109 Franklin 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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Coldwell Banker Realty - Westwood | $625,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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Beautiful craftsmanship throughout this antique home! The completely renovated kitchen features upgraded cabinetry with quartz countertops, tile backsplash, Wolf electric range, induction cooktop, range hood and separate steam oven, coffered ceiling with pendant lighting & breakfast bar. Front to back living room/dining room showcases a gas FP and French doors leading to the covered back porch. Updated half bath with pickled white pine wainscot, complete the first floor. There are 3 bedrooms on the 2nd floor, one with an en suite bath & a door leading to the upper deck, and a full hall bath with clawfoot tub. Hardwood flooring & custom wood trim through-out. Additional upgrades include a newer 30 yr arch. roof, upgraded electrical, insulation, high eff natural gas boiler, split system heat pump for heating/cooling on the 1st floor, and new heat pump water heater. Enjoy the perennial gardens from the front porch or relax on the 2nd story deck overlooking the private backyard.
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| Dec 2, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 1, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017