28 Broadway Road
About This Property
Inside, you'll find beautiful hardwood floors and decorative molding throughout. The spacious living room features a striking stone fireplace and opens through French doors into a bright, inviting sun porch. The formal dining room is ideal for entertaining and flows into the eat-in kitchen, which includes recessed lighting and charming wainscoting. Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite with a full bath and walk-in closet. A walk-up attic offers excellent storage or potential for future expansion. The full basement includes bilco-doors that lead out to the fenced backyard.
Enjoy outdoor living with a large deck and detached two-car garage. Located just a short walk to downtown Freehold's vibrant restaurants, shopping, and entertainment. Close to major highways, this home offers both charm and convenience.
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by Real Broker, LLC- Point P | $675,000 | |
| Listed by Real Broker, LLC- Point P | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017