138-40 68 Drive #A
About This Property
The manager has listed the unit size as 900 square feet.
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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%.
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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 |
|---|---|---|---|
| Oct 10, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Sold | ||
| Sold | |||
| Apr 11, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Mar 28, 2023 | Listed | $315,000 | |
| Listed | |||
| | |||
|
Excellent location! Corner unit with 2 Bedrooms And Full Bath Coop. Appx 900 Sq Ft. boasting hardwood floors as seen, updated galley kitchen with granite and stainless, nice wood cabinets. 10 Minutes Away to Downtown Flushing with Multiple Routes of Buses and 5 Minutes Bus Ride to Forest Hills Subway Station. Express Bus Stop Right on the Corner of The Building To Midtown In Just 30 Minutes. The Apartment is Well Maintained With Hardwood Floors as Seen. The Maintenance Includes All Except the Electricity. Corner unit alongside a beautiful Courtyard And Close to Main St W/Supermarket, Deli Discount Store etc. And Major Highways GCP, Van Wyck, LIE, And Jackie Robinson. Being sold AS IS.
| |||
| Jun 11, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2023
|
2 Bed
|
1 Bath
|
-
|
$315,000
2 Bed
1 Bath
|
-
-
|
Suzanne Wittenberg
Coach Real Estate Assoc Inc
| |
|
03/15/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$348,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Lian Loc
Keller Williams Rlty Landmark
| |
|
03/19/2013
|
2 Bed
|
1 Bath
|
-
|
$198,000
2 Bed
1 Bath
|
$180,000
-9.09%
10/02/2013
|
Millie Abrahmov
Astor Brokerage Ltd
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017