7017 53rd Avenue
About This Property
One of the biggest highlights is the private driveway, a rare and valuable feature that adds everyday convenience and makes this home stand out. Whether you're an end user looking to personalize a home or an investor seeking your next project, this property offers excellent upside in a desirable Maspeth location close to shopping, transportation, schools, and local amenities.
Bring your vision and make this home your own!
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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 12, 2026 | In contract | - | |
| In contract | |||
| Aug 16, 2026 | Price Decreased |
$769,000
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Keller Williams Landmark II | $799,000 | |
| Listed by Keller Williams Landmark II | |||
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About Northwestern 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