87 Islip Avenue
About This Property
Welcome to this beautifully maintained 1920s Craftsman-style home, where timeless architectural character meets thoughtful modern updates. From the moment you arrive, the exceptional care and attention to detail are evident. Completely turnkey and truly move-in ready, this meticulously maintained home is filled with warmth, charm and character at every turn.
Start your morning with coffee on the inviting front porch, then step inside to discover gorgeous hardwood floors, a cozy gas fireplace, original architectural details and an abundance of natural light. The expanded kitchen beautifully blends the character of the home with modern convenience, featuring restored glass-front cabinetry, granite countertops, modern appliances and a breakfast bar.
Throughout the home, you'll find coffered ceilings, custom built-ins and thoughtful storage solutions, all seamlessly complementing the Craftsman design.
Upstairs are two generously sized bedrooms and two beautifully updated full baths, offering both comfort and functionality.
The beautifully finished basement adds valuable living and entertaining space and features both interior and exterior entrances, along with a dedicated laundry room with washer and dryer. The home is also equipped with 200-amp electric service.
Outside, the property truly shines. The beautifully landscaped grounds, spacious entertaining backyard and outdoor balcony create wonderful spaces to relax, entertain and enjoy the outdoors. There's also ample additional parking, along with a detached one-car garage-an incredible bonus for this location.
Major updates include an updated roof and 200-amp electric service, with the driveway updated in 2012, providing peace of mind for the next owner.
Located in the heart of Islip, you're just minutes from the LIRR, shopping, restaurants and everything this wonderful community has to offer.
A rare combination of original Craftsman charm, modern updates, beautiful grounds and true turnkey condition-this is a home you can simply move in and enjoy.
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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%.
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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 12, 2026 | Listed by Douglas Elliman Real Estate | $625,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jul 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 23, 2026 | Listed by Coldwell Banker American Homes | $625,000 | |
| Listed by Coldwell Banker American Homes | |||
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Welcome to this 1920's Craftsman style home in the heart of Islip. Impeccably maintained, bright and light, this home is full of charm! Start your day with a cup of coffee on the quaint Front Porch then step inside to beautiful Hardwood Floors, a cozy Gas Fireplace, and an Expanded Kitchen with Restored Glass Cabinetry, Granite Countertops, Modern Appliances and a Breakfast Bar. Coffered ceiling & Built-ins at every turn blend craftsmanship with clever, space-saving storage all while complementing the architectural style of the home. 2 generously sized bedrooms on the second floor. 2 Full Updated Baths. Finished Basement with Outside Entrance and 2 interior entrances. Updated Roof, Driveway 2012. Complete with a one-car detached garage, this adorable home is just minutes from the LIRR, local shopping, and restaurants. A must-see property!
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| Jun 28, 2016 | Sold | ||
| Sold | |||
| Feb 1, 2016 | Listed by Douglas Elliman Real Estate | $289,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017