4 Freeman Avenue
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 |
|---|---|---|---|
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Price Decreased |
$749,000
↓ $100K
(11.8%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by Sotheby's International Realty - Sandwich Brokerage | $849,000 | |
| Listed by Sotheby's International Realty - Sandwich Brokerage | |||
| Sep 20, 2020 | No longer available | - | |
| No longer available | |||
| May 10, 2020 | Listed | $409,900 | |
| Listed | |||
| | |||
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Beach, sand, & surf - coveted location steps to beautiful Bay beach, and Cape Cod Canal. Turnkey home with 2 ample bedrooms and modern bathroom. Open floor-plan with Kitchen and Living Room, watch the ocean while preparing your favorite meal! 2 newer Mitsubishi ductless units provide heat and A/C, new water heater, new 3-bedroom Title V system. Flood Insurance $1,637/year. Great Location, Great Value. The manager has listed the unit size as 720 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017