29-42 162 Street
About This Property
With four bedrooms and three and a half bathrooms, this home provides ample space for a growing family or those seeking extra room to entertain. The full, partially finished basement with high ceilings, tiled flooring, a full bathroom, and a separate side entrance, offering incredible potential for customization. Sitting on an expansive 50x100 lot, the property provides generous outdoor space for gardening, play, or relaxation. Located just moments from Northern Boulevard, major highways, and public transportation, this home offers both accessibility and a peaceful residential setting. With endless possibilities to personalize and enhance, this is a must-see property in one of Queens' most desirable neighborhoods!
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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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Price Decreased |
$1,388,800
↓ $61K
(4.2%) | |
| Price Decreased | |||
| Feb 26, 2025 | Listed by Exit Realty Team | $1,450,000 | |
| Listed by Exit Realty Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017