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28-07 172nd Street
About This Property
Step inside to find an impressive 11-foot beamed ceiling in the sun-filled living room, complete with a classic fireplace for cozy evenings. The formal dining room is perfect for entertaining, while the eat-in-kitchen offers backyard access and a convenient half bath bathroom on the main floor.
Upstairs, you will find three generously sized bedrooms and a full bathroom. The fully finished basement boasts a separate entrance, laundry area, utility room, 1 full bathroom, and additional flexible space ideal for additional storage, a family room or den.
Enjoy outdoor living in the fenced backyard with a patio, and benefit from a shared driveway leading to your private detached 1-car garage.
This home is in excellent condition, featuring a new roof, natural gas heating, and preserved original details throughout.
Prime Location: Just minutes from the Murray Hill LIRR station, zoned within a top-rated school district, and close to public transportation, shopping, restaurants, and all the conveniences of Flushing living.
Perfect for self-use or investment, this North Flushing Tudor offers a rare opportunity to own a classic home in a sought-after Queens neighborhood.
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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.
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About Northeastern Queens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017