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6940 Gouverneur Ave, Arverne, NY 11692 — $599,000 · 4bd · ~0.5% rule | OnePercent

6940 Gouverneur Ave, Arverne, NY 11692

$599,000

Home·Arverne 11692·6940 Gouverneur Ave, Arverne, NY 11692

Last confirmed 3 days ago

6940 Gouverneur Ave, Arverne, NY 11692

4 bd · 2 ba · 1,100 sqft · built 1930 · Arverne · SINGLE_FAMILY·source listing ↗

$599,000

rent, three ways

OnePercent model (vv1)$3,058/mo

p10–p90 confidence band

HUD Fair Market Rent · 11692 · 4BR$3,370/mo

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$49,720

Median area rent$1,161/mo

Median home value$710,400

the verdict

0.51%vs 1.0% target

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

$599,000

0.51% · rent $3,058

Intrinsic value · income approach

$569,288

5% above 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.