The Flip Potential of 11827 193rd St Jamaica, NY is medium.
Current Specs
Multi-Family
2 Units
6 Bed / 3 Bath
Estimated Value$880,338
Flip Advice
This multi-family property in St. Albans, Queens has moderate flip potential. Built in 1950, it offers 6 beds and 3 baths across 2 units on a generous 8,300 sq ft lot. The current valuation of $880K is significantly higher than its last sold price of $310K in 2020, indicating substantial appreciation.
Consider a strategic renovation to maximize value. Focus on modernizing kitchens and bathrooms while preserving the colonial charm. Adding a bedroom or bath could boost value by 7-8% based on comps. However, be cautious of over-improving for the neighborhood, where the median listing price is $759K.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 11827 193rd St: