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9 Brook Place
About This Property
Located in close proximity to the Long Island Railroad station, this home makes commuting to New York City quick and easy - about an hour door to door. You have convenient access to major roads such as Sunrise Highway and the Southern State Parkway, making getting around simple. Shopping, dining, and everyday essentials are all close by, with plenty of malls and local spots nearby. If you like being outdoors, you are near several marinas, Timber Point Golf Course, and Heckscher State Park. You are also just a short trip to either the Sayville or Bay Shore ferries which bring you to Fire Island. This house is conveniently located to enjoy all that the Islip and Bay Shore areas have to offer. A fantastic opportunity to own in a great location close to everything you need. Come see all this property has to offer and make it your next home!!!
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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.
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About East Islip
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,150 /mo
- 1 Bed
- 1 Bath
- 620 ft²
$4,500 /mo
- 3 Beds
- 2 Baths
- 1,200 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017