156-02 46th Avenue
About This Property
Welcome to this sun-filled, fully detached single-family home situated on a desirable corner 40 x 100 lot in the heart of Flushing. With excellent natural light from all exposures, this home offers a functional layout and outstanding potential for customization or expansion.
Featuring bright and airy living spaces, a formal dining room, and an eat-in kitchen, the home also includes 2.5 bathrooms, a private backyard, and two-car garage parking. The corner positioning provides added privacy, flexibility, and enhanced curb appeal-making this a rare opportunity in today's market.
Conveniently located near shopping, restaurants, parks, and public transportation, this property offers both comfort and convenience in one of Flushing's most sought-after neighborhoods.
Perfect for end-users or investors - a fantastic opportunity to own and add value. Don't miss it!
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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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About Northeastern Queens
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017