332 Mineola AvenueCarle PlaceNY11514
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Carle Place at 332 Mineola Avenue, Carle Place, NY, 11514 priced at $699,000 pairs $5,365/mo rent with $697/mo cash flow after a $3,421/mo payment. Total monthly income equals $5,365/mo, and annual cash flow comes to $8,369/yr on $229,971 invested. Return on cash invested is 23.7% in year one, and rental yield stands at 9.21% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 123.78% and total cumulative return in cash reaches $284,666. For financing, Ziffy Mortgage’s DSCR program evaluates $5,365/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
5,000 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11514, Carle Place, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,883 (100%) |
| Owner Occupied HU | 1,312 (69.7%) |
| Renter Occupied HU | 487 (25.9%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $739,699 |
| Average Home Value | $779,566 |
Housing Distribution
Address Breakdown
Residential
1,697
Single Family
1,365
Multi-Family
332
Businesses
422
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-07 | Sold | $699,000 |
| 2025-08-14 | Pending sale | $679,000 |
| 2025-08-09 | Listing removed | $679,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-28 | N/A | N/A | $299 | N/A |
| 2022-10-28 | N/A | N/A | $299 | N/A |
| 2021-10-28 | $10121.37 | -17.08% | N/A | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1967
- Architectural Style: Colonial
- Building Area: 1,650
- Living Area: 1,650 sqft
- Property Condition: Actual
Features & Amenities
- Heating: Baseboard
- Cooling: Wall/Window Unit(s)
- Flooring: Carpet, Ceramic Tile, Linoleum, Tile, Wood
- Interior Features: First Floor Bedroom, First Floor Full Bath, Beamed Ceilings, Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Entrance Foyer, Formal Dining, Galley Type Kitchen, In-Law Floorplan, Pantry, Storage, Walk Through Kitchen
- Exterior Features: N/A
- Parking Features: Driveway, On Street
Location
- City: Carle Place
- State: NY
- Subdivision: N/A
- Lot Size: 5,000 sqft
- Lot Features: Back Yard, Front Yard, Garden, Landscaped, Level, Near Public Transit, Near School, Near Shops
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Rushmore Avenue School
- Middle School: Carle Place Middle Senior High Sch
- High School: Carle Place Middle Senior High Sch
What's Special
Partial,Pull Stairs
Listed by: Nancy A. Jarvis CBR • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #891839
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 21:18:08 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)