2 Frederick Pl
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2022 | No longer available | - | |
| No longer available | |||
| Jun 15, 2022 | Sold | ||
| Sold | |||
| May 24, 2022 | Listed by KELLER WILLIAMS METROPOLITAN | $750,000 | |
| Listed by KELLER WILLIAMS METROPOLITAN | |||
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Stately, classic, spacious Colonial located in a lovely private neighborhood close to schools, shops, restaurants, NYC NJ Transit train, beautiful parks, the Morristown Green & the lively Morristown town center. Feats generous LR/DR/Fam Rm w/ HW fls. Recessed lighting & tons of windows envelope the interior w/ lots of light. Foyer w/ staircase flows into DR/LR/Fam Rm w/ cozy FP. The roomy kitchen incs ample cabinets, counters, breakfast bar & breakfast nook overlooking the expansive backyard. Pwdr Rm & access to 2 car garage on 1st Fl. 2nd Fl feats spacious MBR w/ WIC, BA w/double-sink, shower & soaking tub. 3 more BRs w/ ample closets, full hall BA & access to huge storage space above the garage. It has it all: suburban living at its finest, conveniently located, ready to be enjoyed!
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| Jul 7, 2021 | No longer available | - | |
| No longer available | |||
| Jun 2, 2021 | Relisted | $750,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017