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Syosset 11791 Syosset
38 Willets Drive
$843,000
● House - Off Market

38 Willets Drive

Oyster Bay, NY 11791
bedrooms
4 Beds
bathrooms
2 Baths
$808,262
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Well maintained Expanded Cape, Newly updated Bathrooms and Kitchen,Gas Heating and Energy Efficient Ductless Split AC-total 6 units,New Paver Patio and huge Balcony for perfect Entertainment, Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,178
HOA Dues
-
Year Built
1954

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (OneKey MLS #KEYL3394232)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 9, 2022 In contract -
In contract
Apr 26, 2022 Listed by Winzone Realty Inc $799,000
Listed by Winzone Realty Inc
Jun 9, 2006 Sold
Premium
Sold
Sep 5, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 014

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 014
  • Census Tract: 518300

Geography

  • District: 282489
  • Section: 15
  • Parcel: 15-037-00-0321
  • Block: 37
  • Lot: 321
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8157
  • Longitude: -73.506

    Address

  • Full Address: 38 Willets Dr
  • Address - House Number: 38
  • Address - Street Name: Willets
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Syosset
  • Carrier Code: C009
  • 4-Digit Zip Code: 3917
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,238,801
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 805,806
  • High Value: 949,724
  • Low Value: 661,887

    Market Valuation

  • Market Total Value: $539,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539
  • Assessed Land Value: $251
  • Assessed Improvements Value: $288

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-75633
  • Previous Sale Recording Date: Jun 09, 2006
  • Previous Sale Contract Date: May 31, 2006
  • Previous Sale Amount: $534,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Syosset

Stats & Trends

Median Asking:

$1,249,000

Sale Price/ft²

$600

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2860 ft²

Average Home Age

47.9 years

Currently For Sale

38 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 28 Fern Drive, Jericho, NY, 11753

$9,900 /mo

  • 5 Beds
  • 4 Baths
  • 4,000 ft²
28 Fern Drive, Jericho, NY, 11753 Listing by Lina Shi RENE
Unit for rent at 41 Eaton Road, Syosset, NY, 11791

$6,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
41 Eaton Road, Syosset, NY, 11791 Listing by Jacqueline M. Lobo CBR
Unit for rent at 229 Route 106, Muttontown, NY, 11753

$8,800 /mo

  • 6 Beds
  • 4 Baths
  • 4,323 ft²
229 Route 106, Muttontown, NY, 11753 Listing by Shahid Satti

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 38 Willets Drive built and last sold?
The property at 38 Willets Drive was built in 1954 and last sold on Jun 29, 2022 for $843,000.
How much is this home worth?
The estimated value of the home located at 38 Willets Drive is $806,990.
What are some comparable homes to 38 Willets Drive?
There are currently no comparable homes to 38 Willets Drive.
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