5353 61st Street
About This Property
Step inside to discover an expansive, sun-filled living room that provides a welcoming space for relaxing or entertaining. The cute eat-in kitchen offers a cozy setting for everyday meals, while two well-proportioned bedrooms and a full bath complete the main level.
The home also features a large walk-out lower level, presenting an excellent opportunity to create additional living space-whether it be a family room, home office, or guest suite. Outside, enjoy the convenience of a private driveway and garage, along with a charming front patio-perfect for morning coffee or taking in the beauty of the changing seasons.
Located in a highly convenient section of Maspeth, this home offers easy access to major thoroughfares including the Long Island Expressway and Brooklyn-Queens Expressway, making commuting a breeze. Residents enjoy proximity to local parks such as Juniper Valley Park, as well as a variety of neighborhood shops, restaurants, and everyday conveniences along Grand Avenue.
With its solid construction, desirable layout, and prime location, this home presents a wonderful opportunity for buyers ready to bring their vision and make it truly special.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Price Decreased |
$650,750
↓ $34K
(5%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by VYLLA Home | $685,000 | |
| Listed by VYLLA Home | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017