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11337 FREAS DRIVE
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 |
|---|---|---|---|
| Jul 24, 2026 | Listed by HomeSmart | $995,000 | |
| Listed by HomeSmart | |||
| May 18, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | Listed by Long & Foster Real Estate, Inc. | $865,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Welcome home. This former model home has been lovingly care for and updated by its current owners. The eat in kitchen has updated stainless steel appliances and Corian countertops. The formal living and dining rooms are bathed in natural light and boast detail crown moldings and chair rails. The spacious master suite has a large walk in closet, separate dressing area and an updated primary bath. Recent updates include new roof, H2O heater, garage doors, carpeting, kitchen appliances, asphalt driveway and more!
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About North Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017