4717 FREDERICK AVENUE
About This Property
This home offers 2 bedrooms 1 bath fully renovated, full renovated kitchen, new stainless steel appliances,, and everything has been touched and re- done.
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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 |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 1, 2026 | Price Decreased |
$278,500
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Nov 25, 2025 | Listed by Next Step Realty | $289,000 | |
| Listed by Next Step Realty | |||
| | |||
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Welcome to 4717 Frederick Avenue — a charming and updated cottage just two blocks from the West River in the Idlewilde on the Bay community. This 2-bedroom, 1-bath ranch-style home offers comfortable one-level living with thoughtful improvements throughout.
Step inside to a bright, open living area featuring neutral finishes and a cozy fireplace, ideal for everyday relaxation. The renovated kitchen includes stylish cabinetry, modern countertops, stainless steel appliances, and space for casual dining. An additional office/flex room provides versatility for work or hobbies.
Both bedrooms offer natural light and easy access to the updated full bath. Main-floor laundry adds everyday convenience.
Outside, enjoy updated landscaping, a private driveway, and multiple outdoor spaces perfect for entertaining, gardening, or simply enjoying the coastal surroundings. With vinyl siding, central air, and public sewer, this home offers low-maintenance living in a peaceful setting.
Conveniently located near waterfront parks, community marinas, and local dining, this move-in-ready home is an excellent opportunity to enjoy the best of Shady Side living.
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| Nov 5, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017