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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, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Michael J Watts & Assoc Inc | $729,999 | |
| Listed by Michael J Watts & Assoc Inc | |||
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This beautifully restored Colonial is located in a prime residential block, just south of Montauk and in close proximity to the vibrant Main St. area, offering a variety of restaurants, charming boutiques, and local beaches. This home features a bright and open floor plan, with an updated eat-in kitchen and stainless steel appliances. With 4 spacious bedrooms and 2 full baths, this property offers comfort and style. The meticulously maintained grounds include new brick pavers and a charming gazebo, perfect for outdoor relaxation and entertainment. A true gem in a highly desirable area!
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| Mar 25, 2016 | Sold | ||
| Sold | |||
| Feb 15, 2016 | Sold | ||
| Sold | |||
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About Islip
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$3,150 /mo
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- 1 Bath
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$1,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017