24415 85th Road
About This Property
Busy Hillside Ave offers walking distance grocery stores, restaurants, bus stops, and many more - Must SEE, New Water Heater, New Boiler, Mini Splits, New Backyard Shed Patio, New Sprinkler System, New White fencing, Laminated flooring basement, Hardwood Flooring, Security Camera.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 28, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Price Decreased |
$899,999
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$925,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by Property Professionals Realty | $950,000 | |
| Listed by Property Professionals Realty | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Northeastern 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