58 Willets Drive
About This Property
The first floor offers an open-concept kitchen, a sunlit breakfast room with skylight, a formal dining room, and a cozy living room with an electric fireplace, plus a bedroom and full bath. Upstairs, a private primary suite is joined by two additional bedrooms and a second full bath. The finished lower level features a walk-out entrance to the backyard, a home office, family/recreation room, laundry area, and full bath.
Steps to the park and minutes to shops and the LIRR, with malls a short drive away and Muttontown Preserve nearby for hiking. A truly move-in ready home.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Compass Greater NY LLC | $1,388,888 | |
| Listed by Compass Greater NY LLC | |||
| Jan 8, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017