5844 78th Avenue
About This Property
Commuter's dream with close access to train, bus and highway.
Lots of possibilities for modern updates and expansion to renovate to your liking
With Some Updates & Improvements This Property Will Yield Immediate Equity. So Do Not Overlook This FANTASTIC INVESTMENT OPPORTUNITY In Glendale - Queens. It Features A Classic Layout With Three Bedrooms & Full Bath On The Upper Level & Living/Dining Space & Kitchen On The First Floor. The Unfinished Basement Is Absolutely Ready For Your Creative Touch & Offers The Perfect Opportunity To Design A Space To Be Used At Your Own Discretion. You Will Love The Private Driveway That Leads To A Huge Backyard & TWO CAR GARAGE. Conveniently Located On The Border Of Glendale, Ridgewood With The Mix Of Local Staples & New Trendy Cafes, Bars & Restaurants. School P.S. 68 Cambridge close by. Superb Access To Public Transportation Bus Q39,B20, B13 ,subway L (Halsey St.)Easy Access To The City.
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Jul 28, 2025 | Price Decreased |
$975,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Mar 2, 2025 | Listed by Exit All Seasons Realty | $985,000 | |
| Listed by Exit All Seasons Realty | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017