7 Connelly Dr, Lake Grove, NY 11755

1 bd · 1 ba · 500 sqft · built 1930 · Lake Grove · SINGLE_FAMILY·source listing ↗

$339,000

rent, three ways

OnePercent model (vv1)

$2,244/mo

p10–p90 confidence band

HUD Fair Market Rent · 11755 · 1BR$2,460/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$119,364

Median area rent$2,157/mo

Median home value$601,600

the verdict

0.66%vs 1.0% target

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

$339,000

0.66% · rent $2,244

Intrinsic value · income approach

$380,124

11% 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.