1812 64TH AVENUE
About This Property
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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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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Price Decreased |
$400,000
↓ $100K
(20%) | |
| Price Decreased | |||
| May 22, 2025 | Listed by Northrop Realty | $500,000 | |
| Listed by Northrop Realty | |||
| Feb 17, 2025 | Listed | $548,000 | |
| Listed | |||
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This is a 1.41 acre improved site zoned RSF-65 for 6,500 square foot residential lots. The property is just two blocks from the Cheverly Metro Station! Improvements comprise a large cape cod concrete block structure comprising five bedrooms and three baths with front and rear enclosed porches and a rear deck. The walkout basement has two entries with a shower bath, three partitioned rooms along with a large storage area! A circular drive enhances the front entrance with ample parking on-site. Windows are double-hung vinyl with a new roof 7-8 years ago. This would make a great home to a large family, investment property with multiple bedrooms OR further developed within a short walking distance to the Metro. Note that there is ingress/egress onto Route 50 at the Columbia Park Road intersection.
For agents refer to agent remarks as part of the rear land directly behind Parcel 28 is in the 100 year Floodplain. (refer to maps in attached document section)
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About Cheverly
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017