48-17 54th Avenue
About This Property
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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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by Rock Realty Inc | $735,000 | |
| Listed by Rock Realty Inc | |||
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Welcome to this charming home in Maspeth, offering the comfort and convenience of a private driveway, a spacious yard, and a fully finished basement. Step inside to an inviting open layout that creates a warm and welcoming atmosphere—perfect for both everyday living and entertaining. The finished basement provides exceptional flexibility, whether you envision a recreation space, home office, or up to two additional bedrooms. Don’t miss the chance to own this versatile and well-maintained property!
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| Jun 21, 2016 | Sold | ||
| Sold | |||
| Dec 24, 2015 | Listed by RE/MAX Team | $599,900 | |
| Listed by RE/MAX Team | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017