13817 64th Avenue
About This Property
Conveniently located near major highways including the Long Island Expressway (I-495), Van Wyck Expressway (I-678), and the Grand Central Parkway, making commuting a breeze. Public transportation is easily accessible via the Q20 and Q44 bus lines along Main Street, providing direct access to Downtown Flushing and connections throughout the city. Nearby attractions include Flushing Meadows-Corona Park, where you can enjoy walks, boating, and outdoor activities, as well as the Queens Botanical Garden. Close proximity to NewYork-Presbyterian Queens and Queens College adds to the home's overall convenience and appeal. Let's make this your next home!
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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