This single-family home in Bayside/Flushing features 4 beds, 2 baths, and roughly 1,600 sqft—ideal for larger families or groups seeking space. Based on recent comp data, similar homes in Flushing rent for $3,600–$4,400/month, putting annual potential revenue in the $43K–$53K range. At the current $1.09M ask, the payback period via gross rent is roughly 20–25 years. Market inventory for 4-bed homes is tight, with only a slight decrease in supply, which supports stable demand. The finished basement, large lot, and proximity to top schools and transit are strong differentiators, though being a single-family (not multi-unit) may limit income flexibility compared to multi-family options.
To boost rental value, consider light upgrades to kitchens, bathrooms, and curb appeal—modern finishes can attract premium renters. If selling, highlight the move-in-ready basement, flexible living spaces, and access to top-rated schools. For investors, exploring accessory dwelling unit (ADU) options or converting part of the basement for rental (subject to zoning) could increase income potential. Maintaining the home’s classic charm while updating key functional areas can make a big impact.