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Joshuas Path Apartments 1887 Joshuas Path 4 Unit Apartment Building $1,631,052 CAD ($407,763 CAD/Unit) 7.83% Cap Rate Central Islip, NY 11722
INVESTMENT HIGHLIGHTS
- Possible student housing and Airbnb opportunities, centrally located.
- Close shops, transportation, airport.
EXECUTIVE SUMMARY
Portfolio sale of 1889 Joshuas Path and 1887 Joshuas Path apartments, rooms for rent, office and parking spaces.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$169,901
|
$42.48
|
| Other Income |
$2,447
|
$0.61
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$172,348
|
$43.09
|
| Taxes |
$19,029
|
$4.76
|
| Operating Expenses |
$25,825
|
$6.46
|
| Total Expenses |
$44,854
|
$11.21
|
| Net Operating Income |
$127,494
|
$31.87
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $169,901 |
| Annual Per SF | $42.48 |
| Other Income (CAD) | |
|---|---|
| Annual | $2,447 |
| Annual Per SF | $0.61 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $172,348 |
| Annual Per SF | $43.09 |
| Taxes (CAD) | |
|---|---|
| Annual | $19,029 |
| Annual Per SF | $4.76 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $25,825 |
| Annual Per SF | $6.46 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $44,854 |
| Annual Per SF | $11.21 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $127,494 |
| Annual Per SF | $31.87 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Wi-Fi
- Yard
- Grill
- Basement
- Breakfast Nook
- Dining Room
- Family Room
- Garden
- Lawn
- Linen Closet
- Mother-in-law Unit
- Office
- Pantry
- Patio
- Smoke Free
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Business Center
- Courtyard
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Playground
- Security System
- Car Wash Area
- Pet Play Area
- Recycling
- Smoke Free
- Trash Pickup - Curbside
- Wi-Fi
- Storage Space
- Bicycle Storage
- Car Charging Station
- Community-Wide WiFi
- Multi Use Room
- Public Transportation
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PROPERTY TAXES
| Parcel Number | 0500-097-00-01-00-075-000 | Total Assessment | $66,154 CAD (2024) |
| Land Assessment | $12,901 CAD (2024) | Annual Taxes | $19,029 CAD ($4.76 CAD/SF) |
| Improvements Assessment | $53,253 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
0500-097-00-01-00-075-000
Land Assessment
$12,901 CAD (2024)
Improvements Assessment
$53,253 CAD (2024)
Total Assessment
$66,154 CAD (2024)
Annual Taxes
$19,029 CAD ($4.76 CAD/SF)
Tax Year
2025
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Joshuas Path Apartments | 1887 Joshuas Path
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