43-67 169th Street
About This Property
The main level features two bedrooms, a full bathroom, a comfortable living room, and a kitchen with a practical layout. The second floor offers three additional bedrooms and another full bathroom, providing excellent separation of space and functionality. A finished walk-up attic adds valuable bonus space suitable for storage, home office use, or other flexible needs, while the finished basement with a separate entrance provides additional recreational and storage space.
Additional highlights include a fireplace, private garage, driveway parking, and a roof replaced in 2017. Conveniently located near Northern Boulevard, supermarkets, restaurants, parks, schools, and public transportation, this property offers both convenience and long-term value in one of Flushing's established residential neighborhoods.
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017