62-43 60th Drive
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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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by Sold By Bart R E Partners Inc | $999,999 | |
| Listed by Sold By Bart R E Partners Inc | |||
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Welcome to this Ultra Modern 3-bedroom, 2.5-bathroom home nestled in the heart of Maspeth. Bright and airy throughout, the main floor features an open-concept layout flooded with natural light—perfect for both relaxing and entertaining. The modern kitchen flows seamlessly into the dining and living areas, creating a warm and inviting atmosphere. Upstairs we have three good size bedrooms as well as a functional and timeless bathroom with heated floor and towel rack! The home benefits from: split system AC units, stunning hardwood floors, modern lighting solutions, European windows, energy efficient radiators, and so much more. Step outside to your own private oasis: a stunning backyard complete with a lovely patio area, ideal for summer gatherings or quiet evenings under the stars. The fully finished basement offers endless possibilities—use it as a rec room, home office, or guest suite. Located just minutes from shopping, dining, and transportation, this home combines modern living with incredible convenience. Don’t miss out on this gem in one of Queens’ most sought-after neighborhoods!
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| Jun 17, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2015 | Listed by Flat Rate Realty of Queens Ltd | $575,890 | |
| Listed by Flat Rate Realty of Queens Ltd | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017