404 Freeman Road NW
About This Property
Carpet removed in all bedrooms and closets along with matching tile installed throughout the house.
Extra storage shelving in the pantry, bathroom and hall closets.
Ceiling fans in all rooms.
Large kitchen sink with sprayer.
Under sink iSpring RCC7AK 6 stage reverse osmosis RO water filtration system.
Large Whirlpool french door refrigerator with dual ice makers and water and ice dispenser.
Cabinets above washer and dryer.
Garage door opener.
Blink camera system.
Solar Flood light over garage
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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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 27, 2025 | Price Decreased |
$325,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jul 23, 2025 | Price Decreased |
$335,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 20, 2025 | Price Decreased |
$345,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017