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39-04 Stuart Lane
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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 |
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| Aug 12, 2026 | Listed by Douglas Elliman Real Estate | $309,999 | |
| Listed by Douglas Elliman Real Estate | |||
| Apr 29, 2026 | No longer available | - | |
| No longer available | |||
| Apr 28, 2025 | Listed by Douglas Elliman Real Estate | $329,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Vacant Land. Here is an opportunity to build your dream home. This .45 Acre property is located North Of Northern Blvd On A Private Road and is zoned residential. A site plan is attached for reference. Owner previously had approved plans for A 3000 Square Foot Colonial And Sanitary 1 & 2 Approvals For Sewer Installation. The owner is open to discussing and assisting with renewing approvals to build. Land Purchase Includes Private Road (Stuart Lane).
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| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Apr 10, 2024 | Listed by Corcoran | $388,888 | |
| Listed by Corcoran | |||
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For Sale: A rare opportunity to own a substantial piece of Douglaston, one of the most prestigious neighborhoods in Queens, New York. This expansive and uniquely proportioned 8,320 square foot vacant lot, measuring 16 ft in width and a remarkable 520 ft in depth, presents an exceptional chance for both personal dream home builders and astute investors. Location: - Nestled in a serene and residential enclave of Douglaston, this lot offers the perfect balance of peaceful suburban living and convenient city access. - Located in one of the most sought-after zip codes in Queens, this property boasts prestige and exclusivity. - Easy and quick access to Manhattan via the Long Island Rail Road, making it ideal for commuters seeking a tranquil retreat from the hustle and bustle of the city. - A significant advantage of this property is its access to a public sewer line on Depew Avenue, ensuring essential utility connections are already in place for your convenience and reducing initial construction complexities. Lot Description: - The property spans a generous 8,320 square feet, offering ample space for a large, single-family home. - Currently an open lot, it provides a blank canvas for realizing your architectural dreams. - Surrounded by the charming ambiance of Douglaston, the lot is situated in a neighborhood known for its tree-lined streets and beautiful homes. Building Potential: - Comes with already filed plans for constructing a spacious, single-family residential home. These plans have been thoughtfully designed to maximize both aesthetic appeal and functional living space. - The opportunity to build from scratch allows for complete customization. Tailor every detail to your taste and requirements, from the layout to the finishes. - Ideal for those who dream of creating their dream home or for a developer looking for an investment in a high-demand area. Investment Value: Douglaston is renowned for its strong real estate market, with consistent appreciation in property values. The prestige of the area and its desirability among families and professionals alike make this lot an excellent investment opportunity. This is more than just a piece of land; it's a chance to create something truly special. Whether you're looking to build your dream home or invest in a property with significant potential for appreciation, this lot in Douglaston, New York, represents an unparalleled opportunity in one of Queens' most prestigious neighborhoods.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017