8635 Freeman Road
About This Property
At the heart of the land sits a 3,200 sq. ft. spray-foam insulated metal building on a solid concrete slab, complete with a 35' x 12' covered front porch. Water well, septic system, and roughed-in plumbing are already in place, setting the stage for a custom barndominium, creative workshop, or business venture. Whether you're dreaming of a full-time residence, weekend retreat, or multi-purpose ranch estate, the groundwork has been laid for something truly special.
A barn and livestock pens add to the property's versatility, ideal for those exploring agricultural pursuits, livestock, or simply space to roam. With room to build, expand, and breathe, the possibilities are endless.
This is more than just land - it's a launching point for your vision, your lifestyle, and your legacy. Come walk the property and imagine what you can create.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by Perfect Realty Partners | $750,000 | |
| Listed by Perfect Realty Partners | |||
| Jul 25, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | Listed by DAPHNE REAL ESTATE LLC | $700,000 | |
| Listed by DAPHNE REAL ESTATE LLC | |||
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Welcome to your versatile retreat! This expansive property features a spacious, open metal building sprayed with foam insulation on a sturdy concrete pad, accompanied by a barn and livestock pens, offering endless possibilities for customization and agricultural pursuits. With a wide-open layout, this metal building presents a blank canvas, ideal for creating the ultimate workshop, studio, or storage space. The accompanying barn and livestock pens provide additional opportunities for agricultural endeavors, whether you're considering raising animals or storing equipment.Outside, the vast expanse of land provides ample room for expansion or outdoor activities. Whether you envision creating a recreational area, starting a hobby farm, or simply enjoying the peace and quiet of the countryside, this property offers the space to realize your dreams.Conveniently located near amenities yet tucked away in a tranquil setting, this property offers the perfect blend of convenience and potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017