29
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39 Upper Drive
About This Property
Set in the Incorporated Village of Huntington Bay, this is a home built for bringing people together. A Belgian block circular drive sweeps past layered gardens to a crisp double brick facade, and inside, freshly painted rooms and gleaming hardwood floors give the home a bright, welcoming feel from the moment you arrive.
The living areas were made for entertaining. A vaulted ceiling, clerestory windows, and a wall of glass fill the rooms with sun, while an oversized fireplace with a hand carved mantel and a built in bar make hosting effortless. The dining room, richly detailed with hand carved paneling from the Astor Estate, opens to a veranda overlooking the property, a beautiful spot to take in the grounds. The kitchen, finished with wood cabinetry and granite counters, opens to a private brick walled patio, a welcoming setting for morning coffee or evening drinks with friends.
Designed for adaptable living, the floor plan features flexible bedroom suites with en suites and lounge areas. A lower level retreat and an all season solarium add even more versatility to the home.
Outside, the spacious grounds unfold like a private park, with mature maples, seasonal blooms, and walled patios that invite guests to spread out and settle in. At its heart, a wonderful heated in ground pool and spa are wrapped by a generous deck, complete with a hand painted poolside mural by noted Long Island artist Hans Gabali, a detail you will not find anywhere else. Even the two car garage is heated and air conditioned.
The community offers the added privacy of private roads and its own police department. Minutes to Huntington's beaches, town, and marinas, and within an hour of Manhattan, this is a warm, gracious home for a buyer who loves to entertain and live close to the water.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Relisted | $1,700,000 | |
| Relisted | |||
| Jul 16, 2026 | Price Decreased |
$1,700,000
↓ $199K
(10.5%) | |
| Price Decreased | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 29, 2026 | Listed by Compass Greater NY LLC | $1,899,000 | |
| Listed by Compass Greater NY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017