34-21 148 Street
About This Property
Conveniently located just a few blocks from Northern Blvd, this home is close to the LIRR, public transportation, shops, restaurants, parks, and schools. Situated in R4A zoning, this property is an excellent opportunity for both homeownership and investment
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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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Exit Realty Team | $995,000 | |
| Listed by Exit Realty Team | |||
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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