98 Willets Drive
About This Property
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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 28, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | In contract | - | |
| In contract | |||
| Feb 13, 2023 | Listed by BERKSHIRE HATHAWAY | $749,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
| May 20, 2021 | No longer available | - | |
| No longer available | |||
| Apr 5, 2021 | Listed by Charles Rutenberg Realty Inc | $659,000 | |
| Listed by Charles Rutenberg Realty Inc | |||
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Large Flat Property- Room for Pool-Huge Kitchen-2 Fireplaces-Updated Roof-Central Air-200 Amp -Updated heating system-Upstair Master Suite w/F Bath-Lots of closet space and storage-Syosset Schools-Quite Nice Neighborhood-Close to all Shopping & Expressways- Only 30 Minutes and 25 Miles from Queens-Great Starter or Investment Home for area-Needs TLC
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017