238-11 148th Drive
About This Property
Full finished basement with full bath and a private entrance. House also features a complete HVAC ductless central air/heat Units throughout the house. Enjoy the luxury of controlling your desired temperature in each living space.
This property is a perfect blend of comfort and accessibility as it is ideally located close to the Cross Island, Belt and Southern State Parkways, Green Acres Mall, and minutes to La Guardia and JFK Airports. Transportation includes Q5 bus and L.I.R.R.
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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 |
|---|---|---|---|
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | No longer available | - | |
| No longer available | |||
| Aug 5, 2026 | Listed by Winzone Realty Inc | $879,000 | |
| Listed by Winzone Realty Inc | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | Relisted | $879,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017