68 W 2nd Street
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed by Compass Greater NY LLC | $700,000 | |
| Listed by Compass Greater NY LLC | |||
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Welcome to this beautifully renovated waterfront Cape in Freeport. Main floor features a large living room, an updated kitchen with granite counters and stainless steel appliances, dining space with sliding back doors, lots of natural light, two main-floor bedrooms with full bathroom, and laundry area. Come upstairs and experience two large second-floor bedrooms with an additional full bathroom. Hardwood Floors upstairs and down. Fenced-in backyard, with in-ground sprinklers, right on the canal. Home is located towards the end of the cul-de-sac and is in close proximity to Cow Meadow Park, the Nautical Mile, No Rush Cafe, local restaurants, and Freeport businesses!
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| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 19, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017