44527 Freer
About This Property
The backyard is designed for outdoor living and includes a pool and spa with beach entry, covered patio, and an attached patio with ceiling fans. Property offers extra-large RV access and storage with approximately 25-ft gate, block walls, and vinyl fencing. Additional features include solar with approximately $220/month payment, 16 panels, two backup batteries, tankless water heater, and a 2-car attached garage. Conveniently located near schools, shopping, and commuter routes.
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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 |
|---|---|---|---|
| Feb 7, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by Re/Max All-Pro | $599,000 | |
| Listed by Re/Max All-Pro | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017