1690 FREEDOM Drive
About This Property
Designed with a comfortable and flowing layout, the home features a spacious main living area filled with natural light and seamless connectivity to the dining space. The kitchen offers ample cabinetry and workspace, positioned to overlook the yard for an open and connected feel.
The primary suite provides a private retreat with its own bath, featuring a large shower and generous closet space. Additional bedrooms offer flexibility for a variety of uses.
A standout feature of this property is the fully fenced front yard with gated entry, creating a defined and welcoming approach while offering added privacy. The outdoor space provides room to relax, entertain, or personalize. There is also ample space to accommodate recreational vehicles, boats, or additional equipment.
Conveniently located near shopping, dining, schools, and major roadways.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017