121 Garfield Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 19, 2026 | No longer available | - | |
| No longer available | |||
| Oct 8, 2025 | Price Decreased |
$449,000
↓ $50K
(10%) | |
| Price Decreased | |||
| Aug 18, 2025 | Listed by Your Home Sold Guaranteed Rlty | $499,000 | |
| Listed by Your Home Sold Guaranteed Rlty | |||
| |||
|
This 50x100 lot offers the perfect canvas to create your dream home on the water. The existing house has already been demolished, giving you a head start on new construction. Located in a highly desirable South Freeport neighborhood, the property is waterfront with bulkhead, making it ideal for boating, fishing, or simply enjoying serene views right from your backyard.
Whether you prefer to build a luxurious new home or a cozy waterfront retreat, this lot presents endless possibilities. Don’t miss this rare opportunity to secure a prime piece of South Freeport real estate! Seller will consider building as well. Nearby landmarks - Nautical Mile, Long Creek, or South Bay area. Don't forget to bring your boat!
| |||
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Freeport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 4 Beds
- 3 Baths
- 2,369 ft²
$3,800 /mo
- 2 Beds
- 1 Bath
- 2,451 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017