33
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159 South Drive
About This Property
The main level offers spacious living and dining areas with abundant natural light, creating an inviting atmosphere throughout. The thoughtfully designed floor plan provides generous room sizes and flexible living spaces to accommodate a variety of needs.
The property offers convenient access to shopping, restaurants, parks, major roadways, and public transportation. Located within the Herricks School District, this residence presents an opportunity to own a spacious home in a desirable Nassau County location.
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What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Jun 25, 2026 | Listed by Tru International Realty Corp | $1,690,000 | |
| Listed by Tru International Realty Corp | |||
| Oct 22, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017