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11109 75th Road
About This Property
The main level features spacious living areas with a formal dining room that opens into the kitchen-ideal for everyday living and entertaining. Upstairs are three bedrooms and a full bath, while the finished basement includes an additional full bath with shower and a convenient laundry area. Enjoy a small private backyard along with access to a large, beautifully manicured residents-only garden. A deeded garage provides added convenience.
Ideally located between Austin Street and Queens Boulevard, close to shopping, dining, and multiple transportation options-including the LIRR to Penn Station and Grand Central, E/F/M/R subways, and express buses-this home seamlessly blends architectural character, community charm, and urban convenience.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017