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New York Queens 11378 Maspeth
59-40 Maspeth Avenue
Photo of 59-40 Maspeth Avenue
Sold on Jun 27, 2022

27

Map

Photo of 59-40 Maspeth Avenue
Photo of 59-40 Maspeth Avenue
$760,000
● House - Off Market

59-40 Maspeth Avenue

Maspeth, NY 11378
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$803,712
RealtyHop Estimate
6.03%
Since Jul 1, 2022
NY-New York
Primary Model

About This Property

Introducing A Cozy 1 Family Brick Ranch Style Home! This House Is 20 Feet Wide And 50 Feet Long. It Has A Private Driveway And A 1 Car Garage; You Can Easily Park 2 Cars. First Floor Features An Open Layout Kitchen,Living Room Dining Space, A  Full Bathroom, And Two Bedrooms- One King Sized And One Queen. The Basement Is Finished With A Laundry Room, Office Area, Full Bathroom , Family Room And Has A Door Leading Out To A Quiet Garden Oasis . This Brick Home Is In Excellent Condition With All Major Systems Fully Updated. Move Right Into This Wonderful Home, Additional information: Appearance:Good,Interior Features:Lr/Dr,Separate Hotwater Heater:N
Unit Size
1,000 Ft²
Days on Market
95 days
Land Size
0.04 acres
Price per sqft
$758
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (OneKey MLS #KEYL3386025)

Price History

Date / Event Date Event Price
Jun 27, 2022 Sold
Premium
Sold
Apr 6, 2022 In contract -
In contract
Mar 24, 2022 Listed by Charles Rutenberg Realty Inc $758,000
Listed by Charles Rutenberg Realty Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 1,840
  • Lot Size Depth Feet: 92
  • Lot Size Frontage Feet: 20
  • Building Depth: 50
  • Building Frontage: 20
  • Gross Building Area: 1,230

    Building Floor Area

  • Residential Building Floor Area: 820

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: A5
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: G

Neighborhood

  • Community District: 405
  • City Council District: 30
  • Police Precinct: 104
  • Fire Company: Q288
  • Health Area: 1700
  • Sanitation District Borough: 4
  • Sanitation Subsection: 1E
  • School District: 24

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4-1

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 2692
  • Lot: 29
  • Borough Block Lot: 4026920029

    Address

  • Full Address: 59-40 Maspeth Avenue
  • Zip Code: 11378

Valuation

    Assessments Valuation

  • Assessed Total Value: $43,380
  • Assessed Land Value: $7,560

    Exemptions

  • Exempt Total Value: $1,440
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwestern Queens

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$641

Above Asking

0.25%

Average Days on Market

115

Average Home Size

1764 ft²

Average Home Age

61.8 years

Currently For Sale

2012 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 70-9 45th Avenue, Woodside, NY 11377

$3,300 /mo

  • 2 Beds
  • 1 Bath
70-9 45th Avenue #4D, Woodside, NY 11377 Listing by Daniel Morales
Unit for rent at 61 Malcolm X Boulevard, Brooklyn, NY 11221

$3,500 /mo

  • 1 Bed
  • 1.5 Baths
61 Malcolm X Boulevard #1A, Brooklyn, NY 11221 Listing by Meron
Unit for rent at 144 Suydam Street, Brooklyn, NY 11221

$3,100 /mo

  • 1 Bed
  • 1 Bath
144 Suydam Street #2R, Brooklyn, NY 11221 Listing by Meron

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 59-40 Maspeth Avenue built and last sold?
The property at 59-40 Maspeth Avenue was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 59-40 Maspeth Avenue is $760,319.
What are some comparable homes to 59-40 Maspeth Avenue?
There are currently no comparable homes to 59-40 Maspeth Avenue.
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