75-31 175th Street
About This Property
Welcome to this brand-new single-family home in the heart of Fresh Meadows, located in top-rated School District 26. Built as new construction, this home has lower property taxes-an important advantage for buyers looking to keep monthly costs more affordable.
This home features 4 bedrooms and 3.5 bathrooms with a layout designed for high quality living. The open-concept main floor is bright and welcoming, highlighted by a double-height living room that brings in great natural light and creates a strong sense of space. The modern kitchen flows naturally into the living and dining areas, making the home both functional and comfortable for daily life and entertaining.
A first-floor bedroom and full bath add flexibility for guests, or anyone who prefers to avoid stairs. Upstairs offers three additional bedrooms, including a spacious primary suite. There is also a walk-up attic that provides valuable bonus space for storage, a home office, playroom, or other flexible use.
The home is equipped with newly installed solar panels, helping reduce electricity costs and lower overall monthly home expenses. Additional features include garage and driveway parking, plus a lower level with plumbing already in place for future flexibility.
Set on a quiet residential block yet close to shops, parks, restaurants, buses, major highways, and St. John's University, this is a rare opportunity to own a brand-new home in Fresh Meadows that combines modern design, a practical family-friendly layout, strong school district value, and lower long-term carrying costs.
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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%.
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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 |
|---|---|---|---|
| Mar 11, 2026 | Listed by B Square Realty | $1,880,000 | |
| Listed by B Square Realty | |||
| Feb 3, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 17, 2026 | Price Decreased |
$1,880,000
↓ $108K
(5.4%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed by B Square Realty | $1,988,000 | |
| Listed by B Square Realty | |||
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Welcome to this brand-new luxury single-family home nestled in the heart of Fresh Meadows. This 4-bedroom, 3.5-bath residence showcases exceptional craftsmanship with soaring double-height ceilings, oversized windows, and modern finishes throughout. Equipped with a high-efficiency solar system generating 6.15kW, the home offers sustainable living and long-term energy savings.
The main level features a sun-filled open living area, a sleek chef’s kitchen with custom cabinetry and a waterfall island, along with a guest bedroom and full bath—ideal for flexible living.
The second floor offers three spacious bedrooms and two full bathrooms, including a stunning primary suite. A finished attic provides additional space for a home office, studio, or playroom. The full basement includes a laundry room, gas meter room, and a half bath. A detached garage and private driveway accommodate up to two vehicles.
Located just minutes from St. John’s University, this home offers excellent access to transportation options, including the Q31, Q45 and Q74 bus lines, express buses to Manhattan, and nearby highways such as the Long Island Expressway and Grand Central Parkway. Enjoy a quiet residential setting with convenient access to nearby shops, parks, restaurants, and everyday amenities.
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| Dec 28, 2022 | Sold | ||
| Sold | |||
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About Northeastern Queens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017