11818 FREELAN DR
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%.
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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.
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 |
|---|---|---|---|
| Feb 14, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | Listed by Levi Rodgers Real Estate Group | $275,000 | |
| Listed by Levi Rodgers Real Estate Group | |||
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** Open House, Sunday 01/29/2023 1pm-3pm ** Darling single story home in an established neighborhood, ready for a new owner to enjoy. The handsome brick exterior and mature trees make for great curb appeal and welcome you into the bright and open floor plan with no popcorn ceilings! Just off the entry, the formal dining area is currently used as an office and leads into the kitchen with ample cabinetry space with custom slide out drawers for all your storage needs. A convenient breakfast bar overlooks the living room with vaulted ceiling and floor-to-ceiling brick fireplace. The primary suite is split for ample privacy from the secondary bedrooms and features a remodeled full bath with dual vanities, huge tiled shower and a garden tub. Secondary bedrooms both have ceiling fans and share a second full bath with long vanity and tub/shower combo. Inside utility area with cabinetry to store cleaning supplies. Additional features include a two car garage with opener, a saltillo tiled patio overlooking the privacy fenced yard, new HVAC in 2018, and extended decking in attic for about 200 sf of added storage space.
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| May 14, 2010 | Sold | ||
| Sold | |||
| Apr 6, 2010 | Listed by Century 21 Pinnacle | $135,000 | |
| Listed by Century 21 Pinnacle | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017