32
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204-20 45th Drive
About This Property
Perfectly situated near the LIRR, Q12 bus, shopping, restaurants, parks, and everyday conveniences, this home offers an easy commute to Manhattan while maintaining the comfort of suburban living. Located in sought-after School District 26, this property presents an excellent opportunity for homeowners and investors alike. Don't miss this rare chance to own in one of Bayside's most desirable neighborhoods.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$820,000
↓ $48K
(5.5%) | |
| Price Decreased | |||
| Jul 21, 2026 | Listed by E Realty International Corp | $868,000 | |
| Listed by E Realty International Corp | |||
| Jul 2, 2004 | Sold | ||
| Sold | |||
Property Highlights
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About Northeastern Queens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017