53
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5418 FREMONT STREET
About This Property
**Offer Deadline - Monday August 19th at Noon**
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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%.
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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 6, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by RE/MAX Gateway, LLC | $649,900 | |
| Listed by RE/MAX Gateway, LLC | |||
| | |||
|
Great opportunity to own this 3 BR/2 BA home in the wonderful North Springfield neighborhood! The main level has new luxury vinyl plank flooring and features a living room with gas fireplace, separate dining room, bright white kitchen with granite countertops, and an enclosed glass porch/sunroom. The upstairs has the 3 bedrooms, all with hardwood flooring, and an updated full bath with luxury vinyl tile flooring. There is plenty of more living space on the finished walk-out lower level, with an expansive recreation room, a utility room housing the washer and dryer, and a second full bath with luxury vinyl tile flooring. Situated on a quiet street on a third-acre lot, the exterior of this home also includes a fenced-in back yard with 2 sheds for extra storage. All this is located with easy access to 495/95, and within a short drive to plenty of shopping, dining and entertainment choices. Welcome Home!
**Offer Deadline - Monday August 19th at Noon**
| |||
| Aug 1, 2003 | Sold | ||
| Sold | |||
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About North Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017