | |
| Listed by Peconic Realty Group LLC | |||
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Welcome to this charming ranch-style home in the Lewin Hills neighborhood of Wading River! Offering over 2,000 sq. ft. of living space, this 3-bedroom, 2-bathroom home sits on a generous half-acre lot, providing plenty of room to relax and entertain.
Step inside to find a bright and airy layout, stainless steel appliances, move-in-ready conditions. The expansive back deck overlooks a peaceful yard featuring a large pond with waterfall. Ideal for summer gatherings and outdoor enjoyment. Additional highlights include a one-car garage and a prime secluded location on Long Island near renowned North Shore wineries, farms, restaurants, and shopping. Solar Panels are owned and will transfer to new owner. Electric bill is $12/monthly from March thru November. Home has radiant floor heating that is currently not being used, can easily be hooked up by new owner.
Don’t miss this opportunity to own a beautiful & quiet home in the sought-after Lewin Hills community! Schedule your private showing today. Lewin Hills Association fee only $200 annually. Peconic Tax Applies
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| Apr 10, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017