4320 Utopia Parkway
About This Property
Move-in ready with no major renovations needed. The property size is 42 X 73.75 Ft/ R3X zoning district, offering excellent potential for future plans. Conveniently located in the Flushing area near shopping, dining, transportation, and everyday amenities. A great opportunity for both end users and investors.
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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 |
|---|---|---|---|
| Sep 7, 2026 | Price Decreased |
$1,158,000
↓ $22K
(1.9%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by Landmark International R E LLC | $1,180,000 | |
| Listed by Landmark International R E LLC | |||
| Nov 24, 2010 | 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