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Map
2 Queen Drive
About This Property
Welcome to 2 Queen Drive! This home sits on a corner piece of property. Complete with 5 spacious bedrooms, 3.5 bathrooms, and with proper permits could potentially be a mother/daughter. Including the fully furnished basement with an outside entrance, all 3 levels of this home include a bedroom(s), bathroom, and living room. Admire views of the L.I. Sound & the coastine of CT 9 months out of the year, and with summer almost here you can enjoy your private beach rights within 2 MINUTES from your home! That's less time than it takes to make a cup of coffee! And after a day of fun in the sun arrive back home to a private & secluded backyard with endless possibilities + a spacious deck for entertaining. For additional storage this home includes a room on the basement level as well as a 5ft tall attic that encompasses the entire length & width of the home. Brand new doors, fans & lighting throughout, but still room for a ton of potential to even further update this home especially at such a great price point. Deli, restaurants, shopping, & laundry all conveniently located! Beach living, on Long Island, at this price!? with low taxes!..you can't beat it! Make this house your home today. Could be sold with 4 queen drive!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by Signature Premier Properties | $499,000 | |
| Listed by Signature Premier Properties | |||
| Jun 22, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 11, 2024 | Price Decreased |
$499,999
↓ $50K
(9.1%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017