89 Fredrick Drive
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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 |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | In contract | - | |
| In contract | |||
| Apr 14, 2023 | Listed by Weichert Realtors | $850,000 | |
| Listed by Weichert Realtors | |||
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Stunning Lennar Colonial in the Executive Neighborhood of "Briarcliff Estates". This Spectacular Home is bathed in sunlight all day making it a joyous home-featuring 4 Spacious Bedrooms, 3.5 Baths with over 4700 sq. ft. The expansive gourmet kitchen has high end SS appliances, large island, butler's pantry, 2 wine fridges & stunning cabinetry & granite. The craftsmanship shows throughout w/the custom moldings, H/W floors, architectural columns & walls of windows. The spacious first-floor office is perfect for working from home or use it as a library. This elegant formal dining room will make you proud to serve your guests. A bright sunken family room is made for entertaining & relaxing by the gas fireplace, Bose speakers for movie night and your music will stay. Dual staircases will lead you to the 2nd floor. Upstairs you will find an exceptional primary suite-this luxurious primary bedroom is your own relaxation oasis, featuring a granite morning bar, wine cooler/beverage center, tray ceilings, 4 Walk-In Closets-YES 4 (1 being so large it could be a nursery or another home office), a spectacular dressing area, office/sitting area, triple sided gas fireplace & the incredible primary spa bath features: granite counters, whirlpool tub & frameless glass shower. Your large guest suite/princess suite has a full bath & WIC too. Additional guest bedrooms are also very nicely sized and share a jack and jill bath. Magnificent backyard offers 2 paver patios, expansive Trex deck & is a perfect .50 acre with new $15k landscaping, uplighting and underground sprinklers to make no maintenance for the new owner. Let the kids play outside with plenty of room. The tremendous Walk-Out basement is unfinished, but it is already plumbed for a bathroom and has a sliding door and large egress window- making this a Huge Bonus for the new buyer-ready to finish! Monroe-Woodbury schools. All in a sidewalk community of fine homes. Town water sewer & gas. 3 zone heat & 3 zone central air conditioning!
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| Apr 2, 2023 | Listed by Weichert Realtors | $850,000 | |
| Listed by Weichert Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017