31 Drew Street
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Listed by Charles Rutenberg Realty Inc | $729,000 | |
| Listed by Charles Rutenberg Realty Inc | |||
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Discover this charming 3-bedroom, 1-bath Colonial home in the heart of Valley Stream, NY. Beautifully renovated with modern touches, this residence boasts stunning wood flooring throughout, a sleek granite countertop kitchen, and a spacious full finished basement with a separate entrance—perfect for additional living space. The property features a wide driveway for ample parking and a detached garage for convenience. Numerous upgrades throughout make this home move-in ready and ideal for comfortable living. Don’t miss the opportunity to make this lovely house your new home! Close to all! Photos coming soon.
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| Jun 21, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017