171-03 45th Avenue
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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.
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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 22, 2026 | Price Decreased |
$1,460,000
↓ $120K
(7.6%) | |
| Price Decreased | |||
| Oct 5, 2026 | Listed by Prime Realty | $1,580,000 | |
| Listed by Prime Realty | |||
| Dec 18, 2024 | Listed | $1,550,000 | |
| Listed | |||
| | |||
|
Exceptional Potential with R2A Zoning & 0.5 FAR for a 3,000 sq ft Residential Mansion (Verify with Architect)
This meticulously detailed home offers both comfort and style, perfect for everyday living and entertaining. Ideally located on a spacious 60 ft x 100 ft corner lot in desirable Flushing, Queens, this charming detached brick Colonial home features a harmonious blend of inviting spaces, ample natural light, and timeless appeal.
The first floor welcomes you with a bright and airy living room, complete with a wood-burning fireplace, and a formal dining room. The chef’s kitchen opens to a greenhouse and a private rear garden, perfect for hosting gatherings. Additionally, the main level includes a sunroom, currently used as an extra bedroom, with windows all around offering views of the serene outdoor space.
Upstairs, you’ll find four well-proportioned bedrooms, each with ample closet space, a fully updated bathroom, and access to a finished walk-up attic with even more storage. The full basement offers a wall of closets, an entertainment area, a full bath, and a laundry room.
Outside, the beautifully landscaped front yard is fully fenced and includes a secret hideaway patio, ideal for intimate outdoor gatherings. The variety of plants and flowers that bloom throughout the spring and summer create a peaceful, private retreat. The oversized, detached two-car garage also provides additional space for parking.
Conveniently located near shopping, transportation, highways, and just a short distance from the city, this home combines a prime location with a wealth of features and possibilities.
Property Size: 60 ft x 100 ft lot
Interior Sq. Footage: Approximately 1,810 sq. ft.
Taxes: Approx. $10,378/year
For more information or to schedule a viewing, contact us at your convenience.
| |||
| Jun 20, 2019 | Sold | ||
| Sold | |||
| Mar 17, 2019 | No longer available | - | |
| No longer available | |||
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About Northeastern Queens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017