2423 Union Blvd, Islip, NY 11751

2 bd · 1 ba · 875 sqft · built 1970 · Islip · COOP·source listing ↗

$299,000

rent, three ways

OnePercent model (vv1)$2,505/mo

p10–p90 confidence band

HUD Fair Market Rent · 11751 · 2BR$2,810/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Suffolk

Flood risk indexRelatively Moderate FEMA NRI

Median household income$116,559

Median area rent$2,257/mo

Median home value$563,100

the verdict

0.84%vs 0.7% target

financing: 20% down · — (FRED, live) · 30yr

$299,000

0.84% · rent $2,505

Intrinsic value · income approach

$420,905

29% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.