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1 FREEPORT LANE
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | Listed by Brokers Realty Group, LLC | $564,900 | |
| Listed by Brokers Realty Group, LLC | |||
| Apr 20, 2020 | No longer available | - | |
| No longer available | |||
| Aug 19, 2018 | Listed | $304,900 | |
| Listed | |||
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PRICE IMPROVEMENT & 1 YEAR HOME WARRANTY FOR THIS ROYAL TERN MODEL IS MOVE-IN-READY in "THE PARKE" 55+ Community of Ocean Pines, This model is great for family and entertaining featuring an Open Floor Plan, Updated Eat-In Kitchen w/Granite Counters and Island, Hardwood Floors entering Foyer leads into Formal Dining Room and Hall, Family Room with Skylights and 2-sided Gas Fireplace dual sides to the Large Sunroom, Large 1st Floor Master Bedroom Suite with Tray Ceilings, Master Bathroom with Dual Sinks and walk in shower and a Walk-In Master Closet, 2nd and 3rd Bedroom on the 1st level and Full Bath, additional 4th BR and Full Bath on the 2nd Level, Bonus Spacious Loft Area on 2nd Level! First Floor Laundry Room leads to a Large 2 Car Garage! **GREAT BUY IN THE PARKE** Community, Private Clubhouse, Fitness Center, Indoor Pool, Golf, Tennis, Yacht Club, Marina, Meeting rooms, Lawn maintenance, Gutter Cleaning, Snow Removal all Care-free living in Ocean Pines, plus an Ocean front Beach Club only 6 miles away ! New HVAC 2011 The manager has listed the unit size as 2587 square feet.
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| Jul 7, 2005 | Sold | ||
| Sold | |||
| Oct 4, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017