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84 Queen Road
About This Property
Situated on a spacious wooded lot, this 3-bedroom, 2-bath ranch offers the chance to create value and make a home truly your own. Featuring single-level living, hardwood floors, ductless conditioning, baseboard heat, and a full basement, the home provides a solid foundation for renovation, customization, or investment. The functional layout includes an eat-in kitchen, generously sized living spaces, and flexible room configurations to suit a variety of needs. The full basement offers abundant storage and additional potential for future use. Outside provides extra yard space, natural light, and private driveway parking. Conveniently located within the William Floyd School District and close to local parks, beaches, marinas, shopping, and major roadways.
Property is currently occupied and utilized as a daycare facility. Showings may be limited and require advance notice. Home is being sold as-is. Whether you're an investor, contractor, or buyer looking for a property with upside potential, this is an opportunity to bring your vision to life and build equity.
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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 Mastic Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,500 /mo
- 3 Beds
- 1 Bath
- 975 ft²
$4,000 /mo
- 4 Beds
- 2 Baths
- 968 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017