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6388 Alderton St

Rego Park, NY 11374

Property Overview

Active Listing

1 / 11

11 listing photos · Tap Enlarge for full-size view

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Specs

Beds

Baths

Interior Living Space (Sq Ft)

1040 sq ft

Lot Size (Sq Ft)

0 sq ft

Year Built

1936

Price/Sq Ft (Living Area)

841$

Price/Sq Ft (Lot Size)

Lifestyle

Walk Score

Transit Score

Neighborhood Vibe

A calculation based on nearby amenity density.

Taxes

FY 2025

Tax Year

Annual Tax

$3,580

Assessed Value

$54,180

Last Sale

1996

$181,000

Price History

Zestimate Range

$742k – $901k

+21.5%

since 2016

2016: $742kNow: $901k

Zillow Zestimate history · 121 data points

Safety & Hazards

Safety Rating

Based on Crime & Hazards

Crime Rate Index

Very Low

0/100

Flood Risk

Unknown

▶

Property Showing

VID-32000261-mp0982s7.mp4

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Zumintel Report

Zumintel

EVALUATED FOR: HOUSE HACK (LTR UNIT)

6388 Alderton St, Rego Park, NY 11374

Single Family•April 30, 2026•MLS #S1823276

58/100

House Hack Score

ListingZillow Link

Executive Summary

Verdict Locked

Rental income offsets 25% of the monthly mortgage ($4,424/mo → $3,331/mo effective housing cost).

Est. Price

$875,000

Square Feet

1,040

Year Built

1936

Configuration

3bd / 2.5ba

Market Context

Pricing PositionPrice per square foot is higher than typical for the area.
Source: Market Data
Liquidity RiskLow given the prime location and access to transit.
Source: Zillow/Market Data
NeighborhoodUpscale community, access to high-quality schools and local amenities.
Source: Property Description
Investment PotentialEstimated Rent: $3,280/moCap Rate: 2.92% • 5-Year Growth: -

Location & Commute

Proximity to M/R train enhances local transit accessibility.
Source: Property Description
High-quality schools nearby foster community cohesiveness.
Source: Property Description
Walking distance to commercial centers enhances daily convenience.
Source: Property Description
Close to major roadways and LIRR increases commuter flexibility.
Source: Property Description

Property

Home

Work

Market Opportunity Synthesis

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Payment Calculator

Home Price

Interest Rate %

Down Payment ($)

Down Payment (%)

Assumptions & Methodology

•STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
•Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
•Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.

Estimated Monthly Payment

$5,889

Principal & Interest

$4,424

Operating Expenses/mo

$1,465

House Hack Impact

Estimated Payment$5,889

-Projected Rental Income-$1,093

Net Payment Out-of-Pocket$4,796/mo

The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.

Financial Performance

Based on 6.5% rate · 20% down · 30-yr fixed

Investment Analysis Locked

Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.

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Comparative Market Analysis

Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.

Strategic Assessment

Key Advantages

•Proximity to transit and major highways enhances desirability.
Source: Property Description
•Recent updates to roof and heating systems reduce immediate CapEx.
Source: Property Description

Considerations

•Single-family zoning limits rental expansion flexibility.
Source: Property Description
•Higher purchase price relative to typical neighborhood comps.
Source: Market Data

Due Diligence

•Review basement usage legality to ensure compliance with zoning codes.
Source: Property Description
•Confirm property tax assessments align with anticipated costs.
Source: Attom

10-Year Wealth Outlook

10-Year Wealth Outlook · Pro+

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Verdict Locked

Analyst Verdict

Based on current list price and market conditions.

STRONG BUY

Use-Case Alignment

living

Medium Match

Short-Term

Low Match

Living+STR

Medium Match

rental

Medium Match

House Hack

Medium Match

flip

Low Match

Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.

Definitions & Methodology

Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.

Investment ScoreA proprietary composite score (0-100):

80-100: Excellent (Strong Cashflow & Potential)
60-79: Good (Stable, Moderate Returns)
40-59: Fair (Value Add Required)
<40: Risky (Negative Cashflow/High Risk)

Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".

Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.

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Sources: RentCast • Google Maps & Places • Attom Data Solutions • OpenAI

Generated by Zumintel • Pro Tier Evaluation