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73-47 185th Street
About This Property
The home features 4 bedrooms and 4 full bathrooms, a grand two-story foyer, living room with fireplace, formal dining room, and an open kitchen with granite countertops and center island. The first floor includes a spacious family room that can also be used as a bedroom, along with a full bathroom. Upstairs offers 4 generously sized bedrooms, including a primary suite with a Jacuzzi tub. Additional highlights include a semi-finished attic providing extra usable space, a finished basement with a large recreation area, wet bar, and full bathroom, hardwood floors throughout, recessed lighting, and two-zone central air conditioning.
Enjoy a private backyard with a deck, detached garage, and private driveway. Conveniently located near Cunningham Park, shopping, restaurants, schools, public transportation, and major highways.
Well maintained and in excellent condition, this move-in ready home presents a rare opportunity to own a spacious residence in one of Queens' most sought-after communities
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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.
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About Northeastern Queens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017