240-16 128th Road
About This Property
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$824,999
↓ $24K
(2.8%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed by EXP Realty | $849,000 | |
| Listed by EXP Realty | |||
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This beautifully maintained home in the desirable Rosedale neighborhood of Queens is truly move-in ready and requires no work! With an inviting open layout, the main level features a spacious living room, dining room, and kitchen, creating a seamless flow perfect for daily living and entertaining. The first floor is complete with two comfortable bedrooms and a full bathroom, offering ample space and convenience.
Upstairs, you’ll find two additional generously-sized bedrooms, each with its own large closet, and another full bathroom, making this home ideal for families or anyone needing extra space.
The full finished basement provides additional living space, complete with a separate entrance. There are washer and dryer hookups in the kitchen, allowing the new owner to easily convert the basement into even more functional living space if desired.
The exterior of the home features a long, private driveway leading to a two-car garage, with a paved backyard that's perfect for hosting guests or enjoying outdoor activities. This home combines comfort, style, and practicality in one perfect package!
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| Nov 19, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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Price/ft²
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About Southeastern 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