50 Freeman Lane
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 |
|---|---|---|---|
| Jun 14, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | No longer available | - | |
| No longer available | |||
| Jan 11, 2019 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $1,275,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Enchanting waterfront home with frontage on tranquil Rachel's Cove. Direct saltwater access from your own backyard for kayaking, paddleboarding, shellfishing and exploring the inlets of Town Cove and Nauset Harbor all the way to Nauset Beach. This 3 bedroom, 3.5 bath historic reproduction Cape captures the charm of an earlier era. Features include an expansive living room w/ dining area, Rumford fireplace, wide pine flooring, beamed ceiling and sliders to a spacious deck to watch stunning sunsets. Bright kitchen with cathedral ceiling and skylight. Each bedroom has its own full bath, perfect for visiting family & friends. Landscaping includes plenty of flowering shrubs, lush perennial gardens & natural stone walls. Enjoy the Snow Point Association private beach just .3 miles down the road.
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| Nov 1, 2018 | Price Decreased |
$1,290,000
↓ $35K
(2.6%) | |
| Price Decreased | |||
| Oct 18, 2018 | Relisted | $1,325,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017