59-18 157th Street
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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.
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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 15, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Mar 18, 2024 | Listed by Winzone Realty Inc | $1,098,000 | |
| Listed by Winzone Realty Inc | |||
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Excellent condition 1 dwelling house in the heart of downtown flushing near Kissena park. This property is 30x100, R3 A zoning with 2 car garage and a long private driveway can park 5 cars. The first floor is 1 bedroom, large living room , dinning room and kitchen. The 2Fl is 3 bedrooms, full bathroom. The 3Fl is a attic. The Basement has a separate entrance. Close to all...
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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