68-11 52nd Drive
About This Property
Welcome to this attached single-family home offering four floors of potential in a prime Maspeth location! With a solid building footprint of 16x26, this home features three full bedrooms with closets, one bathroom on the second floor, and an open-concept living and dining area with unobstructed views into the galley kitchen-a perfect layout for entertaining or customizing to your unique style.
Enjoy morning coffee on your quaint front deck, and take advantage of the attached one-car garage and full, partially finished basement for added storage or recreation space. The full attic with high ceilings offers even more room to expand, and the spacious fenced backyard provides a private oasis in the city.
This home is a complete renovation opportunity-buyers are encouraged to bring their contractor and envision the transformation. Located just off 69th Street, you're minutes from all the shopping and dining along Grand Avenue, with easy access to the LIE and BQE, and excellent public transportation options nearby.
Don't miss out-this one won't last!
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 3, 2025 | Listed by Douglas Elliman Real Estate | $749,900 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017