545 W Frey Street
About This Property
3 Spacious Bedrooms & 2 Full Bathrooms: This home provides ample space with three cozy bedrooms, a mud room, and bonus room that can be used as an office, extra living space, or even a study nook for students. The possibilities are endless! The Open Living and Dining Area: The main living area flows seamlessly into the dining space, providing an inviting atmosphere for family gatherings or socializing with friends. The kitchen comes with modern finishes, brand new cabinets and appliances offering practicality and style, perfect for preparing meals for yourself or guests. Enjoy the outdoors with a generously sized backyard, perfect for outdoor activities, gardening, or simply unwinding after a long day. The space is large enough for pets to roam freely or to create your dream outdoor retreat.
This house was used as a rental property for two years prior to selling and could be a great investment 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%.
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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.
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | Listed by Ahart Real Estate | $325,000 | |
| Listed by Ahart Real Estate | |||
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by RE/MAX Landmark | $195,000 | |
| Listed by RE/MAX Landmark | |||
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Move in ready! Perfect investment property or starter home. Over one-third acre lot that can be split into two lots to add another home. 1468 sqft - 2-bedroom, bonus room, 1 bath, 1 car garage and attached carport. Bonus room could serve as a third bedroom, or home office -has its own exterior entrance. Sunroom across the back has storage plus utility space for washer and dryer. Home has Central heat and air, nice vinyl wood-look flooring and some original wood flooring. Large kitchen, great cabinet space, with dining area. The large, fenced backyard offers a storage building and covered patio. Fabulous location near TSU! Great investment property that has had consistent renters for the past 3.5 years! Buyer and buyer’s agent to verify all information. Property is being sold as is. Owner is selling agent.
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Property Highlights
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About Stephenville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017