119-50 27 Avenue
About This Property
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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%.
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Price Decreased |
$858,000
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed by Chase Global Realty Corp | $888,000 | |
| Listed by Chase Global Realty Corp | |||
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Move-in ready single-family home in the heart of Flushing. Semi-detached with excellent natural light and ventilation. Well-maintained condition—five-year-new roof. Perfect for self-use or as an investment property.
Property Highlights:
• Lot size: 20*100 ft
• Zoning: R4 — offering future development potential
• Comfortable layout:
• First Floor: spacious living room, kitchen, and dining area
• Second Floor: 3 bedrooms, 1 full bath
• Lower Level: separate entrance, large open space, 1 full bath
• Private garage for convenient parking
• Low annual property tax: approx. $5,296
Location Benefits:
• Only 2-minute walk to Q65 bus stop
• Around 20+ minutes’ walk to Downtown Flushing / Main Street
• Quiet residential neighborhood, close to schools, supermarkets, and parks
Delivered vacant—easy to show and close. Must see!
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| Aug 26, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017