386 Frederick Drive
About This Property
Step through the front door into a light-filled environment that features high ceilings, enhancing the sense of spaciousness. The expansive open floor plan seamlessly connects the main living areas, fostering an ideal setting for both entertaining and day-to-day living.
The centerpiece of the home is the large, stylish kitchen, equipped with a grand kitchen island. This culinary space is perfect for casual meals, meal prep, and hosting gatherings. Custom cabinetry and ample counter space make this kitchen a chef's dream. The adjoining dining area ensures easy flow for more formal dining occasions.
The living room offers a cozy retreat with its wood-burning fireplace, creating a warm ambiance for relaxing evenings.
Four generously sized bedrooms provide plenty of space for rest and privacy. The primary suite is a true oasis, featuring a spa-like ensuite bath with modern fixtures, dual vanities, a soaking tub, and a separate walk-in shower.
Step outside to discover a beautifully landscaped backyard that offers a peaceful sanctuary. The extended, oversized patio provides an ideal spot for outdoor dining, relaxation, or entertaining guests. This outdoor area is perfect for summer barbecues, morning coffees, or simply soaking in the tranquil surroundings. THE HIGHLIGHT of the backyard is undoubtedly the swim spa, a unique feature that offers year-round enjoyment whether you seek a refreshing dip in the summer or a soothing soak in cooler months.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Price Decreased |
$462,500
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Dec 17, 2025 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Sep 30, 2025 | Price Decreased |
$475,000
↓ $5K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017