product

markets

method

1105 Beach Channel Dr, Far Rockaway, NY 11691 — $574,900 · 6bd · ~0.8% rule | OnePercent

1105 Beach Channel Dr, Far Rockaway, NY 11691

$574,900

Home·Far Rockaway 11691·1105 Beach Channel Dr, Far Rockaway, NY 11691

Last confirmed 4 days ago

1105 Beach Channel Dr, Far Rockaway, NY 11691

6 bd · 4 ba · built 2004 · Far Rockaway · MULTI_FAMILY·source listing ↗

$574,900

rent, three ways

OnePercent model (vv1)$4,679/mo

p10–p90 confidence band

HUD Fair Market Rent · 11691 · 6BR—

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Queens

Flood risk indexRelatively High FEMA NRI

Median household income$56,135

Median area rent$1,425/mo

Median home value$677,000

the verdict

0.81%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$574,900

0.81% · rent $4,679

Intrinsic value · income approach

$933,052

38% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.