18 Freeman Avenue
About This Property
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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 |
|---|---|---|---|
| Jul 18, 2023 | Sold | ||
| Sold | |||
| Aug 16, 2022 | Listed by Watson Realty & Associates | $70,000 | |
| Listed by Watson Realty & Associates | |||
| Nov 6, 2021 | No longer available | - | |
| No longer available | |||
| May 10, 2021 | Listed by Blue Ridge Real Estate | $110,000 | |
| Listed by Blue Ridge Real Estate | |||
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Build your dream home on this rare 1.1 acre Rutland City lot on a dead end street. Municipal water and sewer at the street. If you are an investor, this property has been subdivided into 3 separate lots for residential housing. Purchase the 1.1 acre lot and sell off one of the lots and keep the rest to build your home. The lot was cleared of the existing home. Survey is available for the approved subdivision. Located within walking distance to the Rutland Regional Hospital, shopping and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017