32-24 157th Street
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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%.
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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.
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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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Dec 25, 2025 | Price Decreased |
$1,398,000
↓ $90K
(6.1%) | |
| Price Decreased | |||
| Dec 1, 2025 | Listed by Prime Realty | $1,488,000 | |
| Listed by Prime Realty | |||
   | |||
|
Fully renovated Colonial located on a quiet block just moments from North Flushing and near beautiful Bowne Park. The main level features an updated eat-in kitchen with new appliances, a spacious living room, and a full formal dining room. Hardwood floors run throughout, adding warmth and character. A large backyard deck offers the perfect space for outdoor entertaining.
The second floor includes three well-sized bedrooms, including a generous primary bedroom with a private balcony. A walk-up attic provides excellent additional storage. The fully finished basement offers a large recreation room, a full bathroom, and a separate entrance—ideal for guests or flexible living space.
A two-car attached garage plus a four-car driveway provides exceptional parking convenience. Close to the Q13 and Q16 bus lines and situated within a desirable school district. This home offers comfort, convenience, and an unbeatable location—truly a must-see.
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| Nov 24, 2014 | Sold | ||
| Sold | |||
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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