1127 W 4th Street
About This Property
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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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by Birdsong Real Estate | $189,900 | |
| Listed by Birdsong Real Estate | |||
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Listed by eXp Realty LLC | $49,900 | |
| Listed by eXp Realty LLC | |||
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Calling all investors! This 2-bedroom, 1-bath home in Freeport offers endless potential. With a detached garage and solid layout, it’s ideal for a rental property or renovation project. Conveniently located near shopping, dining, schools, and everyday essentials, while still being just a short 15-minute drive to the beach. Whether you’re looking to expand your rental portfolio or take on your next flip, this property is full of possibilities call today for more details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017