3107 Freeman Farm Way
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by EXP Realty LLC | $585,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Well Maintained Home in the Popular Heritage Planned Community of Wake Forest! 4 BR - 3.5 BAs PLUS MASSIVE 3rd Flr Flex Space(Potential 5th BR) w/ Full Bath (BR-Office-Teen Suite-Bonus-Studio). Catch the Breeze on the Inviting Extended Front Porch! Home Features include: Open Plan, 2 Bay Windows, 8' Tall Entry and Rear Door, Custom Trim/Crown, 9' Ceilings on BOTH Flrs, Oak Tread Stairs to 2nd Flr, Wide Plank Wood Flrs T/O Main Level, Ext. Accent Lighting, Tray Clgs in Formal DR & Primary BR, Kitchen w/ Granite Counters, Lge Walk-in Pantry, Bar Island, Tile Backsplash, New SS Dishwasher, Under Cabinet Lighting, Gas Range, Built-in Microwave, White Glazed Cabs, Breakfast Nook, Gas Logs in FR, 2' Blinds, Built-ins on 3rd Flr, Security System, Smart Thermostat, Screened in Porch, Fenced Yard, Private Wooded Backyard w/ Pear Trees, Crawl Space. Fresh Paint T/O Interior and Exterior. Heritage is an Award Winning (membershiip optional) Golf Course Community w/ Clubhouse, Driving Range, Multiple Pools, Tennis, Play Grounds, Greenway! Too Many Close by Restaurants, Grocery, Shopping Options to Mention! Short Walk to Greenway and Large Playground!
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| May 4, 2024 | No longer available | - | |
| No longer available | |||
| Apr 26, 2024 | Price Decreased |
$599,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Apr 13, 2024 | Price Decreased |
$610,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017