25 Freund Drive
About This Property
The home in need of some TLC offers a straightforward layout, making it a great option for buyers looking to bring their ideas and vision to life. The basement provides additional space with many possibilities for storage, recreation, or future finishing.
Conveniently located near shopping, restaurants, and major commuting routes, this property combines location with potential. A solid opportunity for those looking to customize a home in a desirable area.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed by Century 21 Full Service Realty | $475,000 | |
| Listed by Century 21 Full Service Realty | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017