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Syosset 11791 Syosset
88 Willets Drive
Photo of 88 Willets Drive
Sold on Aug 5, 2025

30

Map

Photo of 88 Willets Drive
Photo of 88 Willets Drive
$1,625,000
● House - Off Market

88 Willets Drive

Oyster Bay, NY 11791
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$9,309
Est. Monthly
2.58%
Cap Rate

About This Property

Amazing Opportunity to own 4 Year Young New Construction Turn Key Colonial! Enjoy summer entertaining in your new home! Loaded with many Upgrades & Extras including Automatic Hunter Douglas Power View Motorized Blinds, Whole House Generac Generator, Caesarstone Quartz Carrera Countertops & Back Splash in Kitchen, Smart LED Mirrors in All Bathrooms, Custom Closets throughout & 8 Foot BASEMENT with outside entrance!! Open floorplan, Double Entry Foyer, Wood Floors Throughout, Crown Molding & Box Moldings, Master Bedroom En-Suite with Walk-In closet, 3 Oversized bedrooms, Designer Baths, True Chef's Kitchen with Gas cooking & Expansive Den with Gas Fireplace & Custom Built-Ins! BEST Location near shopping, restaurants & transportation! Syosset Schools South Grove Elementary!
Unit Size
3,000 Ft²
Days on Market
69 days
Land Size
0.14 acres
Price per sqft
$533
Property Type
House
Property Taxes
$1,457
HOA Dues
-
Year Built
1954

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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: 2 years ago (OneKey MLS #KEY863147)

Price History

Date / Event Date Event Price
Aug 5, 2025 Sold
Premium
Sold
Jun 5, 2025 In contract -
In contract
May 28, 2025 Listed by Coldwell Banker American Homes $1,599,000
Listed by Coldwell Banker American Homes
Aug 25, 2021 Sold
Premium
Sold
Dec 9, 2020 In contract -
In contract
Show More

Property Highlights

Garage
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: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • 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: 6,240
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,299
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 15-057-00-0054
  • Block: 57
  • Lot: 54
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8128
  • Longitude: -73.5089

    Address

  • Full Address: 88 Willets Dr
  • Address - House Number: 88
  • Address - Street Name: Willets
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Syosset
  • Carrier Code: C009
  • 4-Digit Zip Code: 3920
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,691,060
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 756,081
  • High Value: 878,091
  • Low Value: 634,071

    Market Valuation

  • Market Total Value: $553,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $553
  • Assessed Land Value: $315
  • Assessed Improvements Value: $238

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-116614
  • Previous Sale Recording Date: Nov 23, 2020
  • Previous Sale Contract Date: Nov 12, 2020
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: 12
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:

$1,244,444

Sale Price/ft²

$611

Below Asking

0.01%

Average Days on Market

91

Average Home Size

3002 ft²

Average Home Age

43 years

Currently For Sale

37 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 14 Hicks Avenue, Syosset, NY, 11791

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,071 ft²
14 Hicks Avenue, Syosset, NY, 11791 Listing by Batul N. Morbi GRI
Unit for rent at 7 Pine Street, Plainview, NY, 11803

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,793 ft²
7 Pine Street, Plainview, NY, 11803 Listing by Matthew DeVercelly
Unit for rent at 6 Dawes Avenue, Syosset, NY, 11791

$4,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,453 ft²
6 Dawes Avenue, Syosset, NY, 11791 Listing by Myung Hee Yoon CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 88 Willets Drive built and last sold?
The property at 88 Willets Drive was built in 1954 and last sold on Aug 25, 2021 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 88 Willets Drive is $1,625,389.
What are some comparable homes to 88 Willets Drive?
There are currently no comparable homes to 88 Willets Drive.
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