63-07 138th St
About This Property
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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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | Listed by Jamie Realty Group | $779,000 | |
| Listed by Jamie Realty Group | |||
 | |||
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Welcome to this charming 2-bedroom, 1.5-bath semi-detached single-family home, situated on a 2,700 sq ft lot with R3-1 zoning offering the potential to convert to a two-family property (consult architect). Built in 1950, this home offers great opportunity for both end-users and investors.
Conveniently located within walking distance to Main Street, Q44 bus, the Queens Public Library, Yong Fa Supermarket, restaurants, and more enjoy easy access to everything you need.
Great potential won’t last!
| |||
| Dec 8, 2020 | No longer available | - | |
| No longer available | |||
| Nov 8, 2020 | Relisted | $719,888 | |
| Relisted | |||
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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