2 Freemont Road
About This Property
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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 |
|---|---|---|---|
| May 25, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $179,900 | |
| Listed | |||
| | |||
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Opportunity knocks here. This Cape offers expansion capabilities with unfinished walk-up attic. Basement is unfinished with 10.5 foot ceiling. Master bedroom comes with full bath. Newer forced air furnace, easy to install central A/C, updated electric, newer washer/dryer. Walk to Lake and enjoy views, swimming, boating, etc. Why rent when you can easily finance this affordable home to make it your own. You can deduct a Star Savings of $1,051.10 The manager has listed the unit size as 1100 square feet.
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| Aug 14, 2017 | Listed by RE/MAX Classic Realty | $169,900 | |
| Listed by RE/MAX Classic Realty | |||
| Jul 3, 2000 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017