136-19 Booth Memorial Avenue
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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Price Increased |
$1,680,000
↑ $60K
(3.7%) | |
| Price Increased | |||
| Jun 17, 2024 | Listed by Keller Williams Rty Gold Coast | $1,620,000 | |
| Listed by Keller Williams Rty Gold Coast | |||
| | |||
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Discover the potential of this prime corner property situated in the highly coveted area of Flushing, Queens. Spanning an impressive lot size of 4,897 sq ft and boasting R4 zoning, this property offers a substantial buildable square footage of approximately 3,672-perfect for developing a multi-family residence. Buyers are encouraged to verify these details with an architect. This property is strategically located with excellent access to local amenities, top-tier hospitals, and public transportation, and is in close proximity to major highways. Flushing is renowned for its vibrant cultural diversity, bustling commercial centers, and a wealth of dining, shopping, and entertainment options, making it an ideal location for residential development.
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| Apr 1, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017