3724 FREEMAN 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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 26, 2024 | Listed by CB ISAAC REALTY | $170,000 | |
| Listed by CB ISAAC REALTY | |||
| Aug 25, 2009 | Listed by CB ISAAC REALTY | $58,900 | |
| Listed by CB ISAAC REALTY | |||
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Zoned CCG-2.
Convenient to downtown, south side & the beaches. Currently leased month to month (same tenant last 8 years). Masonry constriction just off Emerson & Phillips.
(office # C-56)
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| Jun 5, 2009 | Listed by CB ISAAC REALTY | $58,900 | |
| Listed by CB ISAAC REALTY | |||
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INVESTOR SPECIAL - Start receiving rent from day one with this well kept 2 bedroom, 1 bath home with central heat/ac and tenant in place. Home is of masonry construction and located in a well maintained neighborhood with convenient access to downtown and the beaches. Zoned CCG-2 the property has excellent potential for commercial use as well. Shown by appointment only. (H-69)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017