79 Freeman Road
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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Equine Homes Real Estate, LLC | $1,885,000 | |
| Listed by Equine Homes Real Estate, LLC | |||
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Decorative iron gates, pristine stone walls & tree-lined driveway welcomes you to this 66+ ACRE horse farm rich in design, amenities & curated character. "Wow" factor top to bottom in this 6000+ sq ft custom contemporary w/ 1BR/1BA APARTMENT. Chefs kitchen w/ wolf/subzero appliances, cherry cabinets, huge island & breakfast bar, dining/office area open to family rm & 3 season sunroom. Formal dining w/ meadow views, living rm w/ FP, library, 2 half baths & mudroom complete the 1st floor. Upstairs is a magnificent primary suite w/ FP, sitting room, full bath & access to private 3rd fl dressing room or office w/ half bath, & 2 more large bedrooms each w/ private baths. Mahogany covered deck overlooks babbling brook & paver patio perfect for entertaining! Equine amenities are outstanding w/multiple barns w/matted stalls, fabric covered indoor ARENA, 10+ acres of cleared pasture w/ multiple paddocks & expansive turnout, trails onsite, woodlands & marsh for your recreational pleasure!
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| Dec 2, 2004 | Sold | ||
| Sold | |||
| Sep 1, 2004 | Listed | $1,750,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017