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New York Queens 11417 Ozone Park
97-05 Albert Road
Photo of 97-05 Albert Road
Sold on Aug 31, 2022

26

Map

Photo of 97-05 Albert Road
Photo of 97-05 Albert Road
$690,000
● House - Off Market

97-05 Albert Road

Ozone Park, NY 11417
bedrooms
2 Beds
bathrooms
2 Baths
$748,901
RealtyHop Estimate
7.14%
Since Sep 1, 2022
NY-New York
Primary Model

About This Property

One in a Million....Opportunity to Own a Double Corner Lot (40&41) in Ozone Park, This house has a connected extra property lot. Plenty of Space to Expand or Possibly Subdivide the Lots and Build Another Home, Fully Renovated 2/3 Bedroom Colonial! Entry, Extended Formal Living Room, Dining Room, Working Kitchen w/Gas Cooking & Laundry, Updated Appliances, Upstairs 2 Bedrooms w/Lots of Closets, Vinyl Flooring & New Full Bath, Attic Access, Lower Level Partially Finished Room, Full Bath, OSE, Storage & Utilities, Updated Roof, Vinyl Windows & Siding, 100 Amp Electric, Ceiling Fans, Gas Cooking & Steam Heating, Separate HW Heater, Hardwood Floors on Main Floor, AC, Fully Fenced Yard, Side Property Driveway, Street Parking As Well, Lot, PS 65 Elementary, True Taxes $5739, Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
153 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (OneKey MLS #KEYL3386991)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jun 24, 2022 In contract -
In contract
Jun 2, 2022 Price Decreased $699,000
↓ $101K (12.6%)
Price Decreased
May 13, 2022 Price Decreased $800,000
↓ $50K (5.9%)
Price Decreased
Apr 22, 2022 Price Increased $850,000
↑ $151K (21.6%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 3,640
  • Lot Size Depth Feet: 99
  • Lot Size Frontage Feet: 30
  • Building Depth: 35
  • Building Frontage: 16
  • Gross Building Area: 1,020

    Building Floor Area

  • Residential Building Floor Area: 1,020

    Floor Area Ratio

  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 1

Building

  • Building Type: A5
  • Lot Type: 3
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 410
  • City Council District: 32
  • Police Precinct: 106
  • Fire Company: E331
  • Health Area: 3000
  • Sanitation District Borough: 4
  • Sanitation Subsection: 1E
  • School District: 27

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R3X

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 11553
  • Lot: 40
  • Borough Block Lot: 4115530040

    Address

  • Full Address: 97-05 Albert Road
  • Zip Code: 11417

Valuation

    Assessments Valuation

  • Assessed Total Value: $34,380
  • Assessed Land Value: $14,100

    Exemptions

  • Exempt Total Value: $18,630
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southwestern Queens

Stats & Trends

Median Asking:

$849,000

Sale Price/ft²

$530

Below Asking

0.02%

Average Days on Market

103

Average Home Size

1261 ft²

Average Home Age

86.7 years

Currently For Sale

453 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 87-16 91st Avenue, Jamaica, NY, 11421

$3,500 /mo

  • 3 Beds
  • 1 Bath
87-16 91st Avenue, Jamaica, NY, 11421 Listing by Nick Rafter
Unit for rent at 9746 Drew Street, NEW YORK, NY, 11416

$3,400 /mo

  • 3 Beds
  • 1 Bath
9746 Drew Street #2, NEW YORK, NY, 11416 Listing by Maria Monroe
Unit for rent at 135-22 129th Street, South Ozone Park, NY 11420

$3,298 - $3,553 /mo

  • 3 Beds
  • 1 Bath
135-22 129th Street, South Ozone Park, NY 11420 Listing by HAKEEM SHAHID

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 97-5 Albert Road built and last sold?
The property at 97-5 Albert Road was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 97-5 Albert Road is $705,990.
What are some comparable homes to 97-5 Albert Road?
There are currently no comparable homes to 97-5 Albert Road.
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