617 Freeman Drive #4
About This Property
The manager has listed the unit size as 1544 square feet.
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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.
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 2, 2022 | No longer available | - | |
| No longer available | |||
| May 5, 2022 | Listed | $249,500 | |
| Listed | |||
| Apr 5, 2019 | No longer available | - | |
| No longer available | |||
| Mar 3, 2019 | Price Decreased |
$199,900
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Jan 28, 2019 | Listed | $200,900 | |
| Listed | |||
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New Construction in the heart of Coliseum Central Business District! Move in Ready "Tahoe" opens to first floor foyer and stairwell to open second floor layout! Laminate wood floors spread through the Living Room to Kitchen & Dining area. Spacious and open layout is great for entertaining - Kitchen offers custom cabinets paired w/ Granite counters including bar top looking in to Dining Area. Stainless Steel appliance package & pantry. Sliding glass doors lead to deck. Third floor is home to both beds including Master w/ Tray Ceiling, Energy Efficient windows for natural lighting, Walk in Closet and En suite Bath. Master Bath offers modern look with double bowl vanity & walk in shower with seat & floor to ceiling tile. 2nd bedroom also features en-suite bath. Utility Closet w/ Washer & Dryer hookup. Community Amenities include Beautiful Clubhouse, Pool, Playground, and more. Ask about Closing Cost assistance w/ use of builder's preferred lender! The manager has listed the unit size as 1544 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2022
|
2 Bed
|
3 Bath
|
1544 ft²
|
$249,500
2 Bed
3 Bath
1544 ft²
|
-
-
|
Barbie Summers
Long & Foster Real Estate Inc.
| |
|
01/28/2019
|
2 Bed
|
3 Bath
|
1544 ft²
|
$200,900
2 Bed
3 Bath
1544 ft²
|
-
-
|
-
| |
|
06/10/2018
|
2 Bed
|
3 Bath
|
1544 ft²
|
-
2 Bed
3 Bath
1544 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017