88 Longfellow Drive
About This Property
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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.
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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 13, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| Apr 27, 2024 | Listed by Howard Hanna Coach | $539,000 | |
| Listed by Howard Hanna Coach | |||
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Charming raised ranch with unbelievably low taxes: $5210.87 with basic Star exemption. Located in the desirable San Remo area on a delightful .31 acre lot in a natural setting with wood vegetable and flower boxes, tons of flowers and flowering trees and bushes. You are within walking distance to several nature trails. Nearby Nissequogue river state park and bluff, Sunken Meadow state park with golf course, boardwalk and hiking trails. Walk down the street to the river & pizza place with benches and a park for the kids to play. There also is a park on St Johnland rd within walking distance. Visit the Smithtown Landing golf course which features an 18 and a 9-hole par three course called "The learning links". Enjoy 3 pools; all for a discounted fee for residents. For a small fee consider joining the San Remo civic association. This enables you to use the launch for your kayak, canoe and jet ski. Enjoy movie nights, music festivals, Easter egg hunts and parties. Become a part a close-knit community. Visit sanremocivic.com for more info. Outside was just freshly painted April 2024. Roof redone in spring of 2021. Great-room on upper floor has an open floor plan, recessed lighting and wood burning fpl. Beautiful wood floors. Lots of windows, flooding the room with natural light. Step in to an inviting, enclosed front porch which adds charm to the house. Updated eat-in kitchen with granite c-tops, S/S appliances, maple Shaker-style cabinets. Recessed lighting. Lower level has updated porcelain, wood look floors. Easy maintenance! Open layout downstairs featuring kitchen, dining area, den and large fbath with tub and updated toilet. Outside entrance to covered patio. Pantry closet under the stairs. Primary bedroom with beautiful custom moldings, ample walk-in closet, recessed lighting over the bed and an en-suite. Bathroom in primary bedroom has updated pedestal sink, linen closet, new toilet & floor. A total of 4 bedrooms on upper floor. Pella windows upstairs, all replaced between 5 and 10 years ago. Downstairs windows are original. Raised panel interior doors. Neutral d?cor. Pull down attic. 1 ceiling fan. Laundry room and storage area with 5/6-year-old washer and dryer. Storage shed included. 200-amp electric service. Kings Park school district. Parkview elem KG-03, RJO interm 4-6, William T Roger 6-8. And Kings Park H.S 9-12. Average student teacher ratio is a desirable 11.1. Easy commute using the Sagtikos Parkway and LIRR.
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| May 20, 2014 | Sold | ||
| Sold | |||
| Sep 13, 2013 | Listed by Howard Hanna Coach | $347,000 | |
| Listed by Howard Hanna Coach | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017