16 Frieda Lane
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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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Douglas Elliman Real Estate | $849,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Experience luxurious living in this spacious, 4 Bedroom Colonial situated on a prime cul-de-sac in Wantagh. Offering over 2300 square feet, filled with natural light and fully updated throughout, this exceptional home features an expansive living room that seamlessly flows into a formal dining room and a modern eat-in kitchen with stainless steel appliances and granite countertops. The first floor also offers a generously sized den with an updated full bath, gleaming hardwood floors, and sliding doors leading to the yard. Upstairs, you'll find three large bedrooms, a full bath, and a magnificent primary suite boasting a luxurious en-suite bathroom. Additional highlights include a charming front porch, a park-like landscaped backyard perfect for entertaining, a two-car garage, full basement with plenty of storage, a newer roof, 200-amp electric service, Andersen windows, and three-zone central air conditioning. The beautifully paved driveway enhances the home's curb appeal, and gas is available on the street. Conveniently located near highways, transportation, shops, and restaurants, this unique gem in Wantagh offers the perfect blend of luxury and convenience. Don't miss the opportunity to make this exceptional property your next home!
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| Jan 4, 2019 | Sold | ||
| Sold | |||
| Nov 22, 2018 | No longer available | - | |
| No longer available | |||
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About North Wantagh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017