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Map
231 Willowood Drive
About This Property
This lovely Home is within close proximity to Shopping, Restaurants, LIRR, and Major Parkways! This Beautiful Expanded Ranch seamlessly blends Classic Charm and a Terrific floor plan. This Home boast 5 bedrooms and 2 Updated full Bathrooms, with a large spacious Livingroom and Dining Room featuring gleaming hardwood floors and a wood -burning fireplace. The home also offers a spacious Eat in Kitchen with White Cabinets and Tile flooring. This Home is beautifully landscaped featuring a Japanese Maple plant and inground Sprinkler System. The backyard has a Patio and Dog Run which is ideal for your outdoor enjoyment. The Home also has a 1 Car Garage and ample parking in the Driveway. Don't miss out on this terrific opportunity!!!
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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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Price Decreased |
$649,999
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Sep 20, 2025 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$699,000
↓ $21K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017