5918 Frenzel Drive
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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Jan 5, 2026 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by Epique Realty LLC | $400,000 | |
| Listed by Epique Realty LLC | |||
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2024 | Listed by Epique Realty LLC | $410,000 | |
| Listed by Epique Realty LLC | |||
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***We are accepting backup offers*** SELLER FINANCING AVAILABLE!! Build your dream home on this expansive acre lot in the Reserve at Southridge. With ample space for a custom residence, outdoor living, and recreational features, this lot offers both rural privacy and convenience near top amenities. Located in sought-after Plano ISD and equipped with on-site utilities, it’s the perfect spot for your forever home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017