1949 FREELAND ROAD
About This Property
**Recent Updates:**
- Kitchen remodel: 2016
- Dishwasher: 2026
- Range: 2026
- Refrigerator: 2025
-New Carpet in LR, Famrm, and Recrm
-Fresh Paint in the Bedrooms, Hall Bath and Recrm
- Roof: 2025
- HVAC (Trane): 2017
- Water heater (Rheem power vent): 2025
- Driveway: 2024
- Ceiling fans in two bedrooms
- Shed roof: 2021
- Repainted: 2025
-Front porch power washed
- Well holding tank: 2022
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017